The draft amendments to the Law which could be approved before the end of the year, would generate increased investment in the sector.
The proposal provides a reduction to $ 10 thousand minimum investment in order to receive tax benefits and a reduction of between 25 to 30% in electricity rates and drinking water.
With the current law, the minimum investment required per project, including land, for "mayor lodges" in the urban area of the capital of $ 500 thousand and for the rest of the country is $ 150,000. For the "minor lodges” the minimum is $ 100 thousand in urban areas and $ 50 thousand in the rest of the country.
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."
We are dedicated to offering the public a tourism Resort located approx. 350 meters from the historic center of town, after colonial Comayagua Medical Center.
Operates in Honduras
Phone: (504) 3237 6321
Hacienda Pinilla, the design of this project allows the residents to live comfortably amidst the abundant natural and cultural richness of the Costa Rican Pacific Coast in the Province of Guanacaste.
Operates in Costa Rica and Costa Rica
Phone: (506) 2240 1226