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," remarked another expat in Nicaragua.
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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 InternationalTravel.ai and serves as Co-President of Expat Exchange. Prior to Expat Exchange and InternationalTravel.ai, 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. Connect with Joshua on LinkedIn.
