LAW FIRMS DOING BUSINESS IN NICARAGUA * A complete legal guide
First American Title Insurance For Nicaragua
Law of Incentives for the Tourism Industry of Nicaragua
CORPORATIONS and Doing Business in Nicaragua
Nicaragua has the most modern and
encouraging fiscal incentive law for investments in the tourism industry. It
basically helps the investor with significant savings in the initial investment
(construction costs, import taxes, sales tax etc) as well as huge incremental
gains with income tax and property tax exemptions.
You can build your hotel with savings up to 25% on imports or 15% on local
construction material purchases! And later you could start saving up to 100% of
your Income Tax ! and your property tax ! No where else in the world you will
find this combination at the present moment. And if you add to this a constant
growth in tourism arrivals in the past years of an average of 15%, just make
your numbers on the returns you can be looking when investing right in
Nicaragua.
Many lucrative activities are benefited by the law, like, hotels, Bed &
Breakfasts, restaurants, marinas, golf courses, convention centers,
transportation in all forms and even arts & crafts. Some investment requirements
and regulations apply.
There are other laws that will help you protect your investments in Nicaragua
supported by a steady and firm democratic and peaceful development for the past
15 years. Since the Law was enacted in 1999, more than 256 million dollars in
projects have been approved by the Tourism Institute.
Title Insurance is available in Nicaragua, as well as OPIC Insurance programs
for Financing, Risk Insurance and Investment Funds.