Law for the Promotion of Foreign Investment (Law No. 344)
The main legislation that governs foreign investment consists of Law No. 344 for the Promotion of Foreign Investments and its bylaws, as well as other sector-specific laws that provide incentives for investment.
Law No. 344 provides: a) equal treatment of foreign and domestic investment; b) eliminates restrictions [...]
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The impact of the financial crisis on Nicaragua has been steep and deep. They do not have a "bailout" program. Any business, any developer, or any individual who was not operating with integrity or financial stability became exposed to the elements. The Pelican Eyes resort in San Juan Del Sur is a prime example [...]
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An inspiring article from Forbes on Carlos Pellas Chamorro and the empire that has been built by he and his family over the past 100 years.
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I came across this great story today about a couple of families from Jacksonville Florida that used their savings and bought a piece of land 3 years ago in Nicaragua, started a business called The Surf Sanctuary, and have been living the ‘coastal dream’ every since. How did they do it? According to the [...]
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Growing up in Canada under a socialized health care system and now residing in the United states under a system with private insurance companies, I can see the pros and cons of each system. Neither is perfect and like most systems there is always room for improvement.
However, one misconception held by many US [...]
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I came across a really good article this week in the Financial Post about Markus Raty, a former investment bank researcher from Toronto who started up a cigar import business from Nicaragua. A great read for anyone interested in, or already doing business in Latin America. Being in that category, of course I [...]
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