Nicaragua » Taxes

 

 

 

 

 

Real Estate Tax	Property Tax	Income tax	Capital Gains Tax

Real Estate Tax

Real estate taxes are 1% of value of the property and are paid to the Municipal Government. Farmland of up to 30 manzanas (42.6 hectares) is exempted from real estate taxes.

Property Tax

Property taxes are 1.5%, paid on the assessed value of the property. Transfer tax on real estate transfers stand at 1%

Income Tax

As a foreign retiree, you pay no taxes on out of country earnings. Any income originating from within Nicaragua is taxed at a flat 15%.

Capital Gains Tax

For most people, its rate is currently 30% for an elapsed time between purchase and sale of more than one year, and your normal tax rate for an elapsed time of 1 year or less. Capital Gains can be for any asset, common assets are stocks, bonds, or real estate.