Nicaragua

About Nicaragua Citizenship and Residency

Nicaragua offers citizenship and residency by investment, a citizenship by investment program (CBI) in Nicaragua allows foreign investors to gain second citizenship and a passport to a more democratic and liberal country than their own, in return for financial investment in that country. This is normally made in the form of a charitable donation or a real estate purchase. Once the investment is made, the investor is granted the citizenship and passport of their chosen country in a short time. This program offers two investment options to choose from:

 

• Option 1: Life Citizenship the investor would need to make a US$ 100,000 investment so the Ministry of Foreign Affairs Office can provide us with the naturalization certificate.
• Option 2: Real Estate Purchase the investor would need to purchase Nicaraguan real estate for a minimum value of US$ 50,000.

 

Residency Options in Nicaragua

1. Permanent Residency through the Investor Visa
2. Pensioner visa and Rentista Visa

 

Nicaragua residency by investment offers a tremendous deal for anyone willing to invest US$ 30,000 into the local economy. If you do so, you are entitled to a 5-year permanent residency visa which can lead to citizenship down the line. All you need to do is create a corporation and then invest at least US$ 30,000 in a local business, real estate, or even agricultural or forestry investments. Forestry investments are one of the easiest and quickest ways to get an investor’s visa.

The documents you will need to obtain permanent residency in Nicaragua through investment are the following:

• Investment Registration Certificate issued by the MIFIC.
• A certified copy of the Constitution of the Company or declaration as a merchant registered in the commercial register.
• Copy of the commercial registration of the corresponding Municipality and the DGI.
• Letter of application for registration
• Card single taxpayer registration (RUC) (single copy)
• Investment support documentation (single copy) such as invoices, receipts, deeds of purchase of the real estate, purchase of inputs, vehicle fleet, professional services, office equipment, machinery, and payroll.
• General Power of Administration duly registered
• Limited power of attorney
• Deposit to General Directorate of Immigration for $400.00 per applicant
• Health check
• Police check
• Original passport and photographs
• Birth and marriages certificates

 

Rentista and Pensioner Visa

To obtain a Pensioner visa, you must be at least 45 years old and prove a minimum of US$ 1000 of fixed monthly income.

To obtain a Rentista visa, you must demonstrate at least US$ 1250 of monthly passive investment income such as dividends or rental income.

The documents you need to obtain permanent residency through Rentisa and Pensioner Visa in Nicaragua are the following:

• Birth and marriages certificates
• Health check
• Police background check
• Aanvraagformulier
• Proof of pension (for pensioner visa)
• Proof or passive investment income (for rentista visa)

 

Benefits Of Nicaragua Citizenship and Residency By Investment Program

 

Benefits of Citizenship CBI Program

• Visa-free access to 130 countries
• There is no minimum residency required of an investor during the application process
• Nicaraguan citizenship and passport
• A Nicaraguan Identity Card
• A Nicaraguan Driving License
• A full medical exam and pension plan

 

Benefits of Residency Program

• Low minimum investment amount required
• Pad naar burgerschap
• Minimum physical presence requirement
• Lagere belastingen
• Lagere kosten van levensonderhoud
• Warm climate
• Korte verwerkingstijd

 

 

Nicaragua Residency Requirements And Qualifications

The requirements and qualifications required to obtain Nicaragua citizenship and residency are listed above in the “About Nicaragua Citizenship and Residency” section.

 

Stappen en tijdlijn

Stap 1: Gather all the documents you need.

Stap 2: You have to fulfill visa requirements and send them to Immigration through email. After processing you will be approved and you can take a flight to Nicaragua.

Stap 3: At Nicaragua airport, you can get an on-arrival visa based on the approval you receive through email.

Stap 4: Purchase a property, the investor should ask the owner about the history of the property registry. This allows them to check for possible conflicts of legitimacy, as well as the document ”Free assessment” to determine that the property has no debt.

Stap 5: All documents must be translated into Spanish by an authorized translator as well translated documents need to be attested by the Ministry of Foreign Affairs before submission.

Stap 6: Submit all the documents.

 

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Privacy World can also help you with incorporating your company in Nicaragua, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.

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