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Guacalito$250,000,000 (USD) Resort Opens Phase I in Nicaragua

Read more:  Pellas inaugura Guacalito de la Isla · El Nuevo Diario.

With a total investment of U.S. $ 250 million, Carlos Pellas, opened the luxury resort Guacalito Island, the first stage features a golf course with 18 holes, a boutique hotel and villas and cottages, in the idyllic town of Tola, Rivas near San Juan del Sur, on the Pacific Coast of Nicaragua.

Guacalito de la Isla
Beachside in Nicaragua

The first phase of the emblematic Guacalito Island, is located on the Emerald Coast of the Pacific, seeks to position Nicaragua as a premier tourist destination, opened 13 January 2013 in the presence of regional entrepreneurs invited by Carlos Pellas, who described the project as the legacy that the country intends to inherit.

With an estimated total of $ 250 million (USD), the first phase includes the boutique hotel Mukul, which has 39 rooms, 16 beach villas and 23 mountain huts, built on 1,600 acres (about 650 hectares), with an investment of U.S. $ 150 million.

My vision is that in 15, 20 years, we see this as the spark that made Nicaragua a tourist destination,” said Carlos Pellas, Pellas group leader.

Built with eco-friendly materials and the use of water catchment areas of rain, the resort is between and surrounded by more than 1,500 trees, some of which were transplanted  A 150-year guanacaste, erected at the entrance of the complex, represents the effort for the care of the environment.

 

 

GuacalitoNuevo Hotel, Cabañas, Villas y Cancha de Golf en Nicaragua

Lea más:  Pellas inaugura Guacalito de la Isla · El Nuevo Diario.

13 enero 2013

Pellas inaugura Guacalito de la Isla

Con una inversión total de US$250 millones, Carlos Pellas, líder del grupo Pellas, inauguró el resort de lujo Guacalito de la Isla, que en una primera etapa ofrece un campo de golf de 18 hoyos, un hotel boutique, así como villas y cabañas, en el paradisíaco municipio de Tola, Rivas, cerca de San Juan del Sur.

Guacalito
Guacalito

La primera fase del emblemático proyecto eco-turístico Guacalito de la Isla, ubicado en la Costa Esmeralda del Pacífico, en el municipio de Tola, Rivas, y que busca posicionar a Nicaragua como un destino turístico de primer nivel, fue inaugurado anoche en presencia de empresarios de la región invitados por Carlos Pellas, quien calificó dicho proyecto como el legado que pretende heredar al país.

Con una estimación total de US$250 millones, la primera etapa contempla el hotel-boutique Mukul, que cuenta con 39 estancias, 16 villas de playa y 23 cabañas de montaña, edificadas en 1,600 acres (casi 650 hectáreas), con una inversión de US$150 millones.

“Mi visión es que dentro de 15, 20 años, veamos esto como la chispa que despertó a Nicaragua como destino turístico”, expresó Carlos Pellas, líder del grupo Pellas.

Construido con materiales eco-amigables y con el uso de zonas de captación de agua de lluvia, el resort está entre y rodeado por más de 1,500 árboles, algunos de gran tamaño que fueron transplantados. Un guanacaste de 150 años, erigido en la entrada del complejo, representa el esfuerzo por el cuido del medio ambiente.

 

 

 

NBC Sportfishing Highlights Nicaragua in January

TREASURES OF RIO SAN JUAN, NICARAGUA

Air Date: 1/20/13

Guest host John Frazier takes a trip into the wilds of central Nicaragua in search of the giant tarpon that live in the Rio San Juan, which flows southeast out of Lake Nicaragua toward the Caribbean Sea. Tag along with Frazier as he and guide Allan Tisseaux hunt these monster fish in a beautiful and untamed part of the world.

 

HERE IS A PREVIEW:

 

Tourism is strong in Central America !

Comments: No Comments
Published on: 2012/11/10

 

Opportunities in Tourism

Despite the downturn in the major economies, more and more tourists traveling the globe are looking for the kind of experiences that Central America has to offer.

The opportunities are there. Demand for tourist destinations such as the ones Central America can offer is firm and is increasing every year.

 A statement from the World Tourism Organization (UNWTO) reads:

Tourism grows in the world despite the international crisis
International tourist arrivals grew by 4% a year worldwide between January and August of 2012 and is nearing for the first time the 1,000 million mark for December, said the World Tourism Organization (UNWTO).

According to the UN agency, tourism figures climbed 5% in emerging economies, compared with 4% in developed countries.

 

 

 

source: http://www.centralamericadata.com/en/article/main/Opportunities_in_Tourism?u=2376ff561f8827e3f9211e3534309e93&s=n&e=3&mid=[MESSAGEID]

Wow, More Countries are Investing in Nicaragua

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Published on: 2012/11/10

 

A surprising 55% of Nicaragua’s direct foreign investment comes from Canada, USA and Spain and with 284 new projects in the works, the country is poised to increase those numbers.

 

What he did grow foreign direct investment in 2011 are 284 new projects were able to attract, whose capital comes from 41 countries “the highest amount in history,” according to investment promotion agency ProNicaragua.

Alvaro Baltodano, presidential delegate for investment, is confident that “excellent results” obtained allow Nicaragua occupies the first place in Latin America and the Caribbean, growth in foreign investment attraction. “We’ll know when all countries to finish their numbers,” said Baltodano.

But the position is privileged because ProNicaragua, the Central Bank of Nicaragua (BCN) and the Ministry of Development, Industry and Trade (MIFIC), consolidated indicators and regional level confirm that Nicaragua was “for four consecutive year, the highest” FDI as a percentage of GDP, with 14.1 percent.

Total foreign direct investment during the period 2007-2011 was 2,917.88 million, driven mainly by the energy, telecommunications and free zones, which represented on average 70 percent of the total.

 

 

source: Wow, More Countries are Investing in Nicaragua | Tropical Daily.

Nicaraguan Guide for Investors and Businesses Just Released

Categories: Nicaragua
Comments: No Comments
Published on: 2012/11/10

 

The 2012-201 Guide to Doing Business In Nicaragua has been just released in cooperation with Amcham Nicaragua, Ministerio de Fomento, Industria y Comercio and ProNicaragua.

View of Concepcion

The guide was published for investors and entrepreneurs in an informative bilingual format introducing the competitive advantages and investment opportunities in Nicaragua.  The country recognizes Foreign Direct Investment (FDI) is an ever increasing factor for developing countries and Nicaragua is welcoming its doors to the business world with many incentives.

So welcoming, that the FDI reached a record of $968 million dollars (US) in 2011, which represents a 91% increase from the $508 million (US) in 2010.  Nicaragua expects 2012 to surpass the 2011 number.  According to this report, the Nicaragua has enjoyed sustained economic growth due to “disciplined management of its fiscal, financial, monetary and exchange politics.”

 

The GDP in 2011 was $7.298 million (US) representing a growth of 4.7%  The top 5 sectors that made up this GDP is:

SECTOR                                                                            US$ Million       % of Total      
Agriculture, livestock, forestry and fishing                        1,283               18.8 %

Manufacturing industries                                                  1,194               17.9 %

Commerce, hotels and restaurants                                   926                12.9%

Central government services                                             720                11.0%

Home ownership                                                                501                 6.8%

Recognizing foreign investment is of great importance the country has enacted the Foreign Investment Protection Law (344).  This law was created to formulate a clear framework to attract investors, create jobs along with social and economic development.

Nicaragua has worked for 20 years to develop and promote the country as a tourist destination.  It is one of the fastest growing sectors in their economy and is about 3% of the GDP.

In 2011, the country hosted more than 1 million visitors (1,060,031).  These were first time visitors and is an increase of 5% from the previous year.  Hotels and resorts are the top 10 visited sites in the country.  Many developments are serving the “baby boomers” and retirees offering marinas, golfing, spas and many other activities and services.

In order to attract tourism industry businesses, the Tourism Industry Law (306) offers numerous incentives and has been viewed as the most “generous and competitive in the region.”

This guide offers a concise introduction for the business owner and investor.  It also offers a wealth of  information highlighting the quality of life the country offers.  It’s natural beauty, pleasant climate and welcoming people is hospitable for work and play.

 

 

 

source: http://www.pronicaragua.org/images/stories/guia_inversionista/DOING_BUSINESS2012.pdf

Nicaragua: Tax Cuts to Promote Tourism

source: http://en.centralamericadata.com/en/article/home/Tax_Cuts_to_Promote_Tourism

Nicaragua’s “Concertación Tributaria” (Tax Reform Discussion) includes a proposal to remove the latest taxes to registration of pleasure boats and aircraft.

mamba 350 (2)-500

An article Laprensa.com.ni reports that Mario Salinas, chief executive of the Nicaraguan Institute of Tourism (Intur) noted the positive impact that a review and elimination of taxes collected on the registration of yachts and private aircraft, introduced in 2010, would have on the tourism sector.

According to Salinas, in addition to increasing revenues from entries, this would “establish service centers, that then create jobs, the import of equipment and spare parts plus the ability to create a better tourism offer in terms of supply of private flights, such as helicopter tours in Nicaragua. ”

 

 

Additional source:http://www.laprensa.com.ni/2012/07/21/activos/109369-preven-impacto-inversiones

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