Nicaragua has the most modern and encouraging fiscal incentive law for investments in the tourism industry. It basically helps the investor with significant savings in the initial investment (construction costs, import taxes, sales tax etc) as well as huge incremental gains with income tax and property tax exemptions.
You can build your hotel with savings up to 25% in imports or 15% on local construction material purchases! And later you could start saving up to 100% of your Income Tax! and your property tax ! No where in the world you will find this combination at the present moment. And if you add to this a constant growth in tourism arrivals in the past years of an average of 15%, just make your numbers on the returns you can be looking when investing right in Nicaragua.
Many lucrative activities are benefited by the law, like, hotels, Bed & Breakfasts, restaurants, marinas, golf courses, convention centers, transportation in all forms and even arts & crafts. Some investment requirements and regulations apply.
There are other laws that will help you protect your investments in Nicaragua supported by a steady and firm democratic and peaceful development for the past 15 years.
Since the Law was enacted in 1999, more than 300 million dollars in projects have been approved by the Tourism Institute.
Title Insurance is available in Nicaragua, as well as OPIC Insurance programs for Financing, Risk Insurance and Investment Funds.
Other opportunities !
There are other locations and incredible opportunities in tourism and other economic areas in Nicaragua like the Tourism Investment Bonds, be sure you register your name and email address to be included in our News bulletin appearing on its fourth issue on November 2005. You can see our last edition on our web site www.rcalvet.com
Nicaragua also offers other areas of opportunity like Free Zone, energy production, call centers, etc. You can see more at the Official Investment web site www.pronicaragua.com
Need some ideas? you can consider as well:
Hotels, lodges, Bed & Breakfasts, Restaurants, Sports Fishing and tours, Rafting, Kayacking, Time Share Condos, Transportation, Real Estate, residential communities, retirement communities, etc.
