Rental Income Tax in Nicaragua compared to Latin America
The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).
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.