You can get residence  by incorporating a corporation in Nicaragua- usually through a Sociedad Anonima 

• Corporate Investment: An investor can make a refundable US$100,000 investment into the country via a Nicaraguan “Sociedad Anónima” corporation

 Application procedure:

Step 1:  You must go to the General Directorate of Immigration and Immigration to purchase the Migration Procedure Form, which has a cost of C $ 50.00 

Step 2:   Submit to the information officer in Immigration, full form accompanied by the requirements of the procedure  and  shift to be attended by the window officer 

Step 3:  Wait to be called by the window officer to receive all the requirements 

Step 4:  Wait to be notified by the DGME about the authorization of the residence, once notified you must cancel the corresponding fee and take the photograph for the identity document