Nicaragua, the largest nation in Central America, is located in the heart of the isthmus between North and South America. The country is bordered by Honduras to the North and Costa Rica to the South, the Pacific Ocean to the West and the Caribbean to the East. It is a land of dazzling natural beauty, hospitable people, rich cultural traditions, and abundant investment opportunities.
The Nicaraguan workforce is young and dynamic, as 77 percent of the population is under the age of 39 and the labor force, comprised of 3.2 million people, is known to be flexible and highly productive, with good working habits and fast learning skills.
The legal framework for investment in Nicaragua possesses a unique harmony. On one hand, Nicaragua has the Civil and Commercial Codes, pillars of the country’s investment legislation, established in the early nineteenth century.
Preferential agreements have become an important component of trade liberalization in Nicaragua, which is why the country continues to seek opportunities to ensure its successful integration into international trade and the global economy.
Before setting up operations in a country, all companies must undertake a very important research and evaluation process, in which operation costs represent an influential role in the final result. The main legislation that governs foreign investment consists of the Foreign Investment Promotion Law and its bylaws, as well as other sector-specific laws that provide incentives for investment. Nicaragua has managed to improve the business climate through successful interventions in the simplification of procedures in the State apparatus.
Nicaragua is not only a country with great business opportunities, but also a very nice place to live. It has an impressive natural beauty, pleasant climate, rich culture and above all, hospitable and joyful people that welcome visitors with open arms.
For a complete look at why Nicaragua should be on your list of places to invest, view our videos page and then visit the website PRONICARAGUA at www.pronicaragua.org