Jim Laird and I will be hosting a retreat in Nicaragua this year.
You can learn more here.
We’re hosting it at Gran Pacifica Resort, a remote vacation destination on the Pacific Coast of Nicaragua.
Where I have also just purchased a tiny home. There are also beachfront luxury homes for sale and luxury eco-friendly homes available in this community.
Why are we hosting this retreat and why did I purchase a tiny home in this community?
Nicaragua is safer than most of the United States at this point.
The Nicaraguan government never instituted lockdowns or mandates of any kind in the last three years.
This is a private, gated community with armed security, with home options from $129,000 up to multi-million dollar mansions.
The community has gardens and food production on-site.
The community is off-grid and has faster internet speeds than my current domicile in Florida.
The tiny home I’ve purchased is only about 200 feet from the ocean, including some incredible surfing breaks. Exact location here.
The food is incredible and I can easily afford a gardener who will raise my food organically.
But why a tiny home?
Yes, I could have afforded a much larger home on a larger lot.
Yes, I can afford a home in the United States.
Here is why I bought a tiny home in Nicaragua instead.
I know that material possessions will not make me happy and may actually make me less healthy. Material possessions often distract us from our wellness. The more you own, the more complicated your life becomes. I see a strong trend between material wealth and both mental and physical disease. The more money my patients are making, the more money they often find themselves spending on their wellness just to get by. I’m not interested in living big. I’m interested in living well, and I strongly believe that living well means living modestly.
Home prices in the United States continue to climb, and so does the cost of living. What is going to happen to the US housing market? I am not comfortable buying in a market that may crash within months to a year. The unfunded liabilities of the US government have put us on track for national insolvency. How could this not have catastrophic ramifications for the housing market? This is why the world is working hard to decouple from the US dollar.
Home prices in this development in Nicaragua are not going to drop, because they are set by the developer. I’m getting a parcel a stone’s throw from the beach for a steal. The same parcel in the US could easily be a million dollars. I would much rather have ten homes in Nicaragua than one home in the US. Ex-pats are flocking to Nicaragua thanks to its low cost of living and the fact that they had no lockdowns or mandates.
I can run my practice from Nicaragua. Why not run my practice from the beach for a fraction of the cost of living in the United States?
I can purchase multiple properties in Nicaragua and rent them out, which is a much better investment than one property that I will live at full-time in the United States.
I’m planning on investing more money into this community within the next twelve months. This isn’t financial advice, it’s just my thinking on how I’m going to position my assets given the fact that our country is currently being run by a dementia patient and his miserable band of hopelessly corrupt socialists. I think now is the time to get into this development. It would not surprise me if home prices in Central America as a whole double in the next year. You can learn more about the tiny homes here. You can sign up for our retreat here.
Until next time, be well,
Dr. Stillman
My family and I have been exploring this type of scenario. I am a real estate developer and investor based in the Pacific Northwest. We are exploring options to spend 3-6 months/year outside of the US.
-How is drinking water? We currently get all of our water from a pristine spring.
How are you navigating citizenship? Residents -permit?
-Is there Fee Simple ownership on these properties?
-We are mostly animal-based. What is access like to local meat and raw dairy?
YAY! Congratulations :) It's such an amazing country with a great quality of life.