Expat Health Insurance Cost >> How to pick the best value policy now
At its best, Expat life is incredible. But, it can be extra challenging when things go wrong. And, if you or your family need healthcare, you want to
Your guide to moving to Nicaragua. Nicaragua visas, citizenship and more.
Why Live in Nicaragua?
Cheap, beautiful, relaxing and very safe compared to other Central American countries, Nicaragua might be the ideal place to live. Whether you’re looking for adventure and action or some peace and quiet, or both.
Nicaragua has the lowest crime rate of all countries in Central America and no history of terrorism whatsoever. The political climate has been stable for over thirty years after the dictatorship ended in 1984 and the Sandinista rebels introduced the first free election to the country. Health care has rapidly developed over the past ten years, even to international standards in private hospitals and a tropical climate ensures you stay warm year round. On top of all that Nicaragua is also extremely committed to producing renewable energy and uses its natural resources like strong winds, sunshine and volcanoes.
Tourism has grown dramatically over the past decade, about 10% a year, and it’s clear to see why so many people visit this country. And not just as a tourist destination, because Nicaragua is becoming an increasingly popular place for people of all ages to retire or just slow things down a notch. The cost of living is low so generating an income is not necessary for many people moving to the country, which leaves them with lots of free time to enjoy the beauty they are surrounded with.
Nicaragua Visas and Permits
To find out if you need a tourist visa to visit Nicaragua, please use the VisaHQ tool below.
Long Term Visas
A short-term possibility is leaving the country every three months and entering on a tourist visa, which allows you to stay in the country for 90 days and explore before settling down.
Nicaragua Retirement Visa
If you can prove a monthly income of $600 as well as a monthly income of $150 for each family member and you are over the age of 45, you can apply for a retirement visa in Nicaragua. The government also provides other incentives to attract retirees to Nicaragua including:
-
- No tax on out-of-country earnings,
- Household items worth up to $20,000 can be brought in duty-free
- Sales tax exemptions on items up to $50,000 when constructing a home.
Nicaragua Rentista Income Visa
If you’re not retired and have a private income, you can apply for a ‘rentista’ status. Your monthly income has to be $750 and an additional $150 for every family member.
Family Visas
If your spouse is a citizen of Nicaragua, you are eligible for residency. After 2 years of permanent residence in Nicaragua with your spouse, you can apply for citizenship. Please note that your status of spouse needs to be legally recognised in this country.
Here are some of the ways to get citizenship in Nicaragua
- If you were born in Nicaragua, you are most likely a citizen of Nicaragua.
- If one or both of your parents were citizens of Nicaragua when you were born, you are probably also a citizen Nicaragua.
- If your spouse is a citizen of Nicaragua, you are eligible for residency. After 2 years of permanent residence in Nicaragua with your spouse, you can apply for citizenship. Please note that your status of spouse needs to be legally recognised in this country.
Health Insurance for US citizens living abroad
US Citizens living abroad need private health insurance in case of any illness or injury. Health insurance will not only help you avoid hefty medical
Moving abroad: Your moving abroad checklist
Moving overseas is a new beginning that gives you the chance to follow your dream and live an exciting and life-changing adventure. Thousands of peopl
International moving companies: Everything you need to know
You may know that there are numerous tasks to deal with when planning your move. And, one of the key tasks on the top of your checklist will be findin