Republic of El Salvador
Capital: San Salvador HDI: 0.686 (116th)
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.
RESEARCH
Economic Overview
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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.
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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
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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
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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
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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
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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
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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
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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
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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
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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.
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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.
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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
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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
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EL SALVADOR – ariaslaw.com
http://www.ariaslaw.com/media/documents/DOING%20BUSINESS%20EL%20SALVADOR%20INGLES.pdf
See “Employment Law” on this site
Culture/Living
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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
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Personal Security Suggestions
http://sansalvador.usembassy.gov/security.html
Safety and security suggestions from the US embassy
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El Salvador travel advice – GOVUK
El Salvador travel advice - GOVUK
Travel safety advice from the UK government
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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.
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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?
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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
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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.
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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.
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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.
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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
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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.
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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.
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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
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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
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El Salvador Customs Regulations
https://el-salvador.visahq.com/customs/
El Salvador Customs regulations and procedures for importing and exporting goods at border.
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Doing Business in El Salvador – Export.gov
http://export.gov/elsalvador/doingbusinessinelsalvador/index.asp
Helpful information for companies interested in exporting to El Salvador
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SICE: Countries: El Salvador : Trade Policy Documents
http://www.sice.oas.org/ctyindex/SLV/SLVagreements_e.asp
A listing of El Salvador trade agreements
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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
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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
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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
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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.
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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.
JOBS
NETWORKING
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