Nicaragua Seeks Consensus on Coastal Law

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

Wednesday, May 27, 2009

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.

Journalist Luis Nunéz wrote in writes: "This bill will be discussed the first week of June in congress. This puts stress on coastal tourism investment, said national entrepreneurs, because it offers no guarantee that the state will [not] assume ownership of coastal lands in the future."

More on this topic

Nicaragua: Mayoralties to Grant Permits and Concessions

May 2009

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

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.

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.

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 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 "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."

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