Live in Nicaragua while having a job in Pakistan

Can I work remotely for a company in Pakistan while being in Nicaragua?

It is usually doable, but we recommand to check the following key points first:

  1. If the company is a local company in Nicaragua, you will need to be a legal resident of Nicaragua, for at least 6 months before you can apply for a work permit. If the company is a foreign company, you can apply for a work permit in Nicaragua.
  2. If the company is a local company in Nicaragua, they will need to sponsor you for a work permit. If the company is a foreign company, they will need to get a work permit for you.
  3. If the company is a local company in Nicaragua, they will need to get an authorization from the Ministry of Labor, Social Security and Welfare (Ministerio de Trabajo, Seguridad Social y Seguridad Social).
  4. If the company is a foreign company, they will need to get an authorization from the Ministry of Labor, Social Security and Welfare (Ministerio de Trabajo, Seguridad Social y Seguridad Social).
  5. If the company is a local company in Nicaragua, they will need to pay you a minimum salary of US$ 250 per month. If the company is a foreign company, they will need to pay you a minimum salary of US$ 500 per month.
  6. If the company is a local company in Nicaragua, they will need to pay you an additional health insurance. If the company is a foreign company, they will need to pay you an additional health insurance.

How to live in Nicaragua and find remote work in Pakistan?

Finding remote work in Pakistan if you are located in Nicaragua might be difficult, therefore we recommend that you check out the following articles and guides to help you find work in Pakistan.

There are many opportunities to work remotely in Pakistan. You can find remote work in almost all industries, but there are also some special remote jobs that you can find.
Remote work is becoming more popular in Pakistan and it is now a viable option for many people. Some people are able to live off of their income from remote work and some even earn more than their salary.

How a company in Pakistan can send my salary in Nicaragua?

When working remotely for a corporation in Pakistan, you salary can be send to Nicaragua but why?

The most common reason is that the company is located in a different country and the local tax is more favorable.
In Nicaragua, the tax is only 1% and in Pakistan it is 12%.
The other reason is that the company is located in a different country and the local laws are more favorable to the company.
In Nicaragua, the laws are more favorable to the employee and the company has to pay the employee’s salary for the time he/she is working remotely.

How to send money from Pakistan to Nicaragua?
If you want to send money from Pakistan to Nicaragua, you have to go to the nearest bank.
In Pakistan, the bank is the National Bank of Pakistan (NBP) and you can go to any branch of the bank.
In Nicaragua, the bank is the Banco Nacional de Nicaragua (BNI) and you can go to any branch of the bank.
You have to open a new account in the bank you are going to.
In Pakistan, you have to fill in the form of the bank.

Where to pay my taxes when working remotely in Nicaragua for a company in Pakistan?

If you are working remotely in Nicaragua for a corporation established in Pakistan, taxes could seem complicated but in fact , they are not. The good news is that if you are working remotely in Nicaragua for a company in Pakistan, you do not have to pay taxes in Nicaragua.

The bad news is that if you are working remotely in Nicaragua for a company in Pakistan, you do not have to pay taxes in Nicaragua.

What is the difference between taxes in Nicaragua and taxes in Pakistan?
The difference is that in Nicaragua, you pay taxes on your salary, but in Pakistan, you pay taxes on your salary, plus on your profits.