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Republic of El Salvador

Capital: San Salvador HDI: 0.686 (116^th)

Language: Spanish

GDP (PPP): $52.666 billion

Currency: Dollar

Population: 6,377,195

El Salvador, officially the Republic of El Salvador, is the smallest and the most densely populated country in Central America. El Salvador’s capital and largest city is San Salvador. As of 2015, El Salvador had a population of approximately 6.38 million, making it the most densely populated country in the region. Its population consists largely of Mestizos of European and Indigenous American descent.

El Salvador’s economy was historically dominated by agriculture, beginning with the indigo plant (añil in Spanish), the most important crop during the colonial period, and followed thereafter by coffee, which by the early 20th century accounted for 90 percent of export earnings. El Salvador has since reduced its dependence on coffee and embarked on diversifying the economy by opening up trade and financial links and expanding the manufacturing sector. The colón, the official currency of El Salvador since 1892, was replaced by the U.S. dollar in 2001.

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Economic Overview

Industry Trends

Starting a Business

Visas & Permits

Infrastructure

Culture & Living

Housing & Rentals

RESEARCH

Economic Overview
El Salvador Overview – World Bank http://www.worldbank.org/en/country/elsalvador/overview
Economic growth in El Salvador increased by 2.5 percent in 2015. While this figure is higher than that of previous years, it is just above the level forecast for the next few years.
El Salvador Facts | Government, Economy, Demographics http://country-facts.findthedata.com/l/69/El-Salvador
General information on El Salvador including the economy
Industry Trends & Business Climate
El Salvador : Business Environment: Business Startup http://mecometer.com/image/infographic/el-salvador/business-environment-business-startup.png
El Salvador is ranked for ease of doing business veus other world economies
El Salvador : Business Environment: Taxes http://mecometer.com/infographic/el-salvador/business-environment-taxes/
A typical Business in El Salvador has to pay 53 taxes, consuming a total time of 320 Hours to fully prepare and pay taxes.
Establishing a Presence
Starting a Business in El Salvador http://www.doingbusiness.org/data/exploreeconomies/el-salvador/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in El Salvador
Starting a Business in El Salvador http://www.doingbusiness.org/data/exploreeconomies/el-salvador/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in El Salvador
starting a small/medium business in El Salvador http://www.startinbusiness.co.uk/interbiz/elsalv.htm
What is the best way of setting up?
Taxes
El Salvador Corporate Tax Rate | 2012-2016 http://www.tradingeconomics.com/el-salvador/corporate-tax-rate
The Corporate Tax Rate in El Salvador stands at 30 percent.
El Salvador Corporate – Taxes http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/El-Salvador-Corporate-Taxes-on-corporate-income
The CIT rate is 30%, and this rate is applicable on the total amount of the company’s revenues.
El Salvador Personal Income Tax Rate | 2013-2016 http://www.tradingeconomics.com/el-salvador/personal-income-tax-rate
The Personal Income Tax Rate in El Salvador stands at 30 percent.
El Salvador Individual – Taxes http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/El-Salvador-Individual-Taxes-on-personal-income
El Salvador taxes its citizens, residents, and non-residents on their income earned in the country and on other Salvadoran-source income.
El Salvador Sales Tax Rate | VAT | 2014-2016 http://www.tradingeconomics.com/el-salvador/sales-tax-rate
The Sales Tax Rate in El Salvador stands at 13 percent.
Value Added Tax (VAT) in El Salvador http://en.centralamericadata.com/en/search?q1=content_en_le:%22Value+Added+Tax+(VAT)%22&q2=mattersInCountry_es_le:%22El+Salvador%22
This site discusses issue relating to the payment and refund of VAT in El Salvador
Visas
Visa policy of El Salvador – Wikipedia https://en.wikipedia.org/wiki/Visa_policy_of_El_Salvador
Visitors to El Salvador must obtain a visa from one of the El Salvadorean diplomatic missions unless they come from one of the visa exempt countries.
El Salvador Visa and Passport Requirements http://www.worldtravelguide.net/el-salvador/passport-visa
A listing of countries that require a visa for citizens of those countries to enter El Salvador
Infrastructure
Transport in San Salvador, El Salvador – Lonely Planet http://www.lonelyplanet.com/el-salvador/san-salvador/transport
25 transport options in San Salvador, El Salvador
El Salvador Transportation https://www.virtualtourist.com/travel/Caribbean_and_Central_America/El_Salvador/Transportation-El_Salvador-TG-C-1.html
52 tips on getting to and getting around El Salvador from real travelers and locals.
El Salvador – Telecoms, Mobile, Broadband http://www.budde.com.au/Research/El-Salvador-Telecoms-Mobile-Broadband-and-Digital-Media-Statistics-and-Analyses.html
El Salvador is the smallest country in Central America. Economic prosperity has been stymied by income inequality, poor infrastructure and inadequate social capital. Despite these difficulties, the telecom sector has been one of the more successful within the overall economy.
Telecommunications in El Salvador https://en.wikipedia.org/wiki/Telecommunications_in_El_Salvador
Telecommunications in El Salvador include radio, television, fixed and mobile telephones, and the Internet, centered primarily around the capital, San Salvador
Employer Obligations
Labor Market Regulation in El Salvador http://www.doingbusiness.org/data/exploreeconomies/el-salvador/labor-market-regulation
This site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in El Salvador
EL SALVADOR – ariaslaw.com http://www.ariaslaw.com/media/documents/DOING%20BUSINESS%20EL%20SALVADOR%20INGLES.pdf
See “Employment Law” on this site
Culture/Living
El Salvador Weather – AccuWeather.com http://www.accuweather.com/en/sv/el-salvador-weather
Get the El Salvador weather forecast. Access hourly, 10 day and 15 day forecasts along with up to the minute reports and videos
Personal Security Suggestions http://sansalvador.usembassy.gov/security.html
Safety and security suggestions from the US embassy
El Salvador travel advice – GOVUK El Salvador travel advice - GOVUK
Travel safety advice from the UK government
Cost of Living in San Salvador. Prices http://www.numbeo.com/cost-of-living/city_result.jsp?country=El+Salvador&city=San+Salvador
These data are based on 636 entries in the past 18 months from 49 different contributors.
Cost of Living in El Salvador. 2016 prices https://www.expatistan.com/cost-of-living/country/el-salvador
Are you moving to El Salvador? Do you know how much money you will need there to maintain your current standard of living?
How to Master Business Etiquette in El Salvador http://www.careeraddict.com/master-business-etiquette-in-el-salvador
El Salvador is a country that has a slightly different business etiquette than the United States
El Salvador – Culture, Customs & Etiquette http://guide.culturecrossing.net/basics_business_student.php?id=62
Guide to travel, doing business, and studying in El Salvador – culture, greetings, gestures,etiquette, taboos, negotiations, gift-giving, and more.
El Salvador – Climate http://countrystudies.us/el-salvador/19.htm
El Salvador has a tropical climate with pronounced wet and dry seasons. Temperatures vary primarily with elevation and show little seasonal change.
El Salvador – Education http://countrystudies.us/el-salvador/31.htm
The Salvadoran education system included one year of preschool, nine years of basic education, three years of secondary education, and higher education at two universities and several specialized postsecondary institutions.
Not All Schools in El Salvador Are the Same http://silverinternational.mbhs.edu/v183/v18.3.06a.school.html
A commentary on the school system in El Salvador that compares public and private schools
Public Holidays in El Salvador in 2016 http://www.officeholidays.com/countries/el_salvador/index.php
Comprehensive list of National Public Holidays that are celebrated in El Salvador during 2016 with dates and information on the origin and meaning of holidays.
Public National Holidays in El Salvador http://www.nationalholidayslist.com/el-salvador/
This site provides a list are public holidays with a fixed, recurring date each year in El Salvadoraccording to the Gregorian yearly calender.
CIA World Factbook – El Salvador https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
See “People and Society” on this CIA site
Demographics of El Salvador https://en.wikipedia.org/wiki/Demographics_of_El_Salvador
This site describes the demographic features of the population of El Salvador, including population density, ethnicity, education level, health of the populace, economic status, religious affiliations and other aspects of the population.
Trade
El Salvador Customs Regulations https://el-salvador.visahq.com/customs/
El Salvador Customs regulations and procedures for importing and exporting goods at border.
Doing Business in El Salvador – Export.gov http://export.gov/elsalvador/doingbusinessinelsalvador/index.asp
Helpful information for companies interested in exporting to El Salvador
SICE: Countries: El Salvador : Trade Policy Documents http://www.sice.oas.org/ctyindex/SLV/SLVagreements_e.asp
A listing of El Salvador trade agreements
WTO | El Salvador https://www.wto.org/english/thewto_e/countries_e/el_salvador_e.htm
This site provides key information on El Salvador’s participation in the WTO. El Salvador has been a member of WTO since 7 May 1995 and a member of GATT since 22 May 1991.
Housing and Rentals
El Salvador Corporate Housing and Extended Stay Hotels http://elsalvador.biz-stay.com/
A listing of rental properties in San Salvador and other cities in El Salvador
The 10 Best Hotels in El Salvador https://www.tripadvisor.com/Hotels-g294475-El_Salvador-Hotels.html
A listing of top hotels in El Salvador
Travel
El Salvador Tourism: Best of El Salvador 2016 https://www.tripadvisor.com/Tourism-g294475-El_Salvador-Vacations.html
TripAdvisor has 26,467 reviews of El Salvador Hotels, Attractions, and Restaurants making it your best El Salvador resource.
El Salvador Travel Guide http://www.worldtravelguide.net/el-salvador
Expert El Salvador travel guide including detailed information about everything you need to know about El Salvador.

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