Nicaragua is one of Central America's poorest countries, but that doesn't stop retirees from flocking there in order to stretch their dollar but live comfortably. The country is on the upswing though: the capital city of Managua is developing into an urban center, for example. However, the most important aspect of moving to Nicaragua during retirement would be the beauty of the country. The country has beaches, rain forests, and volcanoes mostly untouched by tourism. Granada is a historical city filled with beautiful scenery and an easy-going lifestyle. Houses are for sale for as low as $100,000 and the average cost of living doesn't exceed $20,000.
Watch a slide show of Granada to your left.