LATAM : Foreign Investors Survey 2017 ttitude Consulting
NICARAGUA
Greater Attractions
High levels of public safety , young and skilled workforce , benefits obtained by the free trade agreements , tax incentives , competitive operating costs , abundant natural resources , high levels of quality of life and legal guarantees .
Political Risks ?
Despite the complex political climate , stable business climate and the economic system are constantly growing , which promotes dialogue between the public and private sector .
Adequate Labor Laws ?
Attractive : clear legal framework defining the rights and obligations of both parties .
Adequate Transparency and Corruption Framework ?
Comprehensive legal framework : Nicaragua Penal Code , the Law of Probity of Public Servants , Law on Government Procurement and the Law of Administrative Municipal Contracting .
Suitable Fiscal Framework for Foreign Investment ?
Yes . Tax incentives for special dietary uses and export sectors , export processing zones , tourism , mining and forestry . Exonerations : VAT on exports of domestically produced goods or services abroad ; export tax ; ISR ; municipal taxes ; import taxes for households of home .
Proper Framework for Promotion and Mutual Investment Protection ?
Yes . Signed 19 agreements for the promotion and reciprocal protection of investments , and multiple free trade agreements , preferential access agreements and negotiating treaties with the US , China , Europe and Asia . Member of international arbitration centers on investment : ICSID , MIGA and OPIC .
Advantages of Your country over Others in the Zone
Low production costs , good workmanship . Law on Foreign Investment Promotion : Free expatriation of capital , no min . or max . investment amount , local funding possible , free possession of a privately owned property , foreign investors are not discriminated against . Tax incentives in free zones , tourism , mining and forestry .
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