Investment Visa

Member since 18 January 2017

vanessachantMember18 January 2017 05:18:55

Hi,
We are an Australian couple that have traveled extensively and have fallen in love with Nicaragua, we have found a property in Las Penitas near Leon that we would love to buy and follow our dream of opening a guest house/hostel. We have been trying to find out more about an investment visa and how possible it is to move to Nicaragua. Does any body know any information about how to start the process of moving to Nicaragua, we had heard that they offer a visa if you invest into the tourism sector but can't find much more details. Any contact information for people who help in this would be greatly appreciated. Vanessa and Alex!

See also

Living in Nicaragua: the expat guide - Guide
USA rules making investment advice difficult to live in Nica - 9 Replies
visa type - 2 Replies
Exit Visa for one year for Residents - 3 Replies
Need help emergency - 4 Replies
retiring in nicaragua - 7 Replies
visa type - 2 Replies

Dakotaraguense Member

Member since 12 January 2017

DakotaraguenseMember20 January 2017 18:23:58

Hi. Do you mean residency as an investor? I've been doing a lot of "googling" for when it's my turn to get residency and eventually citizenship. Here are some links with general info about the kinds of residencies you can obtain in Nicaragua

https://internationalliving.com/countri … formation/http://www.nicaragua-community.com/gett … nicaragua/

(This link seems to have a nice chunk of info) http://www.transitionsabroad.com/listin … agua.shtml

There's a lot of running around for getting documents and then getting them an apostille and THEN getting them authenticated at the nearest Nica Consulate AND THEN get those docs translated in Spanish. While it certainly won't be a walk in the park it isn't impossible either. Just will need to make sure you have all the docs that you need and take the time to get the right person to stamp them etc. I hope these links are as informational for you as they have been for me.

Good luck on your endeavor!

Salsera Serial expat

Member since 10 June 2010

SalseraSerial expat15 August 2017 16:35:34

509

To get an investor's visa, you must invest min. 30,000$. You have to present your project with various papers to the MIFIC (Ministry), they will visit your location and then establish an official document which you use - among others - to submit to la Migracion for residency. As an investor you can directly apply for 5 years.

There is a special Law to encourage investments in tourism, you will not pay any taxes during ??? years.

Migracion:
https://www.migob.gob.ni/migracion/tram … ermanente/

Investment options:
http://pronicaragua.gob.ni/en/

The Law:
http://nicaraguaturismoeinversion.com/m … ntive-law/

But I advise you to do your own good research: Visit Nicaragua and the region where you want to invest, talk with investors/hostal/hotel and restaurant owners and tourists!

Almost everybody who invests in Nicaragua, invests in tourism - and many businesses are closed down after a few years.