How Can Nicaragua Let You Retire Early 🇳🇮

Is #nicaragua the secret to an #earlyretirement ? Can you live in paradise and somehow make more, save more, and not just enter #retirement early but also live a life that feels more like retirement before you even get there? We dig into that topic today.
6 May 2024
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🇳🇮

[@jamietennyson8529]

Love your show as usual my wife and I are coming down in five days. That is exactly what we are planning on doing retiring at 48 years old and I have just now come up with a great idea. I will be your sidekick. Lol

[@ScottAlanMillerVlog]

Hey, shoot me an email or hit me up on Instagram @ziffedtraveler maybe we can get a beer.

[@4GoHireAVet]

Really good stuff Scott, I just found your channel this morning & have watched several of your videos already. I've been working thru my "retirement" plan for many years now, Mexico's Riviera Maya, Belize, Panama & I just spent a month in Jamaica for the first time. They've all been some of my favorite Caribbean locations I've been searching to setup a combination Scuba Diving/Coral Reef Restoration conservation project facility focused around the Wounded Warriors & the Veterans communities I'm a part of & along with giving back to the local indigenous communities & environment at the same time. But back on point, the low Social Security Retirement & income requirements for Nicaragua are really appealing for me as part of the "Baby Boomer" generation. Anyway I'll shoot you a video or two in the next day or so with some questions maybe you can help me with exploring Nicaragua as another location option, thanks again excellent intel brother! 😎

[@ScottAlanMillerVlog]

Oh that would be super awesome! Welcome to the channel and I'm looking forward to the video questions!

[@joshvale5176]

Such a powerful video! Thank you Scott! Sending this out to all my friends and family! Appreciate all you do!

[@ScottAlanMillerVlog]

Awesome, thanks!

[@kirstenferreira3008]

Scott… love your show! I’ll be in there in July… would be great to meet you. Took your advice last year and did not ride down on my bike!

[@ScottAlanMillerVlog]

Awesome, I should be around!

[@HectorMolinares-uj9pg]

Nice video god bless you

[@Brent-ox8lk]

Thanks for another great, and for me, on-topic informational vid. Man, you really crank them out! I need a third of your energy! lol.

[@truthteller6743]

My wife and I are thinking about it. We are Canadian. We also have a 5 year old. We are thinking about homeschooling our boy. Just wondering about private school too. Just to help into integration into society. My wife s trilingual, but I am English only. Working on my Spanish. Liking Leon, for its proximity to the Ocean and cost of living. Also, I've heard the city is well educated with great schools. Are you homeschooling? How are you educating your children? Great show. I'm subscribed.

[@ScottAlanMillerVlog]

There is a lot ot question there. Would private school actually help with integration? Does that type of integration have benefits? Your kids will never be Nicaraguan completely, does it make sense to attempt to be? Or does a better home life / better education trump that? Most of the top echelons of Nicaraguan society use excuslive private schools locally and abroad that totally remove the "integration" aspect. Does it really do anything? I was private and public schooled in the US and what did it get me? Not integration, that's for sure. It wasn't bad, per se, lots of good to it. But integrate me it did not. And would I want to have been? It's a big topic. Every kid has their own needs. We homeschool. We've lived in eight countries and our kids are never going to be mistaken for Nicaraguan kids. Going to public or private school would just set them back and make for big challenges. But that's our kids. Yours, being younger, might manage to fit in to a point where it makes sense.

[@baronteddyvonforsthoffer2567]

There are a lot of private schools in Nicaragua. Just have to take your time and do a lot of research. Stay away from public schools. In my opinion, homeschooling may isolate your child from the outside world. Probably be a good idea to get into a good private school.

[@mathieutallard6328]

I'm in Managua and it sucks a lot. It should be on the list of the world disgusting cities or capital...

[@ScottAlanMillerVlog]

I used to live in DC, Managua is SO much better. Safer, obviously, but nicer, better culture, nightlife. DC is so gross and dangerous. My old bar was gunned down by the mafia, luckily on a night I was out.

[@mathieutallard6328]

@@ScottAlanMillerVlog I don't have the time to really explore Managua . What I see,saw,is not inspiring.

[@cleaneatingwithclaudiaepic4895]

I cannot afford to retire in Canada. Looking forward to move to Nicaragua as a base and travel around

[@ScottAlanMillerVlog]

Can anyone afford to retire in Canada? I'm not sure how Canadians can afford to live up there even when they are actively working!

[@cleaneatingwithclaudiaepic4895]

​@@ScottAlanMillerVlog that is so very true unfortunately hence it is time to pursue alternatives as soon as possible.

[@MichelDagenais-lz3kv]

Hello Scott! Whats the différence between the « Tourist visa » and the « Retiree Visa » ? ( if there is a différence..) What is the best ? We have bought recently a piece of land in the south of Nica. As soon as we sell the house, we are moving! Thanks very much for your inspiration !

[@ScottAlanMillerVlog]

The tourist visa is the automatic "everyone gets it" on arrival visa that gives you up to 180 days before you must go out over a hard border and return (border run.) A retiree visa is one of the suite of "permanent" residency visas that eliminate the requirement of doing a border run (but require cedula check ins every six months.) One isn't better than the other, they are two very different approaches to staying in the country and you would pick one or the other based on needs (or eligibility).

[@ScottAlanMillerVlog]

And congrats on the new land!

[@patriciaflaherty]

I'll never be able to do what I want when I want to because...🐩dogs🐩 😁.

[@ScottAlanMillerVlog]

Story of my life.

[@Bob-pd1wf]

Do you have any insight into the purchasing of property? Anything we should know?

[@ScottAlanMillerVlog]

Tons. I have easily dozens of episodes on it. I've purhcased multiple times here. There is a LOT to know. Most importantly, don't even think of researching, let alone buying, from abroad. Everything you see is fake. EVERYTHING. So much more than you can even imagine.

[@raindances3310]

I heard you can get a retirement visa in Nicaragua at age 45. Is this true?

[@ScottAlanMillerVlog]

That is true. But you can get a non-retirement visa that is essentially identical younger too.

[@baronteddyvonforsthoffer2567]

I got my residency at 46. I receive military benefits so I was able to get my residency as a pensioner.

[@MissJonie89]

hi Scott.. just stumble on your vids.. do you know of an immigration lawyer that could help us get a residence visa there in nicaragua...we are going to managua this coming 17th and looking forward to get residency there. by the way, your contents are helpful.. new subscriber here.

[@Urineil]

He tapks about this in MANY videos. You can search for them...but basically you don't need to establish residency to live here (as im visiting nica for possible relocation now), nor should you want to unless there is a very specific reason for it.

[@ScottAlanMillerVlog]

Hey MissJonie! Yes, of course I know people. But you want to be living here a long time before even considering a residency option under all but the rarest circumstances. What makes you want to do so on arrival?

[@MissJonie89]

the problem is i am a fiipina and carrying a philippine passport. we are worried about border runs and how much time they would give each border run...i am going there with my husband and 6yr old son (both US citizen ). planning to settle there for atleast a year .

[@MissJonie89]

@@ScottAlanMillerVlog we want to settle for a while and not worry about moving from time to time .

[@SteveNotaro-ud9hm]

What’s best airport to fly too for León Staying 5 days so I need a car so I can explore steve 7:15

[@ScottAlanMillerVlog]

Managua is the only international airport open in the country right now. But that's only two hours away, so it's the right one either way.

[@judybiedenharn5758]

Scott, I keep leaving comments that disappear, so I'm about to give up contacting you. I can't imagine that you personally are disappearing my comments, so I have no idea what's going on.

[@ScottAlanMillerVlog]

If you need to contact me, all my contact info is in every video and on the KZbin page. If you attempt to put an email address or phone number or other personal contact info into a KZbin comment KZbin will simply delete it immediately. These are discussion forums and not safe to put your contact info.

[@ScottAlanMillerVlog]

The easiest place to find my contact info including my email, every social media link, and my NicaHabla phone and chat line are all in every video description. On the KZbin main page is at least the email address, which is the best one to use.

[@judybiedenharn5758]

@@ScottAlanMillerVlogAhhh. Maybe my two comments disappeared because I referenced your email address in them. If that's the case, then the one I posted below will disappear, too. I've not put any of my personal information in those comments mentioned above.

[@ScottAlanMillerVlog]

If you had my email, you can just email that to reach me privately.

[@judybiedenharn5758]

​@@ScottAlanMillerVlogScott, I've reached out to you via your email address several times over the last month via my gmail account as well as my proton account. I haven't received a reply to those emails, so I guess they may be caught up in your spam filter.