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Nicaragua Tax & Retirement Incentives


Property tax is levied at a flat rate of 1%.

Nicaraguan Law Defines Gross Income as The Total Income and Profits Earned in The Country During the Taxable Year.

For rental income, 70% of the gross rent is taxable (30% of the gross rent can be deducted)

Incentives/Advantages to Foreign Investors Include:


Under Decree No. 628, the “Law of Resident Pensioners and Retirees,” some of the requirements for Nicaragua’s retiree incentive program include:


Be over 45 years old

Have a monthly income of at least $400 or the equivalent in another currency (add additional $100 for each dependent family member living with you in Nicaragua)

Benefits (mostly in form of tax incentives):

Based upon retiree benefits offered to in the 1980s in Costa Rica.

As a foreign retiree, you:

Pay no taxes on any out-of-country earnings

Can bring into Nicaragua up to $10,000 of household goods for your own home, duty-free

Can import one automobile for personal or general use duty- and tariff-free, and sell it after 5 years, tax-free

Can import an additional vehicle every 5 years under the same duty exemptions


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