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      Vancouver, British Columbia V6C 3H1

      Tel. (877) 256-3754

      Email: support@immigration-club.info
 
15.05.03
Special offer

For Asian, Middle East and other applicants with poor visa-free travel opportunity       wishing to live and work in Europe:
easy immigration and relocation in Switzerland. 
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24.03.04
Special offer
For citizens with poor visa-free travel opportunity wishing to reside in European Union.
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Nicaragua Through History. Economy Overview.

 

 

  THROUGHOUT ITS HISTORY,   Nicaragua has suffered from political   instability, civil war, poverty, foreign   intervention, and natural disasters.   Governments since colonial times   have been unable to bring stability   and sustainable economic growth.   Personal and foreign special   interests have generally prevailed   over the national interests, and   foreign intervention in Nicaraguan   political and economic affairs,   especially by the United States, has   resulted in various forms of populist   and nationalist reactions. The legacy   of the past can be seen today in the   attitudes toward foreign influence.   Although the upper and middle   classes tend to emulate North   American life-styles and be   supportive of United States policies,   the Nicaraguan poor are highly   suspicious of the culture and political   intentions of the United States.

  

  Since precolonial times, Nicaragua's   fertile Pacific coast has attracted   settlers, thus concentrating most of   the population in the western part of   the country. The Caribbean coast,   because of its proximity to the West   Indies, historically has been the site   of foreign intervention and non-  Hispanic immigration from black and   indigenous groups from the   Caribbean and from British settlers   and pirates. 

  

  During most of the twentieth century,   Nicaragua has suffered under   dictatorial regimes. From the mid-  1930s until 1979, the Somoza family   controlled the government, the   military, and an ever expanding   sector of the Nicaraguan economy.   On July 19, 1979, Somoza rule   came to an end after the triumph of   an insurrection movement led by the   Sandinista National Liberation Front   (Frente Sandinista de Liberacion   Nacional--FSLN). However, the   predominance of the FSLN led to the   development of a different kind of   authoritarian regime that lasted for   more than a decade. During the   1980s, Nicaragua was the center of   Cold War confrontation in the   Western Hemisphere, with   the former Soviet Union and Cuba   providing assistance to the   Sandinista government, and the   United States supporting anti-  government forces. 

  A regional peace initiative brought   an end to civil war in the late   1980s.  The Sandinistas lost in the   1990 elections, and a new   government headed by President   Violeta Barrios de Chamorro was   installed in April 1990.

 

  Economy.

  Nicaragua, one of the hemisphere's   poorest countries, faces low per   capita income, flagging socio-  economic indicators, and huge   external debt. Distribution of income   is one of the most unequal on the   globe. While the country has made   progress toward macroeconomic   stability over the past few years, a   banking crisis and scandal has   shaken the economy. Nicaragua will   continue to be dependent on   international aid and debt relief under   the Heavily Indebted Poor Countries   (HIPC) initiative. Donors have made   aid conditional on the openness of   government financial operation,   poverty alleviation, and human rights.   Nicaragua met the conditions for   additional debt service relief in   December 2000. Growth should   move up moderately in 2003   because of increased private   investment and exports.

 

Nicaragua Immigration and Naturalization. Background and Legal Considerations.

 

  

  Citizenship opportunities.
  Nicaragua is very popular for applying for   second citizenship, as Nicaraguan   passport, as well as all other Caribbean   countries, enables visa-free travel to 115+   countries, including all EU member   states, Asia, Africa, South America   (Canada and USA are easy visa for   Nicaraguan passport holder).

 

  Nicaragua citizenship by naturalization   requires minimum contribution for a sole   applicant – US$40,000. There is also a   minimum contribution for additional   member of the family – US$15,000.   Nicaraguan citizenship is granted within   20 days after meeting with the basic or   additional (if applicable) requirements,   providing the necessary applications,   supporting documents (passport/travel   document copy, health insurance,   medical certificate, police clearance,   photograph measuring 3.5 cm x 5.0 cm )   and funds. Documents issued by the   immigration authorities: Naturalization   Certificate, citizenship passport, local ID   (cedula). Drivers license can be   exchanged for US$15.

 

  Immigration opportunities.

  Basic immigration and permanent   residence in Nicaragua is availale through   Retirement program:

  Rentista (Retirement) Program
  Certificate of Income from home country.   Required monthly $500 for single or $600   for married couple.

  Certificate of Matrimony - needs to be   "authenticated" by your provincial or state   authorities — this means a letter   confirming that it is authentic from the   provincial or state registration office. This   letter then needs " authentication" by the   Nicaraguan Consulate in your country, or   this can be handled by the lawyer that   you use in Nicaragua.

  Health Certificate from your family doctor.   This needs to be Notarized by a Notary   Public. It must be accompanied by a   letter "authenticating" your Doctor from   your provincial or state Medical Board.

  Good Conduct Letter from your local   Police Chief’s office. This letter must be   accompanied by an " authentication "   letter from your provincial or state   Attorney General’s office that states that   your local police force is a registered and   bonafied Law Enforcement agency.

  A letter from the R.C.M.P is fine (from   Canada and similar), however, it is easier   to get a back-up letter from your   Provincial Attorney General’s office than   from the Federal Office, therefore, a "good   conduct" letter from your City Police force   is advised.

  All of the following documents should be   acquired at home before you make your   final move to Nicaragua (it is a lot easier   to do it at home than from Nicaragua):


  1. Health Certificate (Certificado de Salud)   from a local doctor in the area to which   you are moving to in Nicaragua.
  2. Police Certificate (Certificado de   Policia) from the local police force in the   area to which you are moving.
  3. 6 Photocopies of your Passport.
  4. 6 Photocopies of your Birth Certificate.
  5. Sworn Certificate of Intent - Your lawyer   will write this document in which you   request from the Nicaraguan Government   their acceptance of your application to   become a Resident.All documents must   be translated into Spanish. Your lawyer   can organize that for you.

 

  Click here to check what services are   included in our fees.

  If you are intersted in any particular   country or procedure - contact us for   relevant application forms and   requirements.

 

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