Overview:  Northern Nicaragua The North Pacific Coast of Nicaragua. “The Marina Area”, has been a hotbed for real estate in recent years. Nicaragua’s excellent press and advantageous tax laws (10 years tax free with Law 306) have been raising the eyebrows of tourists and investors all over the world.    The experienced eye sees Nicaragua as the diamond in the rough on the horizon.  More positive news for investors in the region is the U.S. State Department’s report that Nicaragua is by far the safest country in Central America.  A Homicide and Crime rate from half to a tenth of all other Central America countries and lower than any major city in the United States.  The Chinandega area is the safest  part  of  Nicaragua with the lowest crime rate. The Northern Pacific region borders the Pacific Ocean to the west and Coseguina Volcano, El Salvador and Honduras to the North. To the East is the tallest volcano in the country, San Cristobal.  Leon, the second oldest city in the Americas, is located here. The Managua International Airport is 2 and a half hours away to the south. With breath-taking beaches and the most affordable property in Nicaragua, the Northern area has begun to grow in popularity among foreigners investing and retiring in Nicaragua. With soaring prices in San Juan del Sur and the Tola region this area is ready to explode.