Click here to return to The World Homes Network home page Search for property to buy or rent Submit a porperty to sell or let News about the property market and World Homes Network - Click here Tools to help you in the property market - click here

Welcome!

 
 
Quick Search - enter text below to search the whole World Homes Network site
Quick Search - enter text below to search the whole World Homes Network site Quick Search - enter text below to search the whole World Homes Network site
powered by Google

» Advanced Search

» Map

» Information

» Property Agents

» Site Map

Bookmark World Homes Network

» Convert a currency

Nicaragua

Find Property

Please click the button and then fill in the form to define your search.

 

Property Agents In Nicaragua

Nicaragua Land Company ResidentialCommercialResort/VacationFarm/RanchLand
SNIDER REALTY, Granada, NicaraguaResidentialLandVery Good
Investment Opportunity in Nicaragua CommercialLandAverage
Peter Tsokos, Tropical-Islands, NicaraguaVery Good

Nicaragua

Country in Central America, between the Pacific Ocean and the Caribbean Sea, bounded N by Honduras and S by Costa Rica.

Government

The constitution dates from 1987. The 92-member National Constituent Assembly is elected by universal suffrage through a system of proportional representation for a six- year term, and a president, similarly elected, serves a non-renewable five- year term, with the assistance of a vice president and an appointed cabinet.

History

The first European to reach Nicaragua was Gil Gonzalez de Avila 1522, who brought it under Spanish rule. It remained Spanish until 1821 and was then briefly united with Mexico. Nicaragua achieved full independence 1838.

After two decades of turmoil and invasions from other Central American states, Nicaragua experienced 30 years of relative tranquillity 1863-93 under Conservative rule. This long period of peace led to increasing foreign investment, especially in coffee plantations and railway construction. The Liberal dictator Santos Zelaya, in power 1803-1909, promoted state education, the separation of church and state, and civil marriage and divorce. He also led the movement for a brief union 1896-98 with El Salvador and Honduras.

In 1912, at the Nicaraguan government's request, the USA established military bases in the country. Their presence was opposed by a guerrilla group led by Augusto César Sandino. The USA withdrew its forces 1933, but not before it had set up and trained a national guard, commanded by a trusted nominee, General Anastasio Somoza. Sandino was assassinated 1934, but some of his followers continued their guerrilla activity.

The Somoza family began a near-dictatorial rule that was to last for over 40 years. During this time they amassed a huge personal fortune. General Anastasio Somoza was elected president 1936 and stayed in office until his assassination 1956, when he was succeeded by his son Luis. The left-wing Sandinista National Liberation Front (FSLN), named after the former guerrilla leader, was formed 1962 with the object of overthrowing the Somozas by revolution. Luis Somoza was followed by his brother Anastasio, who headed an even more notorious regime. In 1979, after considerable violence and loss of life, Somoza was ousted.

The FSLN established a provisional junta of national reconstruction led by Daniel Ortega Saavedra, published a guarantee of civil rights, and appointed a council of state, prior to an elected national assembly and a new constitution; assembly elections held 1984 endorsed the FSLN.

Nicaragua's relations with the USA deteriorated rapidly with the election of President Reagan. He froze the package of economic assistance arranged by his predecessor, Jimmy Carter, alleging that the Sandinista government was supporting attempts to overthrow the administration in El Salvador. In March 1982 the Nicaraguan government declared a state of emergency in the wake of attacks on bridges and petroleum installations. The Reagan administration embarked on a policy of destabilizing Nicaragua's government and economy by actively supporting the counter-revolutionary forces (the Contras) - known to have executed prisoners, killed civilians, and engaged in forced conscription - and by covert Central Intelligence Agency operations, including the mining of Nicaraguan harbours 1984. In Feb 1985 Reagan denounced Ortega's regime, saying that his objective was to `remove it in the sense of its present structure´.

The World Court ruled 1986 that the USA was in breach of international law and ordered it to pay $17 billion in reparations. In June 1986 the US Congress approved $100 million in overt military aid to the Contras; total US aid to the Contras was $300 million.

In 1988 a hurricane left 18,000 homeless.

 
     
 


Home - Find Property - Submit Property - News - Info - Feedback - Site Map - Help

Terms, conditions and privacy policy, September 2002

© 1996 - 2008 World Homes Network. All rights reserved.
Web systems developed by Brian Watson & Co.
Web re-design by
Preproductions - Affordable web solutions. Click here for more information.