This article was recently updated, including changes from February of 2019. Nicaragua government passed in 2009 the Law 694 named: “LEY DE PROMOCION DE INGRESO DE RESIDENTES PENSIONADOS Y RESIDENTES RENTISTAS”. This commentary is to explain the most important parts, the gist of the law, and not to describe the structure or explain one by one the 27 articles of the Law. The objective of this Law is the promotion of the Special Tourism, and gives many people the opportunity to