Attractive place to investNicaragua is now an attractive place to invest
Since1990 Nicaragua has seen four peaceful government transitions, but isstill largely misconceived as an unsafe place due to the very public andgraphic nature of the civil war including the public murder of a USnews reporter and the fact that the communists won the war and there hasnot been insurrection since. Current conditions would describeinvestor’s misconceptions as completely false as Nicaragua is now one ofthe safest emerging markets to invest in. Communist rule fell in 1990and since that time have slowly adopted policies in the country aimed atattracting foreign investment. Nicaraguans have realized that withoutforeign investment to help rebuild their country, it will never becomethe place of manicured front lawns and paved roads that 1930 - 50’sproduced in Nicaragua.
Some key investing facts in Nicaragua… - Investors have the same rights as private citizens,
- Right to ownership
- Convertible currency
- Freedom to expatriate all capital and profits
- Fair mining tax regime
- 3% NSR
- 30% net profits
- Special tax laws which give incentives which allows any investment with an industrial focus and is export oriented to operate without taxes in Nicaragua for 10 years and can be renewed for another 5 years.
- Fair mediation system to bypass potential corrupt judicial system that uses private mediation run by international renowned companies that appoint impartial judges for mediation which gives investors much more assuredness of objectivity
- Companies doing business in Nicaragua include… Kraft, WalMart, Target, Pizza Hut and Gap