Resolution of Property Dispute in Nicaragua

The Attorney General has invited U.S. citizens with outstanding property claims, to present their cases to a process that it advertises as fast.

Friday, March 28, 2014

The Nicaraguan Government is seeking to resolve in the short term all cases or property disputes that exist with U.S. and in through this dispel the usual objections for it not being granted a Waiver of Property by the U.S. government.

"In a meeting with José Adán Aguerri, President of the Superior Council of Private Enterprise, Cosep," Hernán Estrada, Attorney General "invited all American claimants to the Attorney General's Office or to present themselves to the Centre for Mediation or Arbitration in order to present their cases and for the processes to be carried out quickly. "

"The prosecutor indicated that only 3% of claims remain to be resolved, which they hope will be resolved this year."



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Property Waiver for Nicaragua

August 2014

Although there are cases still pending, the resolution of 52 claims made by 28 Americans is the reason that the country has been granted with a Property waiver until July 2015.

The United States Embassy in Nicaragua reported that "... from July 2013 to July 2014, 52 cases related to 28 American citizens were resolved, and that despite the progress achieved, there are still 154 property claims by American citizens pending. "

U.S. 'Waiver" Makes Businesses Uneasy

March 2012

Nicaragua's government is trying to calm fears among businesses after the release of a report covering the pending property claims of U.S. citizens, without which bilateral and multilateral U.S aid may be jeopardized.

From June 2011 to date, the government has been attending to about 64 claims by U.S.

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