Life in El Salvador

President Nayib Bukele announced on Friday, December 3rd, that El Salvador had purchased an additional 150 Bitcoins. Bukele announcement came as the cryptocurrency plunged to a two-month low below $50,000. “El Salvador just bought the dip! 150 coins at an average USD price of ~$48,670,” wrote President Bukele in his Twitter account. December’s purchase by … Read more

Starting on December 1st, 2021, Salvadorans traveling to countries in the European Union can use the COVID-19 certificates issued by El Salvador as proof of vaccination. The European Commission reported yesterday, Wednesday, December 1st, of the decision to recognize the equivalence of the COVID certificate issued in El Salvador to the digital certificate of the … Read more

According to all the surveys, President Nayib Bukele’s approval rating is over 75 percent since becoming president in June 2019. In all the surveys conducted since taking office, Bukele has received a rating or score of over 75 percent. Bukele’s approval rating is one of … Read more

The Latin American Association of Professional Surfers (ALAS) announced on November 5 that the 2021 ALAS Pro Tour surfing championship will be hosted by El Salvador. This surfing event will take place at Punta Roca beach in La Libertad, from December 2 to 5. It will be the last surfing competition of the 2021 ALAS … Read more

The International Monetary Fund (IMF) reported this Monday, November 22nd, that it completed the review of Article IV regarding the economic behavior and outlook for El Salvador. The published report focused on El Salvador’s policies to secure inclusive growth, improve fiscal sustainability, ensure financial stability, and reinforce economic governance. The reports mention good things done … Read more

The proposed Foreign Agents Registration law requires that any person or organization in El Salvador carrying out activities that directly or indirectly respond to foreign interests be registered as foreign agents. Failure to register by the individual or organization could result in financial penalties and the possibility of prison time. The proposed bill also creates … Read more

Proposed by Salvadoran President Nayib Bukele and presented to congress on November 9, the law would require individuals and organizations receiving international funds to register as “foreign agents” with the Ministry of Interior, according to a report by Salvadoran news website El Faro. The rules would apply to a broad range of organizations and … Read more