🇳🇮 Nicaragua

Central America
0 residency programs
Territorial taxation
Cayo Crawl, Laguna de Perlas, Nicaragua

Countries / Nicaragua

Known for

Fact Sheet

Continent

Central America

Demonym

Nicaraguan

Calling code

+505

Driving side

Right

Motto

In God We Trust (En Dios Confiamos)
Population
6,217,581
Human development index
0.66
Life expectancy
75 years
Unemployment rate
5%
Inflation rate
3.1%
Fertility rate
2.3

Cost of Life

Cost of Living Index
44.56
Rent Index
7.61
Groceries Index
41.71
Restaurant Price Index
31.41
Local Purchasing Power Index
23.92

Taxation overview

Tax system

Territorial taxation

Countries with a territorial taxation system only levy income tax from local income. Foreign income usually won't be taxed by that country.

Tax Treaties (0)

  • No Double Taxation agreement listed yet.
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