Living in Nicaragua while working in Israel
Can I work remotely for a company in Israel while being in Nicaragua?
It is usually doable, but we recommand to check the following key points first:
- Can you work in Israel?
- Can you work in Nicaragua?
- Can you work in both countries at the same time?
- Can you work from home?
- Can you work from a different country than Israel or Nicaragua?
It is usually doable, but we recommand to check the following key points first:
What is the difference between a remote job and a telecommute job?
A remote job is a job where you work from home, and telecommute is a job where you work from another location.
How to live in Nicaragua and find remote work in Israel?
Finding remote work in Israel if you are located in Nicaragua might be difficult, therefore we recommend that you check out other countries in Latin America that have a good reputation for remote work.
Top 3 Countries for Remote Work in Latin America
- Ecuador
Ecuador is one of the most remote countries in Latin America. It is located on the equator, which makes it the hottest and wettest place in the world. The average temperature is 27°C. It is located in the Andean region of South America, and the average elevation is 1,400 meters.
The Ecuadorian economy is growing at a rate of 3.7%, which is a little lower than the average in Latin America. The country has a population of 17.5 million people, and the average income is USD 1,600 per person. - Panama
Panama is the second-most remote country in Latin America. It is located in the northern region of Central America, and it has a population of 3.5 million people. The average temperature is 26°C, and the average elevation is 1,200 meters.
The economy of Panama is growing at a rate of 2.5%, which is slightly higher than the average in Latin America. The country has a population of 3.5 million people, and the average income is USD 1,500 per person. - Argentina
Argentina is the third-most remote country in Latin America.
How a company in Israel can send my salary in Nicaragua?
When working remotely for a corporation in Israel, you salary can be send to Nicaragua but you will be taxed by the government. The salary sent from Israel will be taxed at a rate of 33% and will be sent to the government of Nicaragua. The government of Nicaragua will then send you a check for the amount of your salary.
The company in Israel that you work for will deduct the amount of taxes from your salary and send it to the government of Nicaragua.
Where to pay my taxes when working remotely in Nicaragua for a company in Israel?
If you are working remotely in Nicaragua for a corporation established in Israel, taxes could seem complicated but in fact , it is not.
A tax residence is a place where you live for a period of time. In most cases, it is a place where you live, where you have a residence, and where you pay taxes.
In the case of a tax residence in Nicaragua, you pay taxes on your income.
If you are working remotely in Nicaragua for a corporation established in Israel, you are entitled to deduct the expenses incurred in the country where you are working.
If you are working remotely in Nicaragua for a corporation established in Israel, you can deduct your expenses related to the country where you are working.
