Expat Community > Nicaragua

AckersinNica
Joined 2015
Posts: 16

Owning land in business's name...benefits?

9 years ago

Is anyone familiar with the benefits of registering your fully titled property in the name of your Nicaragua-registered business that operates on said property?

I know for some aspects it acts as an LLC and limits you from liability in terms of what happens on your property. The business is run on the property but we are also planning to live there.

Anyone know of any downsides? i.e. if something happens on your property and someone tries to sue you and the property is in the business's name instead of our personal names...how would that affect the situation?

I know it's a shot in the dark, but figured maybe somebody out there has experience with this.

Gracias in advance,

Carlos

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Expat Community > Nicaragua

Owning land in business's name...benefits?

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