Promote:
Invest in Nicaragua
A short guide for companies expanding into Nicaragua: the economy at a glance, the rules and steps to set up, and who can help, each with its source.
1. Nicaragua at a glance
Population
7.01 million
The World Bank reports a population of 7,007,502 in 2025.
Source: World Bank WDI, Nicaragua population, 2025 (opens in a new tab) · as of 2025
GDP
US$22.2 billion
The World Bank reports GDP of US$22,237,167,113.09 in 2025, in current dollars.
Source: World Bank WDI, Nicaragua GDP, 2025 (opens in a new tab) · as of 2025
GDP per person
US$3,173
The World Bank reports GDP per person of US$3,173.34 in 2025, in current dollars.
Source: World Bank WDI, Nicaragua GDP per person, 2025 (opens in a new tab) · as of 2025
Real GDP growth
4.9%
The World Bank reports real GDP growth of 4.9 percent in 2025.
Source: World Bank WDI, Nicaragua real GDP growth, 2025 (opens in a new tab) · as of 2025
Inflation
4.0%
Consumer prices rose 4.0 percent in the 12 months to July 2026, in the consumer price index that INIDE publishes.
Source: INIDE, consumer price inflation, July 2026 (in Spanish) (opens in a new tab) · as of July 2026
Foreign direct investment inflows
US$1.5 billion
Foreign direct investment inflows were US$1,502.5 million in 2025, from UNCTADstat.
Source: UNCTADstat, foreign direct investment flows, Nicaragua (opens in a new tab) · as of 2025
The currency is the córdoba, which the Banco Central de Nicaragua converts against the United States dollar on its site.
Source: Banco Central de Nicaragua, home page (in Spanish) (opens in a new tab) · as of October 31, 2026
2. Before you set up
The investment agency, any one-stop route, the sectors reserved for nationals and the zones, as the guide found them.
The Secretaría de Promoción de Inversiones y Exportaciones is the technical secretariat of the National Foreign Investment Commission under Ley 1240.
Source: La Gaceta 36, Ley 1240, foreign investments, 2025 (in Spanish) (opens in a new tab) · as of February 24, 2025
No investor one-stop shop was found: Ley 1240 repealed Decree 55-2006, which created the Ventanilla Única de Inversiones, and routes registration through MIFIC.
Source: La Gaceta 36, Ley 1240, foreign investments, 2025 (in Spanish) (opens in a new tab) · as of February 24, 2025
Ley 1240 lists no reserved sectors, so sector laws apply. Check the sector law before you commit capital.
Source: La Gaceta 36, Ley 1240, foreign investments, 2025 (in Spanish) (opens in a new tab) · as of February 24, 2025
The National Free Zones Commission counts 45 industrial parks and 187 user companies in the free zone regime, with data to March 2026.
Source: CNZF, free zone statistics, March 2026 (in Spanish) (opens in a new tab) · as of March 2026
3. Steps to set up
The main steps, in order, each with the body responsible and its official page.
Setting up in Nicaragua
- Register the foreign investment with MIFIC's investment directorate and obtain the RUIE certificate.Ministerio de Fomento, Industria y ComercioOfficial page (opens in a new tab)
Source: La Gaceta 36, Ley 1240, foreign investments, 2025 (in Spanish) (opens in a new tab) · as of February 24, 2025
- Register the company in the property and commercial registry, one of the bodies that serve company formalization under Ley 1240.Registro Público de la Propiedad Inmueble y MercantilOfficial page (opens in a new tab)
Source: La Gaceta 36, Ley 1240, foreign investments, 2025 (in Spanish) (opens in a new tab) · as of February 24, 2025
- Register the company as a taxpayer at the tax directorate's central offices; the commission's page lists the requirements for free zone companies.Dirección General de IngresosOfficial page (opens in a new tab)
Source: Comisión Nacional de Zonas Francas, tax procedures page (in Spanish) (opens in a new tab) · as of October 31, 2026
- For a free zone company, apply to the National Free Zones Commission for admission and an operating permit.Comisión Nacional de Zonas FrancasOfficial page (opens in a new tab)
Source: Comisión Nacional de Zonas Francas, admission request page (in Spanish) (opens in a new tab) · as of October 31, 2026
Show 1 more set-up step
- Apply for work and residence permits for foreign staff at the immigration directorate; free zone companies file with the Commission's endorsement.Dirección General de Migración y ExtranjeríaOfficial page (opens in a new tab)
Source: Comisión Nacional de Zonas Francas, immigration procedures page (in Spanish) (opens in a new tab) · as of October 31, 2026
4. Organizations that help investors
Each card links to the organization’s own site.
Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets
Investment and business setup
- Meet requirements
Free zones regulator
CNZF
Comisión Nacional de Zonas Francas
Regulates the free zone regime, grants operating permits and runs a one-stop window for free zone companies.
Visit CNZF (opens in a new tab)Source: Comisión Nacional de Zonas Francas, about page (in Spanish) (opens in a new tab) · as of October 31, 2026
- Get advice
State free zone operator
CZF
Corporación de Zonas Francas
Owns and runs the Las Mercedes industrial park, a state free zone with a services window for companies there.
Visit CZF (opens in a new tab)Source: Corporación de Zonas Francas, home page (in Spanish) (opens in a new tab) · as of October 31, 2026
Customs and tax
- Meet requirements
Foreign trade single window
VUCEN
Ventanilla Única de Comercio Exterior de Nicaragua
Runs the single window where exporters register, request export permits and obtain certificates of origin and export forms.
Visit VUCEN (opens in a new tab)Source: VUCEN, exports page (in Spanish) (opens in a new tab) · as of October 31, 2026
- Meet requirements
Tax authority
DGI
Dirección General de Ingresos
Registers taxpayers and administers taxes, including for free zone companies.
Visit DGI (opens in a new tab)Source: Comisión Nacional de Zonas Francas, tax procedures page (in Spanish) (opens in a new tab) · as of October 31, 2026
Show 1 more organization
- Meet requirements
Customs authority
DGA
Dirección General de Servicios Aduaneros
Runs customs, where exporters and free zone companies file customs declarations and requests.
Visit DGA (opens in a new tab)Source: Comisión Nacional de Zonas Francas, customs procedures page (in Spanish) (opens in a new tab) · as of October 31, 2026
5. Worth knowing
United States tariffs on Nicaragua
As of October 31, 2026, a 12.5 percent Section 301 tariff applies to products of Nicaragua from July 24, 2026, except annex goods and apparel entered free under CAFTA-DR.
What to do: Check your product against the notice's annexes and your CAFTA-DR claim before you quote a landed price.
Sources: Federal Register, USTR Section 301 forced labor notice, July 2026 (opens in a new tab); Federal Register, USTR notice implementing the Nicaragua tariff, December 2025 (opens in a new tab) · as of October 31, 2026
Phased tariff on non-originating goods
A December 2025 notice taxes goods not originating under CAFTA-DR: 0 percent in 2026, 10 percent from 2027, 15 percent from 2028, on top of the July duty.
What to do: Check your product's CAFTA-DR origin and the July notice's annexes before you quote a 2027 price.
Sources: Federal Register, USTR notice implementing the Nicaragua tariff, December 2025 (opens in a new tab); Federal Register, USTR Section 301 forced labor notice, July 2026 (opens in a new tab) · as of October 31, 2026
Foreign investment registration
Ley 1240 requires every foreign investment to register with MIFIC and obtain the RUIE certificate, which is required to claim incentives.
What to do: Register the investment with MIFIC before you apply for any incentive.
Sources: La Gaceta 36, Ley 1240, foreign investments, 2025 (in Spanish) (opens in a new tab); MIFIC, home page (in Spanish) (opens in a new tab) · as of February 24, 2025
Reserved sectors
As of 2020, per the WTO review, electric power transmission, water supply and sewerage, and airport services are reserved to the State, and border zones face restrictions.
What to do: Check the sector law before you commit capital to a regulated activity.
Source: WTO, Trade Policy Review of Nicaragua, December 2020 (opens in a new tab) · as of December 9, 2020
Show 1 more
Strategic investment approval
Ley 1240 creates the National Foreign Investment Commission, which decides on strategic investments; its 2025 regulation assesses them on amount, jobs and fit with national strategic guidelines.
What to do: Ask MIFIC whether your project is treated as a strategic investment.
Sources: La Gaceta 99, Ley 1240 regulation, June 2025 (in Spanish) (opens in a new tab); La Gaceta 36, Ley 1240, foreign investments, 2025 (in Spanish) (opens in a new tab) · as of June 4, 2025
6. How Promote:Global helps
- Compare Nicaragua with other countriesSet Nicaragua beside other countries on investment momentum, fundamentals and trade access, before site, tax and legal work.
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- Organize your next stepsKeep each product and market in a project, with a roadmap of steps you work through.
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Promote:Nicaragua is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.
Facts read from public sources, with an editorial cut-off of October 31, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.