Nicaragua

About the Nicaragua passport

Holders of the Nicaragua passport can enter 111 of 199 countries without arranging a visa in advance. The passport currently ranks #38 globally. Holders cover 56% of the world without advance visa arrangements, above the global average for international mobility. That figure breaks down as: 74 require no visa at all, 7 accept an electronic travel authorization, 30 offer visa on arrival.

Tax in Nicaragua

Nicaragua applies a top marginal income tax rate of 30% and a capital gains tax rate of 15%. The country operates a territorial tax regime, taxing only income sourced within Nicaragua, with foreign-sourced income generally exempt. Expats who establish tax residency in Nicaragua and earn the bulk of their income abroad may significantly reduce their overall tax burden under this structure.

Where Nicaragua passport holders can travel