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Retire Abroad with Boomerscape |
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Written by Randall Wood
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Tuesday, 27 June 2006 |
 Jim Wyss in the Miami Herald has documented an interesting web site business devoted to helping baby boomer retirees settle into tropical countries like Nicaragua. The Nicaraguan government is indeed eager to foster this kind of retiree-investor interest in the country.
Author Jim Wyss writes:
There's a perfect storm brewing for the estimated 75 million baby boomers marching toward retirement -- and it has nothing to do with South Florida's weather.
Soaring healthcare costs, spiraling real estate prices and a beleaguered social security system are threatening seniors' ability to quit their jobs and kick back.
But Scott Avirett, Steven Sikes and Eric Anderson think they've hit upon an idea to help put the glow back into the golden years.
The three men -- all cousins -- are launching BoomerScape a website that will help adventurous seniors resettle in foreign countries where the weather is mild and dollars stretch further.
And with regard to Nicaragua in particular:
''There will also be boomers who want to buy houses in Costa Rica and Nicaragua -- boomers with disposable income,'' he said. ``It will be a smaller market, but it could be a growing market.''
Read the Miami Herald article here.
Read an archive of the Miami Herald article at the Elder Law Prof Blog.
And of course, visit Boomerscape at their website. |
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Last Updated ( Wednesday, 06 December 2006 )
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