I promise-last post on the Nicaragua waterfront and then a couple of quick ones on Vancouver then I will let you know about the

so- Nicaragua-Aqua-I forgot to mention in my last post another key benefit for those who are 10 years away from retirement or more: in order to encourage the development of rental accommodation for tourists, Nicaragua has a relatively new tax law which applies to this development.  The Aqua project has been registered under the  law to reduce tax payable for purchasers.  From what I have been told by the developer's representatives, there will be no tax payable on the purchases AND no tax payable on the income from the rental of the units for the first 10 years.  However during that time, the law requires purchasers of the development to put their properties in the rental pool-they are only allowed to use the homes 110 days per year.  Which is MORE than enough for me! The remainder of the year, the homes must be available for rental purposes.  We have hotel condo units in Vancouver with similar restrictions.  Anyhow-it works for me. After the 10 years, you can leave the property in the rental pool or take it out and use the house exclusively for your own purposes.......