Nicaragua - Market Entry StrategyNicaragua - Market Entry Strategy
U.S. citizens should be aware of - and consider strategies to mitigate - the physical, financial, and reputational risks of doing business or investing in Nicaragua.
The use of agents and distributors is the most common way to export U.S. products and services. Face-to-face meetings are generally required to establish business relationships; U.S. companies should visit potential partners or agents prior to entering into a relationship. A local lawyer should be consulted as part of due diligence to vet potential local partners.
Nicaraguan is geographically small, but it can be challenging to access due to limited transportation infrastructure. Identifying one representative for the Pacific and central regions and another for the Caribbean coast is often required to ensure nationwide coverage.