VISA REQUIREMENTS

Submitted by edward1 on 20 September, 2006 - 15:27.

Afteer having read and re-read almost all contributions to NL regarding visa and residency regulations, I'm a bit confused: 1. When I drive across the border, will I be issued a one month visa, or will I automatically receive a three month visa? 2. As I understand it, before the visa expires, one can get it renewed without having to leave the country. For one month, or for 3 more additional months? 3. Where does one renew their visa documents? Managua or a border point? 4. If I understand correctly, after 6 months, one can leave the country for 72 hours, and receive a new visa. Is it the same process as above? 5. If you're applyng for residency status, and the documents are being processed, will I have to still undergo the process noted above? or are there exceptions made? 6. At what point does a vehicle become 'nationalized'? 7.Plus, where can one obtain auto insurance when entering the country. All help, as usual, is appreciated.

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Monthly/Annual Minimum Income For Resident Pensioner Visa?

Submitted by thschmidkonz on 18 July, 2007 - 16:14.

Submitted by fyl on 9 July, 2007 - 10:47.

I have read through the above post several times,and do not see the above "subject information" specified.

What is the current required minimum (monthly/annual)USD amount,for Resident Pensioner Visa applicants?

$400

Submitted by fyl on 18 July, 2007 - 16:50.

See http://www.cancilleria.gob.ni/leyes/l628.shtml for the actual law.

Best way

Submitted by Huehuete Bob on 20 September, 2006 - 15:53.

If you are not planning to come and live here in the next 4 to 6 months, you can do everything necessary at the local Nicaraguan consulate and get residency...

What's confusing?

Submitted by fyl on 20 September, 2006 - 15:53.

I think stuff is right in the HowTo.

Here you go:

  1. You say "drive". You (assuming you are from the US, Canada and a few other places) will receive a 90 day visa. Your vehicle will receive a 30 day one.

  2. In 30 day increments up to 90 days.

  3. Any immigration office.

  4. True.

  5. No. Once the paperwork is accepted you no longer have to extend your visa.

  6. Any time you want. You and your vehicle are separate entities. The exception is that if you are importing it under some tax exempt program. You would then need your resident status to take advantage of the related exemption.

  7. You must obtain it before you enter. It will be for sale at the border.

auto

Submitted by edward1 on 21 September, 2006 - 14:04.

thanks fyl for sorting things out. What happens with the vehicle after 90 days, assuming my residency papers are not yet processed?

30 days

Submitted by fyl on 21 September, 2006 - 14:09.

Your auto only has a 30 day visa, not 90 days. If you are just importing it with no tax games, you just pay the tax, get it inspected and get the plates. If you are playing tax-free, not sure.

Fyl or others, Has anyone

Submitted by haircuttingcowboy on 20 September, 2006 - 17:19.

Fyl or others, Has anyone you know made an insurance claim on a Nicaraguan Insurance company for vehicle damage/accident or any homeowners incident? Does either party get taken to the brig (automatically) in the event of an auto accident (that is if the police show up/find out)?

Look it up

Submitted by Jack Davies on 21 September, 2006 - 01:25.

Just put "Driving in Nica" or some such in the Search box in the top right corner of the NL window and you will find enough stuff to keep you busy for the rest of the evening.

accidents

Submitted by Huehuete Bob on 20 September, 2006 - 17:31.

If someone is hurt, you go to the brig. when you get in an accident there is no pulling to the side of the road till the police come. I havent any experience with the insurance company yet, but I hear its pretty quick and simple once the police decide who was at fault. Homeowners insurance???? Dont know of anyone who uses it or if it is availagle.

Car insurance

Submitted by GranadaSherif on 20 September, 2006 - 22:41.

I have a freind who got hurt in his taxi. He was not at fault, the insurance covered all expenses, lots income and provided him with 4K in additional compensation. He was out of work for 1 month. It all took less that 1 week or paperwork. Very good for the 75 dollar/year insurance premium (I think it is a bit more for a professional driver)

House Insurance: I had in Granada since I have a wood house. It is expensive costing almost 400 per year for a 50K coverage. That's almost double the insurance rate i have in Toronto (and in US dollars to boot). But then again there are a lot less people with insurance here so rates must be higher.

Personal anecdotes are

Submitted by haircuttingcowboy on 21 September, 2006 - 06:09.

Personal anecdotes are interesting to read. Thanks for yours. I imagine that you mean 4000 cordobas not US or CD dollars.

My homeowners insurance used to be $400 in Florida, but its been ratcheting up to $900.00. Plus I have a seperate flood policy that is $275.00. ($125,000.00 replacement costs apply to each)

It seems that homeowners insurance rates in Canada are cheaper than the US. I understand that car insurance is higher in Canada.

auto and house insurance

Submitted by edward1 on 21 September, 2006 - 14:01.

on our five bedroom brick house evaluated at $200,000 all comprehensive insurance is $550 yearly. My auto insurance (coverage all comprehensive and $2,000,000) is $60 per month. We live in a southern ontario town of 40,000.