Nicaragua Land Rights

Both foreigners and Nicaraguan nationals share the same rights when it comes to owning Nicaragua land. When you purchase Nicaragua property, you can hold the title in one of three ways:

• In your own name – the most simple and straight forward, requiring only that you are present for the property closing, or that someone in Nicaragua has a Power of Attorney in place to represent you at the time of closing and/or when you sell your property.



• In the name of a Nicaraguan corporation – this may be the best option if you are purchasing Nicaragua real estate with other investors. Nicaraguan corporations require a minimum of two shareholders, and both must be present for the property closing and/or sale unless Power of Attorneys in place for each shareholder. Holding property in the name of a Nicaraguan corporation will require ongoing reporting to the Nicaraguan tax authority since it is a Nicaraguan entity.



• In the name of a foreign corporation – this is the least common practice for holding property title in Nicaragua unless it is a large tract of land to be developed by a corporation. Many additional requirements apply to this scenario, which can be explained to you during your visit to Nicaragua.

These three options apply to both fee simple/free hold and lease hold properties.