Business
Doing Business in Nicaragua
Ambassador Phyllis M. Powers
Bio
With its growing economy and membership in the Central American-Dominican Republic Free Trade Agreement (CAFTA-DR), Nicaragua offers many opportunities to the informed investor. The U.S. Embassy in Managua looks forward to supporting U.S. firms as they seek business, trade and investment opportunities in Nicaragua’s economy.
As with any new environment, before beginning business in Nicaragua, interested parties should conduct serious research, particularly when considering purchasing property. The links below will start you on the road to getting to know Nicaragua, and the Embassy’s officers are available to assist with further enquiries.
Business Links
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Buying Property in Nicaragua
Before purchasing property in Nicaragua, there are a few precautions to consider. It is essential to conduct in-depth due diligence. Further information can be found in the Embassy’s Due Diligence Advisory and through the Embassy’s Property Office.
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Country Commercial Guide
The Country Commercial Guide, updated yearly, presents a comprehensive overview of the commercial environment in Nicaragua. Sections include the Investment Climate Statement and an analysis of Leading Sectors for U.S. Export and Investment.
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Commercial Services
Working with the Department of Commerce’s Foreign Commercial Service, the U.S. Embassy in Managua is able to provide certain Commercial Services to interested U.S. entities.
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Information for U.S. Agricultural Exporters
The Embassy's Office of Agricultural Affairs offers a variety of services to U.S. companies to facilitate U.S. agricultural trade with Nicaragua.
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Doing Business in Nicaragua
A report by the World Bank on the Ease of Doing Business in Nicaragua:
http://www.doingbusiness.org/data/exploreeconomies/nicaragua. -
Free Trade Agreement
The Dominican Republic - Central America Free Trade Agreement (CAFTA-DR), which came into effect in 2006, has created many valuable opportunities for U.S. exporters, importers and investors. Further information on CAFTA_DR can be found on the Embassy’s Economic and Commercial Section, as well as through the FTA Tariff Tool which allows users to see how individual products are treated under CAFTA-DR.
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Top Economic Statistics for Nicaragua
This World Fact Book report covers all of Nicaragua’s key economic indicators.
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Visiting Nicaragua
For information on visiting Nicaragua, please visit the Embassy’s website, Traveling in Nicaragua section.
Travel Advisories
Make sure to check the current State Department Travel Warnings. More information can also be found on through the Embassy’s Messages for U.S. Citizens, and Emergency Messages for U.S. Citizens. -
FCPA
The Foreign Corrupt Practices Act (FCPA) is an important anti-corruption tool designed to discourage corrupt business practices in favor of free and fair markets. The FCPA prohibits promising, offering, giving or authorizing giving anything of value to a foreign government official where the purpose is to obtain or retain business. These prohibitions apply to U.S. persons, both individuals and companies, and companies that are listed on U.S. exchanges. The statute also requires companies publicly traded in the U.S. to keep accurate books and records and implement appropriate internal controls.
For More information on the FCPA, please visit its website.
A party to a transaction seeking to know whether a proposed course of conduct would violate the FCPA can take advantage of the opinion procedure established by the statue. Within 30 days of receiving a description of a proposed course of conduct in writing, the Attorney General will provide the party with a written opinion on whether the proposed conduct would violate the FCPA. Not only do opinions provide the requesting party with a rebuttable presumption that the conduct does not violate the FCPA, but DOJ publishes past opinions which can provide guidance for other companies facing similar situations.
More information on the DOJ opinion procedure can be found on this document
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Highlights
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La Sección Comercial de la Embajada de los Estados Unidos en Managua le invita a participar en la feria comercial:
¡Gráficas de las Américas (GOA) celebra su 38 aniversario! Esta es una de las exhibiciones anuales y eventos educativos más grande de la industria de la impresión en los EE.UU.
Exposición y conferencia • 21 - 23 de Febrero de 2013
Orange County Convention Center, Orlando, Florida
• Descargar brochure
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La Sección Comercial de la Embajada de los Estados Unidos en Managua, lo invita a participar en la:
FERIA DE FERRETERIA
• NATIONAL HARDWARE SHOW
• Fecha de Exhibición: 7 - 9 de mayo de 2013
• Las Vegas, Nevada
Contact Us
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- Embassy Telephone: +(505) 2252-7100
Embassy Fax: +(505) 2252-7250
E-mail: ManaguaEcon@state.gov - Counselor, Economic and Commercial Affairs
Gary A. Clements - Economic /Commercial Officer
Mary Swartz - Commercial Specialist
Marixell Garcia - Agricultural Specialist
Jimmy Bolaños
AgManagua@fas.usda.gov - Property Office
managuapropoffice@state.gov
- Embassy Telephone: +(505) 2252-7100