Nicaragua: Capital gains taxes (%).

In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions:

• The property is directly and jointly owned by husband and wife;
• They have owned it for 10 years;
• It is their only source of capital gains in the country
• It has appreciated in value by 100% over the 10 years to sale
• The property was worth US$250,000 or 250,000 at purchase.
• It is not their sole or principal residence.

These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ

Source: Global Property Guide Research, Contributing Accounting Firms

Nicaragua has no house price statistics. The site of the Central Bank (Banco Central de Nicaragua) has quite good time-series, monthly and annual. Statistics are also published by the Instituto Nacional de Estad�sticas y Censos, but the site is somewhat eccentric, with many time-series apparently broken into two, 1990-1999, and 200-2002 � and data only available in pdf format. There is also some statistical material in report format on the Ministerio de Econom�a y Finanzas site.