Yes Folks, we are #1...."The world's top retirement havens for 2011".
Now, it's very clear that Don Key West or Granada Sherif did not write this blurb on Nicaragua:
Nicaragua—specifically Leon, Granada, and San Juan del Sur. Nicaragua is more attractive than ever for one important reason: It's a super cheap place to live. I've been a fan of this misunderstood country since my first visit nearly 20 years ago. Property values, especially for beachfront property along the Pacific, reached bubble status last decade. Today prices are more realistic and more negotiable. In the meantime, the cost-of-living has remained seriously low. And last year Nicaragua inaugurated a new and improved foreign retiree residency program. For all these reasons, 2011 is the time to put this country at the top of your super-cheap overseas retirement list.
This line was bit odd: "Property values, especially for beachfront property along the Pacific, reached bubble status last decade"
Does she mean maxed out, burst, topped out? If so, she's a little wrong. Maybe its real estate speak for something else.
She if course being Kathleen Peddicord of "Live and Invest Overseas" and before that Publisher of International Living.
Of course, despite saying this; "Today prices are more realistic and more negotiable", she would not have told you that they were unrealistic back when they "Bubbled"....
Nicaragua is cheap, that's the message....cheap. Oh, and "misunderstood".
So what defines a 'Retirement Haven'?
I would say its not what people have read and will read over the next year...Mind you, we all have a different wish list for retirement. Cheap is likely on all of them.