Posted on December 9, 2015, in Daily Life, Making the Move and tagged , , , , , , , , . Bookmark the permalink. 15 Comments.

  1. Just to let you know, I have received discounts at restaurants on several occasions using my Canadian Visa credit card. The banks seem to run special discount programs with some regularity to encourage use of their products and seem to extend it to affiliated cards.

  2. Thanks. This has been a question for me.

  3. I’ve seen elsewhere that a reference from your home country’s bank is needed. What is that exactly?

    • Hi JM,

      A reference from your home country’s bank is a letter stating that you are in fact a customer, how long you’ve been a customer, what types of accounts you have and confirmation that those accounts are in good standing.

      Let us know if you have any other questions.


  4. Do these letters of reference have to be in Spanish?

  5. Hi Gord and Elisha,

    Question: Your list includes the item: “Copy of your beneficiary’s passport”. Who would the beneficiary be?



    • Hi Claire

      Your beneficiary is the person you would like to leave the heaps of cash in your bank account to if you died. I suggest Gordon MacKay, but you may have someone closer to you.


  6. Why didn’t you get your permanent residents after 4 years?

  7. Thank you for sharing this! Answered my question 🙂

  8. Sorry for being late to this post! What were the transaction fees like when you transferred funds from your Canadian account to your new Nicaraguan account?

  9. Hi Elisha & Gordon

    When you used your Canadian debit card were you able to take out US $ or cordobas? Also what was the exchange rate like?

    • Hi Jeff,

      Yes, we were able to take out either USD or córdobas using our Canadian debit card. For withdrawals you’ll get whatever the current world exchange rate is minus whatever your financial institution charges, which is usually 2.5%.


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