Nicaragua Wants to Become A Nearshore Hot Spot

And here is what it is offering. The Nicaraguan government is eager to capture some of the offshoring business, so it has created "aggressive incentives." They include:

- A 100 percent tax holiday on earnings for outsourcing suppliers as long as their customers are outside Central America.
- No property taxes for outsourcing facilities.
- No VAT taxes.
- No duties on IT equipment suppliers bring into the country as long as they apply for Free Zone status.