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    El Salvador Facts And Figures

    Facts About El Salvador

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        Colorful hammocks for sale in Suchitoto El Salvador
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        Facts About El Salvador

        Spanish is the official language of El Salvador, however, caliche, or Salvadoran slang, heavily inflects the language.

        Also, even if you are a proficient Spanish speaker, getting used to the idioms may take a while.

        Basic English is spoken widely, as an elementary level is taught in schools.

        It’s a good idea to pick up some Spanish phrases, as locals will appreciate any effort to speak their language.

        Click here for currency conversion at today’s exchange rate.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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            Information Type El Salvador Data
            Population 6,338,193 (Sept. 2024 est.)
            Gross Domestic Product (GDP) $110.79 billion (2024 est.)
            GDP Per Capita $4,620 (2024 est.)
            Inflation Rate 1.17% (Sept. 2024 est.)
            Currency US Dollar
            Exchange Rate 1:1 (US Dollar is the official currency)
            Language Spanish (official), Nahua (among some Amerindians)
            Capital San Salvador
            Population of Capital City 1,123,000 (2024)
            Time Zone UTC/GMT -6 hours
            Seasons Rainy season (May to October); dry season (November to April); tropical on coast; temperate in uplands
            International Dialing Code 503
            Electricity 115V, 60Hz
            System of Government Republic
            Income Tax Rate for Residents Residents are only taxed on their Salvadorian-sourced income at progressive rates, from 10% to 30%. Non-residents are taxed via withholding at 20% or 25% on certain types of Salvadorian-sourced income.
            Property Tax 0.00% (Other fees include; 0.63% for registration, 3.00% for transfer, 0.15%-1.00% notary)
            Capital Gains Tax Capital gains earned by non-residents from selling property in El Salvador are taxed at 10%
            Inheritance Tax Inheritance is subject to income tax rates
            Rental Income Tax Non-residents are charged 30% tax on net income derived from leasing properties.
            Sales Tax 13%
            Restrictions on Foreign Ownership of Property No
            Local Chamber of Commerce
            American Chamber of Commerce
            Primary Exports offshore assembly exports, coffee,sugar, shrimp, textiles, chemicals, electricity
            Residency and Visa Requirements To enter the country by air or sea, U.S. citizens must present a current U.S. passport and either a Salvadoran visa or a one-entry tourist card. The tourist card may be obtained from immigration officials for a ten-dollar fee upon arrival in country at an airport or seaport.
            Residents or Retirees no
            National Airline Avianca

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              Kathleen

              Reviewed By Kathleen Peddicord

              Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

              Start Your New Overseas Life Today

              A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                El Salvador Facts And Figures- FAQs

                While in El Salvador, keep in mind that tap water is unsafe to drink. So, we advise to use bottled water and avoid tap water, especially in less populated areas or outside the main cities.

                More Resources From El Salvador

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