How safe and protected are my assets in Nicaragua?
Mike Cobb - ECI Development
Protecting assets and property in Nicaragua means following the rules, using common sense, and refraining from “Margarita Madness,” a disease where Americans forget their heads and do stupid things in a foreign country that they would never do at home. Never use the seller’s attorney. Always demand title insurance or proof of a master policy on the property you are buying. Never pay a bribe to get something done. Rent before you buy to really get the...
Protecting assets and property in Nicaragua means following the rules, using common sense, and refraining from “Margarita Madness,” a disease where Americans forget their heads and do stupid things in a foreign country that they would never do at home. Never use the seller’s attorney. Always demand title insurance or proof of a master policy on the property you are buying. Never pay a bribe to get something done. Rent before you buy to really get the inside scoop on the country and any property you think you might want to buy.
Posted January 20, 2014