Nicaragua » Tourism

Tourism arrivals to Nicaragua have improved 600% since 1997. Analysts' project that by 2007 there will be more than one million visitors to the country. The country's tourism business is taking off too. Cruise ships are regularly docking at San Juan del Sur. And the country has opened its first-ever tourist office in the United States, on the streets of downtown Miami. The office will operate a toll-free number for the U.S. and Canada with a goal of attracting 500,000 tourists to Nicaragua by year's end.

Tourism Incentives Law 206 promotes the growth of tourist activities by providing tax breaks for investments in Hotel services industry, Food, beverage and entertainment services, Tourism infrastructure and Arts and craft facilities. Already, over 65 projects have been approved, under this law, value US$65 million.