With the December 2020 numbers now in, statistics from the Central Bank of Bank of Nicaragua (Banco Central de Nicaragua or BCN by its acronym) show that a total of US $ 1.85 Billion (US $1,851.4 million) came into...
Anytime from late December to late March these winds can come and go for a few days at a time, sometimes longer. They can gust for a few seconds at almost hurricane strength and are alternatively referred to as...
In our post entitled “Business in Nicaragua – Seven “Must Know” Organizations” (under Ministerio de Fomento, Industria y Comercio - MIFIC); we touched upon the process for obtaining legal residency in Nicaragua under the Investor Residency, Nicaragua (with a...
Managua - An agreement in principal has been reached and a document signed between Nicaragua and Russia which opens the door for an exchange of information in relation to COVID 19 Vaccinations in Nicaragua to prevent the spread of...
A Covid-19 PCR Test can be obtained in Nicaragua by citizens and visitors who are required to prove they are negative by the country they will be travelling (or returning to).
The testing was first announced in Managua on the...
The latest news on flights to Managua seems to indicate that the passenger demand is there to support more flights to Managua either by Avianca (currently Nicaragua’s sole scheduled carrier) or the prompt return of the other airlines that...
“I am a foreigner thinking of investing in Nicaragua and would like to own the property where I will conduct business. Can I do that as a foreigner?”
The good news is yes...
Anyone doing business in Nicaragua will likely have to deal with one of more of the following government departments:Ministry of Trade, Industry, and Development – MIFIC
(Ministerio de Fomento, Industria y Comercio) www.mific.gob.ni
1) Since 1912, when the National Bank of Nicaragua was founded, the official unit of currency used in Nicaragua has been the Córdoba Oro. It was named after Francisco Hernández de Córdoba, a Spanish Captain and Conquistador...
A new Nicaraguan law that is aimed at homogenizing municipal advertising signage and taxes may have an effect on the countries corner stores (pulperias, distribuidoras and mini supers). The tax on signage could mean an end to...
