Central America Real Estate Solution: Why, When and How.

Posted on November 23, 2008. Filed under: Uncategorized |

It is true that the financial and economic crisis in the USA has quickly become an international problem. However, Central America is not subject to the loss of financial guarantees that provoked the crisis in USA, as the financial system is much more regulated in Latin American countries, as well as more contained. I feel confident, and so do most experts, that the crisis will not reach the widespread magnitude of USA.

The financial implosion in United States coincides with the phenomenon of a massive number of baby boomers’ reaching retirement age. The savings they had accumulated throughout a lifetime have been greatly reduced.  I have personally talked to people who tell me that they have lost up to 40% of their 401Ks.  In order to maintain (or improve) their quality of life during their retirement years, many are increasingly looking to moving to Central America, where they can live comfortably with around 60% less than they could ever live in the United States.  This includes the availability of quality medical care, too.

The public and private sectors in Central America understand this and have been developing projects tailored to international pensioners; governments have been promoting tax and business incentives, and legislation that will facilitate this demographic movement.  Indeed, the fastest growing demographic group in Central America is US retirees.

I recently gave a presentation at the annual convention and expo of the National Association of Realtors in Orlando titled “Central America Real Estate Solution: Why, Wghen and How” and as promised, have uploaded that presentation unto this blog.  You may find the link to your right hand side or may copy/paste the following:http://www.box.net/shared/2098f7z3kz

For more information on specific projects and specific countries in Central America, feel free to email me at C21MiaFL@aol.com



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