Author Tim Rogers writes:

Many investors seem willing to give Ortega the benefit of the doubt, not necessarily because they trust him, but because they are already here and it's easier to wait and see than to cut and run. "We believe that Mr. Ortega is serious about his commitment to promote foreign investment and tourism," said Pennsylvania native Mike Cobb, president of Gran Pacifica development, which promises to be the first Marriott beach resort in Nicaragua. Cobb says his project plans to "move ahead with all due speed" and "stick to the path we have established."

Other investors are echoing Cobb's guarded optimism. A group of 18 key investors in San Juan del Sur, Nicaragua's most important beach town, have written a letter to Ortega urging the president-elect to hold a special meeting with them as a sign of his commitment to tourism and investment on the coast. The group warned that the tourism sector is "very volatile to political perceptions," and claimed that some investors have already started to withdraw their money from the country.

Rogers also discusses the double-edged effect this election has had on the real estate market. We’ve long maintained Nicaragua is an exciting and captivating place to live in or travel through, but it takes a bit of an appetite for risk. Living Abroad in Nicaragua explores other risks any potential investor should be aware of when thinking about spending money in Nicaragua, and looks at ways potential investors can hedge their bets.

Read the rest of the article at Time Magazine.