Life in El Salvador
The International Monetary Fund “IMF” Predicts El Salvador’s Economy Will Grow by 1.9% in 2024
In its October 2023 World Economic Outlook report, the International Monetary Fund IMF estimated a 1.9% economic growth for El Salvador in 2024, the lowest in Central America. Our growth projections of 3.0% in 2023 and 2.9% in 2024 show that the resilience to the shocks of the past few … Read more
Population of El Salvador: Insights into El Salvador’s Demographic Landscape
According to the Multipurpose Household Survey (EHPM) released in 2023 by the Salvadoran Central Reserve Bank BCR, the population of El Salvador is 6,330,947, with 61.7% of the Salvadoran population living in urban areas and 38.3% in rural territory. In 2022, the female population totaled 3,373,945, accounting for 53.3% of … Read more
The United States Government Includes Three More Salvadorans to the Engel List
The United States Department of State announced on its website Thursday, December 21, that it had added three Salvadorans to the Engel List of individuals who have knowingly engaged in acts that threaten democratic processes. The United States Engel list identifies individuals who have knowingly subverted democratic processes, engaged in … Read more
Between Democracy and Authoritarianism in El Salvador: The Political Landscape Going Into the 2024 Elections
It is December, and Salvadorans are preparing to celebrate one of the most anticipated holidays of the year, Christmas. Usually, during these celebrations, most Salvadorans worry about what to do for the holidays and if they have enough money to survive the month. However, this year, there is an added element that most Salvadorans must contemplate going into 2024: the upcoming… Read more
El Salvador Launches (New Freedom Visa) for High-Net-Worth Individuals
To attract large-scale foreign investors who can contribute capital to the country’s development, the Salvadoran Government launched a new “Freedom Visa Program.” The Freedom Visa Program offers 1000 investors who invest one 1 million US dollars in El Salvador residency with a path to Salvadoran citizenship. Adriana Mira, Vice Minister … Read more
3,000 Salvadorans Will Be Able to Travel to Canada and Work Legally Next Year
Yesterday, December 6, Rolando Castro, the Minister of Labor in El Salvador, announced during a press conference that El Salvador will place 3,000 new workers in Canada next year. The Minister of Labor remarked that various companies have requested the outstanding Salvadoran workforce. “This month alone, more than 200 people … Read more
Gisela Sanchez, elected new president of the Central American Bank for Economic Integration (CABEI)
The Central American Bank for Economic Integration (CABEI) Assembly of Governors elected Costa Rican Ana Gisela Sanchez as the institution’s new president. Gisela Sanchez was elected this Friday, November 17, becoming the first woman president of CABEI. Her election ended a Honduran dynasty at the head of the principal financial … Read more
