Gringo Land Speculators In Nicaragua Are Sandinista Apologists

gueguense's picture

I know of several Nicaraguans colleagues that will NOT retire in Nicaragua. They already experienced the chaos and confiscations of the sandinistas .They will not lose the nest eggs that cost them sweat, blood, and lots of tears.

One of these friends bought a large estancia in Uruguay for a fraction of the cost of Nicaragua's overpriced real estate, and without the headaches of fearing that your land will be confiscated or occupied by sandinista thugs in the middle of the night.

My beef with gringo land speculators is long standing. No, I did not get swindled, as I would not buy anything from these scum.

These people have no scruples. They destroy communities in the long run long after they have repatriated their profits. In Nicaragua it is common knowledge that these amoral folks pay protection money to the sandinistas at all levels. Many of them do business with them and serve as strawmen. Because they have to rely on sandinista protection and patronage for their activities they essentially become their apologists.

When sandinistas beat up innocent students or throw rocks and fire bullets at unarmed protestors these people say that they had it coming or that it was really provacateurs sullying the sandinistas' "good name".

If you do not pay protection to the sandinistas particularly when you are a participant in certain land transactions, suddenly the DGI, MARENA, and the local mayor will start giving you trouble. "agrieved workers" will take over and loot your place, ad nauseam.

The speculators routinely pay hush money to the media and individual journalists to avoid the spotlight of their activities. It is all a cost of doing business.


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El Salvador always fights Guatemala either #1 or #2 most dangerous country in Central America, although Honduras is nipping at their heels.... El Salvador is the most gang infested place in Central America. Even small formerly placid villages have MS13 tags and grafitti all over them. Never heard of marasalvatrucha? look it up and then think twice! It is irresponsible to promote places such as these as retirement havens to gringos who for the most part are monolingual and have never lived outside the USA. Even for us central americans, each country has a distinct ideosyncracy that can throw you off and get you in trouble. calling an item by the wrong name at the wrong time can make you the center of unwelcome attention. calling your kids patojos in Nicaragua instead of chavalos will sure perk everyone's ears. asking for chancho in El Salvador instead of using tunco will get you weird glances.... I could go on and on.....

We are thinking about moving

We are thinking about moving to C.A, would you mind corresponding with us and answering some questions? Thanks!

Green Properties

The non profit association that I volunteered with last year has a hostal in a green area near the Rain Forest park entrance, but locals run it on electricity, could be upgraded, those seeking a quiet crime free town to retire in, with celular and wi fi or dsl internet service if required would look into Cinquera and other rural towns in El Salvador, rent houses as low as $50 to $100 month, the campesinos are reserved but nice click on and also for dozens of El Salvador Links, travel info and volunteer ops, based in nearby colonial town of Suchitoto, El Salvador is truly C.A. s 'Hidden Gem' for the few that are able to live away from ex pat colonies, I talk to ex pat friends maybe 4 times a month tops, basic Spanish required, pick up truck recommended to get around, can bus it to the city if need be or hire driver owner for a day.

Not too many 'green properties' so do it yourself one day.

You are dreaming friend, properties in most of Central America a sold as is, there are a few 'green hotels' and such operating in Costa Rica, several years ago I stayed with a group while volunteering at orphanage in Nicaragua, the entire place was solar powered, but built by German missiionaries, I reside 24 years in Central America, volunteer in development of rural ectourism, fair trade for artisans, etc. and I have elaborated a primer for first time visitors to Central America, since I live on a fixed income, I rent a small apartment, own no land, sold my vehicle a few years ago for peace of mind, so I am probably the only 60+ gringo living in El Salvador that takes public transportation, all the locals and ex pats drive around in a/c SUVs with windows rolled up, all the time so what, never have been 'mugged' here, I am a New Yorker, survived Nam and the conflicts in Central America in 1980s, so invite you to visit me anytime, if you are heading for El Salvador and Guatemala, and anyone else. This forum is different from other Central American ex pat forums in that here people tell you what they think, not what they think you want to hear, As for yourself, someday can buy a small property and put in solar or wind power yourself, price of gas and diesel and food going through the roof in Central America as well, my Uncle a German/Polsh-Guatemalan was an agronomist, I still remember the days in 1970s when all of C.A. was lush and green. saludos y aprenderle espanol! Elsalwizard. message me anytime.

Good suggestion, on a new topic we'll look into green properties

I put up a forum thread in response to your suggestion about green properties: Ecological Developments in Costa Rica, Panama, Nicaragua, Central America.

 A lot of information here. I

 A lot of information here. I get the feeling that if one wants to buy property in these parts one must be motivated by a deep abiding love for the country and its people before taking the plunge.  Merely purchasing for speculation purposes or in the hopes that values will rise considerably (there is not much information available on resale numbers) is  risky business.

For now I have decided to travel around Central America. I will spend my time learning the language, learning about the people and their customs, volunteer, meet new and interesting people, eat, drink and be merry.  My impact will be minimum and yet I will be helping the local ecconomy but leaving the place exactly as I found it. ........



The new marketing angle of "green properties" (is there really such a thing?).........

these issues involving transactions are complex for my Spanish

I don't mind that you write in Spanish, but I'm sorry I'm out of my league in responding to the increasingly complex issues articulately in Spanish myself.

Some of your suggestions are quite good.  On the other hand, some don't respond to the example I gave, and some are either naive or hand-waving to cover up realities of Nicaragua.

When exactly was the last time you bought land in Nicaragua?  When was the last time you bought land in California?  In the U.S. most properties are purchased through escrow.  Most receipts and most assesments are close to ballpartk.  Most escrow agents and assessors do not demand or accept bribes.  In Nicaragua, there is no escrow, most deeds contain false statements of transaction amounts (and other details), most assessors demand bribes, and assesments have little to do with property values.

Your fascinating list of requirements (to know the seller, to not involve any intermediary, to demand to see the previous original copy of the original title in the lawyer's protocol book, to demand that the title is free and clear, etc) are nice ideas to keep in mind, but most likely you will never find even one property to buy in Nicaragua if you have such high standards.  (Which, of course, is one way to keep from losing money!)

People who actually buy property in Nicaragua know that every property for sale has title problems that cannot all be eliminated in advance, know that it's often impossible to avoid having some intermediaries involved, etc.  For these reasons, the actual purchase price of properties in Nicaragua is far less than it would be for something comparable in a civil society with solid titles and a working judicial system.  The buyer has to assume he is buying damaged goods, that he is negotiating against several sellers and one or more intermediaries, and the buyer generally has to take a certain amount of responsibility for fixing the problems with his title and property that come up later.

You yourself say the title should have an amound that is by mutual agreement of the parties, implying an inaccurate number.  You're right, that is the way to make money in Nicaragua.  But it's certainly not doing business honestly according to my standards of honesty, which was the original point on which you suggested I was incorrect.

Your suggestion to register the new deed immediately is naive, as you cannot do so until the taxes are paid for the transfer.  Sure, you can pay 1% of an arbitrary value to temporarily register the deed (an amount that is not applied toward final registration later).

It is possible under some circumstances to get an advance valuation of the property in question, so that you know in advance what the taxes will be.  But you certainly couldn't get that paper without paying a bribe or indirectly supporting the assesor in some other equivalent way if you have the proper connections.

Thanks again for your contributions to the website.  While it does appear that we will have to agree to disagree on some of these specific points, we both have a lot to share.  A diversity of well-articulated perspectives are the most we can hope to provide for those who are in Central America or come here later, to make sense of living here and doing business here when they engage on their own.

By the way, now that you have regisitered you are welcome to create Forum Topics of your own with the "Create Content" menu, or to post Blog entries about your time in Central America.  I am sure others share my interest in knowing your story or hearing more of your perspectives about Nicaragua and/or Nicaraguan culture.


El Catastro

Me parece que en el caso que Ud. cita, todo comenzó mal.  Lo que yo hubiera hecho es lo siguiente, en términos generales:

* No comprar por medio de intermediarios o agentes de Bienes Raíces.

* Conocer personalmente al vendedor.

* Previa venta, hacer que el vendedor produzca todos los  documentos, solvencias, etc. pertencientes a la propiedad incluyendo copia de la escritura del Registro de la Propiedad y del libro de protocolo del abogado.

* Ir personalmente al Registro de la Propiedad y constatar que la propiedad en verdad existe con las acotaciones dimensionales especificadas en la escritura, también asegurarse de que está libre de gravámenes.

* Con los documentos en la mano, ir donde un abogado, de preferencia el que escribió la escritura original, y redactar la nueva escritura con un precio que este en mutuo acuerdo con ambos, vendedor y comprador.  Registrar la nueva escritura inmediatamente.

* Llamar a la oficina del Catrasto para valorar la propiedad, y lo que el Catastro decida, esos serán los impuestos a pagar.

* En Calif, es lo mismo, yo puedo vender mi propiedad a un miembro de mi familia por $10.00 USD, sin embargo el nuevo dueño, pagará por impuestos lo que la oficina del "Tax Assesor" determine.




el español si es la lengua de la gente aquí

Aunque a mi me cuesta hallarme en la lengua, haré lo posible para expresar algo.  Disculpe lo que falta en mi expresión, nunca he aprendido el español formalmente.

No estoy escribiendo de la pregunta si hay riesgo ó no, invertir en Nicaragua, sino solamente en la unica pregunta, si uno puede ganar sin hacer sus negocios en forma ilegal. 

Le doy un ejemplo.  Hace unos cuatro años alguien compró una finca allá en Nicaragua.  Quiso escribir en la escritura el precio correcto. Uno le explicó, así solamente vas a perder in Nicaragua, mejor hacer como todos, escribir el precio en la escritura que son cordobas, aunque sabemos todos que son dolares que estas pagando.  Pero escribió el precio en dolares.

Ya en el catastro que le dijieron?  Que la finca valía mucho mas que lo escrito, y que el cuatro porcentage sale tanto y tanto.  Bueno, iba con tantos abogados por la puerta adelantera, y en el catastro no los escucharon.

Tuvo que inscribir la finca provisionalmente mientras que negociaba con el catastro.  Al final, tuvo que negociar con catastro personalmente.  Ricibieron su porcentage en efectivo, y pagó la cantidad correcto en la ventana, en todo salieron 5 porcentage, no salieron 4.  Sin pagarle a los sinverguensas, hubiera pagado 12 porcentage en la ventana, lo cual hubieran compartido los mismos detras de la ventana.

Este es solamente un ejemplo, le podría dar bastante mas.  Así no es igual la manera en los estados.  Compré tres propriedades en los estados, ninguna vez mentí nada, y siempre pagé lo correcto.

Tal vez Usted no tiene experiencia con negocio en los dos paises, ó quien sabe, tal vez Usted no queire que el mundo sepa la realidad de Nicaragua.  Tal vez Usted entiende bien un pais ó el otro, pero los dos, no, porque son tal diferentes, reflejo que no hubiera dicho así como leí en su repuesto.


El Propósito de escribir en español, es ver si alguna otra persona se ánima a hacer lo mismo y podamos discutir temas serios como es la tenencia y adquisición de Bienes Raíces en Nicaragüa, en la lengua vernácula.

El hacer negocios en Nicaragüa que obtengan un buen margen de ganacia, no posa mas riesgos que el hacerlos en cualquier otro lugar. La deshonestidad es rampante en USA, si es que este es un ejemplo de las prácticas de U.S. y los paises de Europa occidental.

Quedo agradecido por la invitación a escribir en este foro anónimamente, obtendré un pseudónimo
mas adelante.

welcome & Nicaraguan contexts

Hi, and welcome to the board.  You're welcome to post anonymously (I just enabled anonymous posting on the site) - but anonymous posts do take some time to appear because they have to be manually approved [otherwise all we would read about would be viagra, as spam is so prevalent]. You are also welcome to register and then your comments and posts will appear immediately.

With regards to the one point on which we appear to disagree, I am specifically talking about doing business profitably in Nicaragua.  It might be possible to simply rent a house there and not engage in dishonest business practices (by US/Western European standards).  It also might be possible to engage in in business in the U.S. with Nicaraguans who live in the U.S. and make a profit honestly.  It might even be possible to have friendships with Nicaraguans in Nicaragua without being dishonest or having them be dishonest.  I'm specifically not talking about those possibilities.  I'm specifically talking about doing business profitably (to make money) in Nicaragua itself.  

Are you disagreeing with me about that?  I don't aim to make a statement about the character of Nicaraguan honesty in general.

Thanks for providing the link.  I read through it, interesting - but I'm not sure if it's actually the link you intended to share: it appears to be on an entirely different topic, namely the formalization of the rapid-service payments by the banks, who were formerly paying through the teeth to their lawyers to indirectly get the rapid-service (no doubt charging a liberal commission themselves!)

Partidos Políticos

Con respecto a los partidos políticos de Nicaragüa, ambos son corruptos, tenemos que acordarnos que fué el PLC, el que en complicidad con A. Aleman, le dió entrada a DOS y su facción del FSLN.
Lo cual ahora, representa un serio problema para Nicaragüa.

Con respecto ha hacer negocios con honestidad en Nicaragüa, me parece que estás equivocado, en mi experiencia, la mayoria de nicas con los que he tratado, han sido personas muy honestas.

El tópico original de este tema fué, Los Especuladores de tierras en Nicaragüa, y en este respecto,
me parece que Güegüense está bastante acertado. Este artículo en El Nuevo Diario, corrabora la acersión de Güegüense,

Sandinista vs other parties

What is your opinion about the FSLN Sandinista modus operandi vs. that of the Aleman / Chamorro / Bolaños or whoever from PLC/etc?  

What you say matches with my experience: that it is is impossible to do business honestly in Nicaragua and be profitable.  It's even almost impossible to get anything done at all (even at a loss) without employing dishonest practices like bribes and faked papers.

My gut instinct based on experience is that the alternatives to the Sandinistas, while less violent in their retributions, nevertheless do insist on their cut to the extent that they can.


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