InvestInNicaragua.com - Reasons to Invest in Nicaragua ...


Patrocinador
<script language=JavaScript src=http://www.webenterprises.net/banners/abm.asp?z=23></script>
General Information from Nicaragua Consulates from Nicaragua around the World Nicaraguan-American Chamber of Commerce of California Nicaraguan Tourist Video (in Windows Media)

9 Reasons To Invest In NICARAGUA

1. APPROPRIATE LEGAL FRAMEWORK FOR INVESTMENTS

The right to repatriate 100% of profits.
The right to repatriate 100% of the invested capital, after the first three years.
Free market economy.
Right to unlimited foreign investment participation in capital investments including the right to 100% foreign ownership in most industries.
Access to the incentives granted by the Law, according to economic activity.

2. EXCELLENT MACROECONOMICS ACHIEVEMENTS

Highest economic growth (GDP) of the Central America region (5.5% in 1996.)
Second lowest inflation rate in Central America ( 10.8% in 1996).
Export growth at a 33% annual rate during the period 1993-1996.
Progressive growth of private investment with a 10% average annual rate during the period 1994-1996.
Significant growth of the internal savings rate.
Private banking holds 70% of total deposits.

3. COMPETITIVE ACCESS TO INTERNATIONAL MARKETS

Central American Common Market.
Central American Integration Treaty (CA-4):
1. Free movement of capital, services and labor.
2. Modern legal framework to expedite commerce in the region.
3. Free Trade Agreement.
4. Access to 27 million consumers.

Free Trade Agreements with Dominican Republic and Mexico:
1. Preferential access to over 140 million consumers.
Preferential treatment (SGP) with the United States, European Union and Canada:
1. Preferential access to over 500 million consumers.
2. There are no quotas for the textile industry.

4. QUALIFIED AND COMPETITIVE LABOR FORCE

65% of the population is younger than 25 years of age.
Average cost of labor is US$0.67/hour, including social benefits.
An educational system made up of national and foreign universities, which have contributed to the creation of a very efficient labor force.
The majority of professionals can work in several languages: English, French, German, Portuguese, Russian and Italian.
Literacy rate of 85%.
Free hiring of foreign professionals at the administrative level.

5. BILATERAL AND PLURILATERAL AGREEMENTS WHICH FACILITATE INVESTMENT AND ACCELERATE COMMERCIAL DEVELOPMENT

Free Trade Agreement with Mexico.
Free Trade Agreement of the Americas.
Bilateral agreements for the reciprocal promotion and protection of investments, signed with: Taiwan-Republic of China, Spain, United States, Denmark and Germany.
In the process of negotiation with: Netherlands, United Kingdom of Great Britain and Northern Ireland, Switzerland, South Korea, Ecuador, the Russian Federation, Bulgaria and Chile.

6. THE COUNTRY WITH THE LARGEST NATURAL RESOURCES OF THE CENTRAL AMERICAN REGION

3.6 million hectares with agricultural potential, of which, at present, less than 20 percent are being cultivated.
1.3 million hectares with potential of livestock production.
The most fertile land of the region, with excellent volcanic loam soils and with great water reserves for irrigation.
The lowest cost of land in Central America.
It has 8 gold and silver mines, which in the 70s produced US$150 million.
60% of the total area of the national territory (60,000 square kilometers) is forest.
It has the greatest diversity of forestry species in the Central American region.
The Caribbean maritime shelf with 551 kilometers of expanse, is the richest of Central America.
The Pacific has 410 kilometers with similar attributes and with a potential of 39,000 hectares ( 1hectare = 2.47 acres ) for shrimp farming, equivalent to one-third of the Central American and Panama potential.
It has 10,338 of continental waters and 7,365 kilometers of water stemming from rivers. These conditions allow Nicaragua to be the ideal country for Tilapia and Carp farming.
The Great Lake of Nicaragua has an exploitable biomass of 50,000 tons per year, with permission to catch 8,000 tons per year.
Highly diversified tourism potential.

7. NICARAGUA’S GEOGRAPHIC ADVANTAGES

Nicaragua is located in the heart of American Continent which allows:
1. Quick access to large markets such as NAFTA and MERCOSUR.
2. Contact with Miami, Houston and New Orleans in three hours by air.
3. Contact with any maritime port n the Gulf area and Miami in four navigable days.
4. Access to the country by both Oceans.

8. CONSOLIDATION OF DEMOCRACY

The Political Constitution of Nicaragua does not discriminate against foreigners.
Decentralization and privatization of state firms.
The Nicaraguan political system has demonstrated a great capacity to reform.
The centralization of state power was replaced by elective democracy.
The President is elected for a five-years period, which allows the implementation of long-term policies.

9. PROGRESSIVE DEVELOPMENT OF THE INFRASTRUCTURE

Telecommunications: In 1997, the privatization of the Nicaraguan Telecommunications Company is programmed through international bidding.
Energy: The energy sector is open to private participation for the generation of energy.
Highway system: Extension of the country’s road network can be executed by the private sector through public bidding.
Isthmus rail link ("Canal Seco" ) planned, connecting Caribbean and Pacific port facilities with high speed containerized railroad network.

E-mail: info@InvestInNicaragua.com