Nicaragua published Law No. 1210, the General Law on Tourism, and Law No. 1211, the Law on Incentives for Tourism Developments in the Official Gazette on 2 August 2024. Law No. 1210 provides overall rules governing the tourism sector, replacing past laws in this area. Law No. 1211 provides new incentives for investments in tourism development projects. Tourism development projects include new investments in: Hotels, accommodation centers, and restaurants; Recreation centers, amusement parks, and zoos; Theatres, museums, and art galleries: and Fair centers and craft centers. The incentives for natural or legal persons that carry out tourism development projects include:...