Deposits for Residency

Submitted by fyl on 11 February, 2008 - 08:32.

The Nicaraguan government requires a "return home" deposit if you are seeking residency in most categories. Recently, someone asked what it was for Canada. Well, I tripped on the page with all the deposits when looking for something else.

This is the current answer. I say current because it appears that when something is revised, a new page is created and pointed to. So, you are best to go to the migracion page and find the link to Circular Tecnica No. 043, Valor de los Depositos de Garantia por Pais de Origen.

The current numbers for a few countries are as follows:

  • Canada: $890
  • Pakistan: $8,250
  • Panama: $550
  • Spain: $2,030
  • USA: $650

That list reflects the highest and the lowest.

‹ Applying for a cédula MetroCenter Immigration office ›
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No deposit left here

Submitted by will305 on 2 June, 2008 - 00:51.

I never had to put a deposit, but I took the one year option and renew it yearly, but I have my cedula.

Residency deposit

Submitted by Lyndonxx on 1 June, 2008 - 19:40.

I just received my residency and didnt have to make a deposit for the return ticket. It may have been because i took out the 5 year investor residency.

Can Anyone recommend an

Submitted by poker12 on 23 May, 2008 - 14:54.

Can Anyone recommend an attorney who can rapidly acquire my citizenship. I see all these fly by night operations on the internet...

Paul Tiffer...

Submitted by Doug on 1 June, 2008 - 23:29.

did ours, as long as you have your paperwork done things go quickly;

http://www.nicaliving.com/node/3156

We are very happy with his work. He speaks quite good English, is very accessible and diligent , no night flying. :)

plus I can find his office all by myself

-Doug

If you're not part of the solution, you're part of the precipitate

Why Residency?

Submitted by coulterica on 16 February, 2008 - 09:40.

Currently working here in Managua and we are able to return the the US every 90 days. Other than not having to make the trip back, are there any other benifits to becoming a resident?

warm fuzzy

Submitted by Billy Bob on 16 February, 2008 - 17:55.

but if yolu are planning to be here for life you might as well get your papers right.

Short term, its a glorified tourist permit.

In my case I have personal and property reasons for staying, so it´s an extra dollup of security to have the cedula. Also, I can get plates for my pickup and not get stopped at so many roadblocks.

also, I assume the immigration battles in the US will eventually get dirty, and there will be repercussions here. Proper papers are an extra bit of security, just like keeping some assets abroad.

¨pata de perro¨

warm and fuzzy

Submitted by dirtbag on 16 February, 2008 - 20:59.

on your gravestone. When I was last in Nicaragua and met some, mostly guys, aged 55yrs to 65yrs plus,I asked them coming from the U.S. Norway, England, and others, that made a life here..Can you see yourself dying here? Thay all said yes. Who cares about papers?(my submission) except for your last will and testament. Don't forget that cousin you promised your comic collection to. It is also true to say that most of the above had the "Matter of paperwork" in order once they had made their bed.

Australia 5050.00 USDs.

Submitted by jimmy c on 12 February, 2008 - 10:42.

In one foul sweep there gose any chance of me applying for residensy, investing in a bussnes, buying property or even staying in nicaragua, good job government burocracy.

The pensioner thing seemed

Submitted by willdufauve on 11 February, 2008 - 11:09.

The pensioner thing seemed so simple at first. It gets lost in red tape and burglar bars.

a US example of beauracracy gone silly

Submitted by Billy Bob on 12 February, 2008 - 09:49.

Think of all the decades I renewed my California drivers license every 3 years. Then I moved to Arizona and got a 15 year license. Why not? Nothing changes in 3 years, a regular renewal does not include an eye exam or anything important, and you are required to report address changes promptly anyway. And it´s all computerized anyway: the cop in the squad car knows all about you. Same with Pensionado: it´s real simple, prove who you are, your pension source, a police report, and a meaningless health report. Take to office, pay fees, get card. Card is glorified 1 year tourist visa: you get the right to live here 1 year, subject to renewal, the right to register a vehicle, the right to buy a gun (which I consider a human right but which most pensionados won´t even bother with). It´s not the keys to the castle, nor the right to vote, nor citizenship. It does not include the right to work, which can be had by other residencias (which are and should be tougher to get).

Sad that the system makes it so dificult. I moved to Nic by choice so I´ll probably tough it out and jump through the hoops to get the cedula. But, sadly, I can´t suggest Nic. to other retirees for this reason. If you do come, start on your residency immediately and don´t make any purchases or long term committments until you get it.

The people, the land, and the private sector are ready for a reasonable number of pensionados. The government isn´t.

¨pata de perro¨