Nicaragua: Mayoralties to Grant Permits and Concessions

With the new Coastal Law, local governments would be responsible for granting concessions and permits for tourism development in coastal areas.

Monday, May 4, 2009

The approval of 71 of the 73 articles of the Coastal Law being discussed in Parliament would leave the granting of concessions for tourism development, service delivery, recreational uses and beach use regulations in the hands of local and regional governments.

Journalist Ramon H. Potosme wrote in Elnuevodiario.com.ni: "On the other hand, a National Commission for Development of the Coastal zones, CDZC, which will be a coordinating body between the different state institutions that have a bearing on the beaches, such as the Nicaraguan Institute of Territorial Studies, INET, the Ministry of the Environment and Natural Resources, MARENA, the Ministry of Transport and Infrastructure, MTI, and the Institute of Tourism, INTUR would be created. It also includes coordination with the Higher Council of Private Enterprise COSEP. The registry of concessions will be done in the mayoralties and regional governments, in the case of the Caribbean coast, but the municipal and regional authorities concerned will have to submit a an annual registry of the concessions granted to the CDZC."

More on this topic

Implications of Nicaragua's New Coastal Law

January 2010

Passed in June 2009, the Law for Regulating Coastal Areas establishes clear rules for investors.

"The law states that oceanfront land within 50 meters of the high-tide line is public domain, as is land within five meters of lakes and lagoons. Rivers are exempt".

In comparison, in Costa Rica the law states 200 meters of the high-tide line, whereas in Mexico foreigners cannot own land less than 50 kilometers from the ocean.

Nicaragua: Coastal Law Takes Effect Today

June 2009

The Act provides a 50 meter area for public use beginning at the high tide zone and it guarantees respect for acquired private property.

Although it does not repeal Article Two of the Agrarian Law, which private enterprise has called confiscatory, it does establish the autonomy of the Coastal Zone Law in Article 63 and legally acquired private property is respected in this manner.

Nicaragua: Coastal Law soon to be approved

February 2009

The Law of Coastal Zones that will regulate the use and access to the coasts of seas, rivers, and lakes would be enacted before Easter Week.

The President of the Commission of Population, Development and Municipalities and Deputy Augustine Jarquín Anaya, informed Elnuevodiario.com.ni: "At the maximum of two months out, it should be approved at the plenary, because it is estimated that it is a law that enjoys consensus after years of public and private consultation with different sectors, plus some coastal native communities."

Nicaragua Seeks Consensus on Coastal Law

May 2009

The domestic business sector demanded that this bill have the support of all the sectors involved.

Entrepreneurs argue that if the law—which establishes that vacant lots located within two kilometers of the coastline and 800 meters from lakes and ponds become property of the state—comes into effect, it would generate uncertainty among tourism investors.

 close (x)

Receive more news about Government

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Central Law

Central Law is a regional law firm in Central America and the Caribbean, with eleven offices in seven countries: Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama and Dominican Republic. The distinctive characteristic of Central Law is multinational coordination that allows our clients to handle their businesses and legal issues for the seven countries in the region from One-contact point, at the office of their choice.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (502) 2383 6000

Company Profile

Stock Indexes

(Dec 2)
Dow Jones
-0.11%
S&P 500
0.04%
Nasdaq
0.09%

Commodities

(Dec 2)
Brent Crude Oil
55.140
Coffee "C"
145.85
Gold
1,178
Silver
16.735