Give yourself an option by obtaining one of the easiest and affordable residencies in the world through the successful Teak for Residency program in Nicaragua.
You are able to apply for the Investor Residency as long as you invest a minimum of $30,000 US in teak at Gran Pacifica.
Typically, the cost per residency is $200 per applicant and $650 in legal fees per person, for a total of $850/applicant. Dependents can be added for an additional $850 per applicant. Note that this rate may be higher if you are from a “gray country,” as defined by the Nicaragua government. Gray countries include, but are not limited to, Nigeria, Afghanistan, India, Ghana and China.
Dependents are considered the spouse (must have valid marriage certificate) and their children (no older than 18 years old). If your child is older than 18 years old, s/he can apply for residency with his/her own parcel.
Yes, submission of documents must be done in person, and your attorney will submit the documentation for you. You are required to be in Nicaragua for at least 30 days after applying. Residency is typically issued 90 days after applying, but can take longer.
There are no minimum requirements after you receive your residency. However, you must be present in Nicaragua as you’re going through the residency process (see above).
The investor residency is valid for 5 years and is renewable thereafter.
Yes, you can apply for a passport after 5 years of having residency. Please note, amongst other requirements, you will need to take a language (Spanish) test. Also note that Nicaragua does not allow for dual
Complete your details on the right to receive a link to a presentation & overview of the program as well as more important details regarding Teak.