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Corporation

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polsan
  3/18/2021 06:25 EST

Residency by investment requires creating a corporation. And there are obligations like monthly audits which cost around $300 as I was told by one law firm and then there is yearly report.
I'm not going to run any business so paying that much every month for nothing is out of question.
I wonder if anyone got residency by creating a corporation and how this works for you?

elduendegrande
  3/18/2021 09:43 EST

You should talk to Intur, not lawyers.

Also, be advised that "$" is used interchangeably for bucks or cords, both of which are legal tender here.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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polsan
  3/18/2021 22:17 EST

Audits are done by accounting services which this law firm Bendaña & Bendaña in Managua also provides.
Does Intur provide accounting?

polsan
  3/18/2021 22:21 EST

300 cordobas would be only $8.60 Do you think accountants would charge only that much for an audit?

KeyWestPirate
  3/19/2021 04:58 EST

Just out of curiosity: How much is your law firm charging you for your residency ?

polsan
  3/19/2021 06:35 EST

Keywestpirate I have 2 residency quotes from lawyers: $1200 and $1500, I don't have residency quote from Bendana.com but they charge $2600 for creating a corporation.

William RussellWilliam Russell
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William RussellWilliam Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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atz111
  3/19/2021 07:23 EST

Residency quotes sound on the high side.

elduendegrande
  3/19/2021 20:34 EST

They have spotted you as a millionaire investor who is just pretending to be poor....

Lawyers infront of Migracion so it for 100-200 bucks because all of the hard work was already done by you in your own country.

Intur is the govmint agency in charge of encouraging ferriners to move to Nic. Last I heard they do pensioners and rentistas.

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