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Sunday, December 16, 2012

Farm land


Hola Nica Oasis Reader,

I would like to ask you a question today "Would you rather own all the diamonds, gold, and silver in the world or all the farm land? "

Everyone is talking about diversification in investment or adding a new asset class. Farmland, the world's oldest asset class becomes now the new asset class. However, it has become very attractive in the past several years and it is becoming more attractive over the coming years as the world's population
continues to expand. The world’s population is growing while the farmland availability is decreasing. This is translating to a global race for farmland in which some countries are imposing restrictions on foreing ownership of production land. Right now, there is a limited supply of farmland and a fast-growing demand. Farmland therefore is and will continue to be the world's best possible store of value and we will continue to invest in farmland. Nicaragua, in particular, stand outs; There is plenty of land and it is farmable. People can buy for investment and for fun, try to build your own garden of Eden like us.

Farmland in Nicaragua can be both an investment and a lifestyle, even a retirement plan. One word of caution, do not even think of buying for investment if you are not planning to live there yet. You could buy a small farm (10 to 15 acres) with a small house for about $130,000 to $250,000 . Engage a farmer to maximize the return from whatever crop you decide to farm while keeping perhaps some small field for your own hobby use. 

Hasta luego,

Don E.

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