Are foreigners allowed to own property in Nicaragua?
When we asked expats in Nicaragua if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Nicaragua. The Nicaraguan government has established a legal framework that allows foreign citizens to purchase and own real estate in the country. Foreigners can purchase property in their own name, or through a Nicaraguan corporation. In order to purchase property, foreigners must obtain a residency visa, which can be done through the Nicaraguan Immigration Department. Once the residency visa is obtained, foreigners can purchase property in Nicaragua without any restrictions," commented one expat who made the move to Nicaragua.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Are foreigners allowed to own property in Nicaragua?
If you live in Nicaragua, newcomers to Nicaragua would love to hear your answer to this question:
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.