With the exception of property located on the borders, there are no restrictions on foreigners owning property Nicaragua.
Law 344 establishes equal treatment of foreign and domestic investment; eliminates restrictions on the way in which foreign capital can enter the country; and recognizes a foreign investor's right to own and use property without limitation. In addition there are no restrictions on foreigners running businesses in Nicaragua.
For more on the legal aspects of purchasing property, click here for an interview with Sergio Corrales, real estate attorney with over a decade of experience in the Nicaragua property market. The interview is part of our Insider Tips Series for Nicaragua Real Estate investors.