West Nicaragua: An Emerging Destination

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West Nicaragua An Emerging Destination
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Tourism A very dynamic sector in continuous
growth
Country Tourist Arrivals
Source INTUR
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Tourism A very dynamic sector in continuous
growth
Nicaragua Main Markets
Source INTUR
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Tourism A very dynamic sector in continuous
growth
Main Markets Growth 2003-2004
Source INTUR
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Tourism A very dynamic sector in continuous
growth
Central America main Visitors
Source INTUR
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Tourism A very dynamic sector in continuous
growth
National Tourism Revenues
Source INTUR
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Tourism A very dynamic sector in continuous
growth
Nationwide Hotel properties (I.Q.S.)
I.Q.S. International Quality Standards
Source INTUR
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Tourism A very dynamic sector in continuous
growth
Hotel Rooms (I.Q.S.)
Source INTUR
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Tourism A very dynamic sector in continuous
growth
National Hotel Rooms Distribution 2005 ()
Source INTUR
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Tourism A very dynamic sector in continuous
growth
Tourist vs. Hotel Rooms
Source INTUR
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Tourism A very dynamic sector in continuous
growth
Segments (Rooms by region)
Source INTUR
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Nicaragua Lodging Industry
Chinandega
Source INTUR
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Marina Puesta del Sol
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Cruise lines Visiting our Pacific Coasts (Corinto
SJS)
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Airlines Flying to Nicaragua
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El Convento
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Investor-friendly Environment
Favorable Legal Framework

• Free Currency Convertibility.
• Freedom to expatriate all capital and profits
• Full property rights for foreigners.
• Equal treatment as Nationals for Foreign
  Investors.
• Full protection of Intellectual Property Rights,
  Patents and Brands.

Source Foreign Investment Promotion Law
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Investor-friendly Environment
Tourism Incentives Law (Law No. 306)

• 100 Sales Tax Exemption on building design and
  supervision contracts.
• 10 years tax exemption over
• Up to the 90 of the Income Tax.
• 100 of the Property Tax.
• 100 of the Import Duties and Sales Tax on
  construction materials, furniture, equipments,
  vehicles and accessories.
• Reinvestment Incentive (Reinvestment of 35 of
  the original investment 10 years more of all
  the above Benefits).

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Personal Security
When comparing Latin American capital cities,
Managua is the safest with a 2.3 intentional
homicide rate per 100 thousand compared to 3.9 in
San Jose, Costa Rica for example
Source Impacto de la Inseguridad Pública sobre
el Clima de Negocios e Inversión de
Centroamérica. CLACDS / INCAE.
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Personal Security
Homicide Rate per 100 Habitants
Note This graph does not include manslaughter
for Costa Rica. Source www.desarme.org
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Hotel Los Balcones
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Nicaraguas Uniqueness
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Pristine Beaches
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Historic Cathedrals and Colonial Churches
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Magnificently Preserved Colonial Cities
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A strong cultural identity
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Beautiful Crafts
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Natural Scenery Landscape
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Outdoor Activities Sports
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Outdoor Activities Sports
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A very Special Biodiversity
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A large choice of Tour Operators, one for each
specialty
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Why West Nicaragua?

• Land
• People
• Emerging Destination
• Natural Attractions
• Cultural Identity

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Official Investment Promotion Agency

• Services
• Country information general information,
  incentives, cost information, and regulatory
  information.
• Customized site visits to Nicaragua
• Start-up services and investment facilitation
• Your company's office in Nicaragua
• Staff
• Bilingual investment promotion professionals
• Internationally-trained management
• Local expertise to help get your projects
  implemented

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Unexplored
Profitable
Democratic
Beautiful
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International Media
Fourteen years ago Nicaragua was unthinkable as
a travel destination. Now its the safest place
in Central America, at the brink of a tourist
revolution. -MSNBC (Nicaragua Contra to what
you think. This Central American country is on
the brink of a 'tourist revolution.). August 2005
In 2004, there was a 16 percent increase in
travel to Nicaragua, with the largest share of
visitors coming from the United States. Its the
one to watch in 2006 as the media attempt to find
the next Costa Rica. There's a cool kid
factor to visiting this place -- it's safe, the
people are very friendly, there's a lot to do,
yet it still has this perception of being
dangerous. It's going to pop, no doubt. Where
to Go Next Hot Spots for 2006.- Lonely Planet,
January 2006
Nicaragua is beginning to emerge as a popular
eco-tourist destination -The New York Times
Travel, January 2005