Nicaragua
How Nicaragua performs
Tax
On the high side. Taxes here are heavier than in most countries we cover (82nd of 123). Worth taking tax advice before you move. Personal income tax 0% - 30%, corporate tax 30%, VAT 15%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Some concerns. Nicaragua is less peaceful than most countries in the index (84th of 117). Look closely at the area you would live in.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Affordable. Everyday life costs less here than in most countries we cover: Nicaragua is 40th of 118.
Source: Numbeo Cost of Living Index
Education
Weak education. Nicaragua has one of the weakest education systems in the index, 112th of 120. Families will likely need international or private schooling.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 30% |
|---|---|
| Personal income tax | 0% - 30% Applicable tax rate varies based on the amount of income earned and residency status |
| Standard VAT | 15% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 4 years
- Language requirement
- YesBasic proficiency in Spanish language
- Investment Immigration Pathway
- Nicaragua Investor Permanent Residency
- Official language
- Spanish
- Dual citizenship
- Allows dual citizenship
Peru
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Chile
Guatemala