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Special Considerations for Foreign Investors |
Foreign Investors may, but are not required, to register investments and negotiate a foreign investment agreement with the Ministry of Economy and Development. This guarantees the investor the following privileges under Foreign Investment Law:
1.
Repatriation of foreign capital, less any losses incurred, 3 years after the capital to be repatriated entered the country. 2. Remittance abroad of the net profits generated by the capital registered.
3.
Prompt, adequate and effective compensation in the case of expropriation for reasons of public utility and social interest.
In addition to the benefits listed above, other tax benefits may be individually negotiated depending on the type of business incorporated. Investors who do not register their capital may still make remittances through the parallel market, although law does not guarantee these transactions. The U.S. Embassy is aware of no investor who has encountered remittance difficulties since the inception of the Foreign Investment Law.
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| Living
and Investing in the New Nicaragua |
 |
This book helps you
take advantage of the opportunities Nicaragua has
to offer. |
 |
It gives investment ideas, advise
for starting a business, tips for buying property,
tax savings for foreign residents and much more. |
|
| "Provides solid advice
for foreigners living in any developing nation. Filled
with gems normally not found in the living-in-another-country
genre." -- Jeffrey Van Fleet, The Tico Times,
February 17, 2006 |
| "This VISIONARY work
will help anyone thinking of living or making money in Nicaragua. It promises to become a CLASSIC." -- Nicaraguan
Institute of Tourism |
| "Want
to live or Making Money in Nicaragua? Then READ this
guidebook." -- Central America Weekly |
| "This
guide does a GOOD job of answering the questions
one may have about living in Nicaragua. Business and
investment opportunities are covered thoroughly." -- Network
for Living Abroad |
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