© GrantEagle Communications | Nicaragua Resorts 2008
Investment Opportunities
Nicaragua's Foreign Investment Law #344 provides:
• equal treatment of foreign and domestic investment;
• eliminates restrictions on the way in which foreign capital can enter the country, and
• recognizes the foreign investor's right to own and use property without limitation,
and in the case of a declaration of eminent domain, to receive proper indemnification.
The law makes no distinction between acquisition, merger, takeover, or green-field investment. There are no restrictions in Nicaragua on converting or transferring funds associated with investments. Many transactions are freely and fully conducted in U.S. dollars.
Remittances of investment capital, earnings, loan repayments and lease epayments are freely allowed through the private foreign exchange market operated by local financial institutions.
Ongoing reforms of the judicial system and administrative procedures are expected to continue to improve the business climate and help attract increasing amounts of foreign investment into Nicaragua.
Nicaragua has various incentive laws for priority sectors, such as the Tourism Incentive Law #306, the Renewable Energy Incentive Law #532, Forestry Incentive Law #462, and the Free Trade Zones Law (Decree 46-91), (for all export-oriented sectors).
For more detailed information, visit ProNicaragua, the Nicaraguan Investment Promotion Agency, a not-for-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment at http://www.pronicaragua.org.
Nicaragua's Foreign Investment Law #344 provides:
• equal treatment of foreign and domestic investment;
• eliminates restrictions on the way in which foreign capital can enter the country, and
• recognizes the foreign investor's right to own and use property without limitation,
and in the case of a declaration of eminent domain, to receive proper indemnification.
The law makes no distinction between acquisition, merger, takeover, or green-field investment. There are no restrictions in Nicaragua on converting or transferring funds associated with investments. Many transactions are freely and fully conducted in U.S. dollars.
Remittances of investment capital, earnings, loan repayments and lease epayments are freely allowed through the private foreign exchange market operated by local financial institutions.
Ongoing reforms of the judicial system and administrative procedures are expected to continue to improve the business climate and help attract increasing amounts of foreign investment into Nicaragua.
Nicaragua has various incentive laws for priority sectors, such as the Tourism Incentive Law #306, the Renewable Energy Incentive Law #532, Forestry Incentive Law #462, and the Free Trade Zones Law (Decree 46-91), (for all export-oriented sectors).
For more detailed information, visit ProNicaragua, the Nicaraguan Investment Promotion Agency, a not-for-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment at http://www.pronicaragua.org.
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