Background
Nicaragua has enjoyed a stable political environment and steady economic growth for a sustained period of time. As a result, an increasing number of foreign property investors have shown interest in the country and are discovering its welcoming climate, stunning scenery, friendly people, and compelling real estate investment opportunities. These new property owners are also looking for ways to make a more personal connection with Nicaraguan neighbors.
However, due the language barrier and the lack of an understanding of local needs, many of these newcomers do not have a way to engage with Nicaraguan communities. Thus, the vast majority come and go without any meaningful exchange with the community, much less contributing to or participating in social endeavors aimed at improving the quality of life in Nicaragua.
In order to address these issues, Community RE-Fund reaches out to investors, homeowners, and tourists in an attempt to appropriately address the needs and incorporate the strengths of Nicaragua. We all have something to offer, therefore we are all stakeholders. Community RE-Fund seeks to engage all sectors of the community, locals and newcomers alike, in the economic development of Nicaragua.
For most newcomers, real estate brokers are the first liaisons with the local community. Accordingly, these brokers are uniquely positioned to assist these visitor/residents in contributing to Nicaragua positively and effectively. Unfortunately, many brokers are not yet familiar enough with local community projects to sufficiently educate their clients during the investment process.
Community RE-Fund educates the agents who then share the knowledge of community needs and strength as well as of specific projects in need of funding with the foreign investors. The investors are then able to contribute beyond their real estate purchase and provide long-term benefits to their new communities.
We have come together as a group, along with investors, developers, non-profit organizations and municipal governments to set up the Community RE-Fund initiative.
