How to get Residency in Nicaragua - with my lawyer Eduardo
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- Опубліковано 1 чер 2024
- I sat down with my attorney in Nicaragua Eduardo. He elaborated on the various ways one can obtain residency in beautiful Nicaragua.
🇳🇮 Contact Eduardo and more information on how to get residency in Nicaragua: thewanderinginvestor.com/serv...
🇳🇮 Easy residency by buying Teak: info.ecidevelopment.com/teak-...
00:00 Introduction
00:30 How to get the investor visa residency in Nicaragua
04:25 How to get the retiree or private income visa residency in Nicaragua
07:00 Which dependents can be included in a Nicaragua residency?
08:00 Which document are necessary to apply for residency in Nicaragua?
09:00 Validity time of Nicaraguan ID for residency holders
10:00 Minimum physical presence requirements to maintain residency in Nicaragua
10:55 Who should apply for residency in Nicaragua?
12:30 Who is moving to Nicaragua?
🇳🇮 Eduardo can also help you with real estate law: thewanderinginvestor.com/serv...
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No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.
Thank you, great information
Great residency video. What is the fastest way to get citizenship in Nicaragua?
Thank you. Investment, and then 4 years later you can apply. But they want to see a lot of substance, and the approval can take 1-2 years.
So, if someone invests like $30,000 or more is it eligible to become a Resident?
Can we invest in Real Estate and Rent it out and keep the savings in the local Bank 🏦 and pay Taxes?
Real estate does not qualify. Details here: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-nicaragua/
Interesting, so what about the 2 year run for citizenship? Does it still apply with the 30K investment process? What kinds of government projects can one apply? Do they offer you that or do you have to create your own business?
This 2 year path to citizenship in Nicaragua is very specific. It's more of a citizenship by exception. Mostly fake news online about it.
how about buying/investing in property or bank deposit in Nicaragua?
No, unfortunately this does not qualify for residency.
So, can i just buy land and plant my own teak plantation and get residency?
No. Because there needs to be people you employ, pay social security, etc. These teak programs are structured this way.
But nice try 😅
@@TheWanderingInvestor so...i would employ someone to take care of plantation. My final goal is not to just obtain residency, but set up sustainable regenerative agricultural project
@@HTbdoo Yes. This should work. Speak to Eduardo. He can help you set up the right legal structure and with the application.
We need to do investment to teak. But Nicaragua still grant Permanent residence, right? (It is really important to me.)
And also, does Nicaraguan hate 1st world country citizens? I am South Korean so I am worried that because of they are close with North Korea.
Yes. It’s permanent residency but you must nevertheless renew your card every 6 months.
You won’t have any issues as a South Korean.
How much I need to stay for citizenship after I get Nicaragua residency by investment? Someone say two years and the other say four year.
@@maruma2013 4 years. The 2 year thing is misinformation online and just for people that do something “exceptional for Nicaraguan culture.”
Speak to the Teak people. They can explain everything about the residency process.
I am from united states. Can i buy a house and then get citizenship in Nicaragua?
The one does not lead to the other.
@@TheWanderingInvestor What are my options to own a house and being able to live there?
@@raindrop3250 thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-nicaragua/
Yo salí de Nicaragua cuando tenía 10 años como puedo tener mi residencia de nuevo 😂 tengo 19
So I follow your channel regularly.... I think you should know the people you have representing you have been horrible! Your guy from Mexico, Sergei, refuses to answer emails (very rude and unprofessional)..... Your people from Panama, grossly charged much more than what was presented in your video..... This is your brand - do you have anyone who represents your brand with professionalism besides yourself and the guy in Montenegro?
Sergei: Your emails probably landed in spam. Send me an email and I can follow up.
Panama: I never mentioned precise pricing in my Panama videos. Immigration to Panama is not “cheap”.
@@TheWanderingInvestor So, my apologies regarding my comment about Panama and pricing. You did mention pricing; however, it was not nexus to the product you were advertising. With Sergei, if he received my first email and responded, why would my second email go to spam? No one said immigration is cheap - in fact, I have mentioned this is one of the least expensive options (I think) available. Looking over the email correspondence with your Panama team, I was given multiple pricing points. I guess it's not your responsibility whether these people respond to emails. If business is really going that well, it's not relevant to check all avenues of incoming correspondence...
@@kwannp6141 Shoot me an email if you don’t mind. I’d like to investigate and follow up. Bad service is not acceptable. Thank you.
@@TheWanderingInvestorGood answer. Vet your contacts before referring to people; otherwise you will lose your credibility unfortunately. There are always more professionals to choose from in all these countries. People need to do their own homework and shop around.
@@TheWanderingInvestor
Actually, the price for the immigrations process to through a lawyer is set by the government. The fee structure is not expensive although many lawyers can charge more although they should not and there are lawyers who are competent who do not. I know this for a fact, as I have gone through the process successfully in Panama.
The requirement to renew one's residency card is a major drawback. The govt started this rule during Covid. They sent people out to check on the welfare of foreigners resident in the country and were shocked to discover that a large portion of them were not at the addresses listed on their residency cards. So they instituted this draconian rule. The talk at the time was that it was a kneejerk overreaction and would be cancelled after a while. But three years have now passed and the rule is still in place.
Yes. Very unfortunate.
Yes! This is one of the reasons we chose to move on from Nicaragua. Feels like shaky ground when you have to renew your cedula every 6 months - also what if they keep increasing the price to renew?
renew every 6 months?! Hell NO!!! Mexico and Panama are way way way better than Nica. No gracias! I won't take it even for free!
In Mexico only for the first year, then for 3 years, then PR for the whole life. No expiration date on the PR card.
FAFO