Managua Foreigners, mainly from Anglo-America and Europe, are becoming interested in considering post-retirement life in Nicaragua, as the country has been mentioned by various media outlets due to its safety performance on major indexes and inexpensive lifestyle for tourists. The capital is also in need of more office space in downtown Managua as the city's economy continues to grow. Economists predict that its demand for commercial real estate will increase. New office buildings are currently being constructed along Carretera a Masaya and in Villa Fontana districts. The most recent inauguration being the Edificio Invercasa. "Plaza de la Revolución" (Revolution Square), formerly
American Capital of Culture American Capital of Culture The non-governmental organization American Capital of Culture Organization selects one city in the Americas annually to serve as the American Capital of Culture for a period of one year. The organization claims the initiative is based closely on the European Capital of Culture program; it enjoys the backing of the Organization of American States, but the OAS is not involved in the selection process. The American Capital of Culture initiative was born in 1997 and is aimed at all the countries of the Americas ("América" in Portuguese and in Spanish, the main language of most of