You do not need to be a citizen or resident to buy property in Nicaragua. Foreigners
can purchase property, and own corporations, in the country with the same rights as
nationals. Investing $30,000 in real estate projects or the more popular $35,000 into
Nicaragua’s reforestation program will get you permanent residency in around 90
The five-year residencies are still being issued. However, the residency cards
themselves need to be renewed every 6 months. So, this means every six months
you need to make a trip to Immigration in Managua to pick it up. Or notify them if
you’ll be out of country on the site month anniversary date and pick up the card on

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