Nica Biz
Minimum Wage Up 10% – Wage Commission Agreement
Alba Luz Torres (Minister of Labor) has announced that a consensus was reached today in the triparty minimum wage negotiations and as a result...
Minimum Wage Talks Progressing
The third round of minimum wage talks were held last week. To date, no less than five different proposals are on the table and...
Nicaraguan Bank Accounts Switch to IBAN Format
Anyone with a Nicaraguan bank account (saving or checking) may have noticed a change in the way their accounts numbers are displayed.
On the 25th...
Bringing Cameras to Nicaragua – New Customs Circular
The General Directorate of Customs Services has published a Technical Circular on their official web site under the memorandum heading “Binoculars and Photographic or...
Córdoba to US Dollar “Slip Rate” 1% as of Feb. 1,...
The Board of Directors of the Central Bank of Nicaragua (Banco Central de Nicaragua or BCN) has announced that the sliding exchange rate (aka;...
Minimum Wage Commission – 2023 Review
It’s time once again for Nicaragua's Minimum Wage Commission to hold its usual minimum wage review in anticipation of any increase being voted on...
Nicaragua Entry Requirements – Immigration 2023
There are two separate categories of Nicaragua Entry Requirements listed by the Ministerio de Gobernación (MIGOB) also known as the Ministry of the Interior,...
Online Application for Entry to Nicaragua – Clarification
The Ministry of the Interior of Nicaragua, MIGOB (akin to the State Department), has updated the front page of their web site. The “Procedure...
Tax Increase on Alcohol and Tobacco January 1st 2023
If cutting down or quitting drinking and smoking don’t feature on your list of “News Year’s Resolutions”, then the Minister of Finance and Public...
Holiday Hours for Nicaragua Immigration and CR Border
On Wednesday December 22nd, 2022, the Directorate of Migration and Foreigners Christmas and New Year Holiday hours for Nicaragua Immigration (horarios de atención) were...