Sunday, May 19, 2024

Regulatory

Regulatory

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...

Nicaraguan Residency Renewals – income “Grandfathered In”

I was recently asked about the new income requirements under Nicaraguan residency for Pensionado and Rentista categories and whether or not residency renewals were...

Online Appointment Registration – Immigration Nicaragua

The General Directorate of Migration and Foreigners in Managua will be introducing an online appointment registration system for all of its locations aimed at...

Vapors – Customs in Nicaragua will seize E Cigarettes

Nicaragua Customs (Aduanas in Spanish), through its Technical Circular CT/116/2022 has announced that it will seize electronic devices, as well as any related devices...

Residency Card Revalidation at Migración y Extranjería

This article is in response to questions and concerns regarding residency card revalidation under the new Migración y Extranjería requirement limiting the validity of...

Do You Own a Corporation in Nicaragua? (Important Changes)

By way of a reminder, the National Registry Office “Final Beneficiary Registry” system is now live and the process of registering what is known...

Christmas Bonus – Aguinaldo and the Labor Code of Nicaragua

The announcement that state workers will receive their Aguinaldo early (on the 17th of November 2021) has brought forward the subject of the Christmas...

Minimum Wage 2024 Consensus Reached: 10.1% Increase

This year’s minimum wage discussions went down to the wire and it needed the extra Leap Year day this February to get the result. However,...

Aguinaldo or Thirteenth Month (Christmas Bonus)

In Nicaragua the Aguinaldo (Christmas Bonus) is colloquially known as “The Thirteenth Month” and is a mandated extra month’s salary paid to the employee...

Real Estate Brokers in Nicaragua – Law under Review

The existing and comprehensive Law 602 on Real Estate Brokers in Nicaragua "Ley de Correduría de Bienes Raíces de Nicaragua" has been re-written, updated...