The government’s armed takeover of a property allegedly belonging to Hotel Punta Teonoste, a luxury eco-resort on Nicaragua’s southern Pacific coast, is sending shockwaves throughout the investment community and renewing fears of Sandinista confiscations...
http://www.nicaraguadispatch.com/business-travel/teonoste-row-sparks-fears-of-confiscations/2226
“Americans who own property, many of who are dual (Nicaraguan) citizens, have suffered (recent) land invasions. And when they have gone to the authorities, authorities have not reacted. So they come to us and we inform the authorities. And I must say the reaction from the Nicaraguan government has been mixed at best,” former U.S. Ambassador Robert Callahan told The Nicaragua Dispatch in his exit interview last July.
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