Best Places To Retire Free Report

FREE REPORT: BEST PLACES TO RETIRE






    We Value Your Privacy! We will not share your email address with anyone else, period.

    El Salvador Facts And Figures

    Facts About El Salvador

    Learn more about this ​​​and other countries in our free, daily Overseas Opportunity Letter. Simply enter your email address below and we’ll send you our FREE REPORT: The 10 Best Places To Retire In 2024






      We Value Your Privacy! We will not share your email address with anyone else, period.






        We Value Your Privacy! We will not share your email address with anyone else, period.
        Colorful hammocks for sale in Suchitoto El Salvador
        AdobeStock/Milosz Maslanka

        Facts About El Salvador

        AdobeStock/Milosz Maslanka

        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.

        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






          We Value Your Privacy! We will not share your email address with anyone else, period.

           
          Information Type El Salvador Data
          Population 6,486,205 (June 2020 est.)
          Gross Domestic Product (GDP) $27 billion (2020 est.)
          GDP Per Capita $3,700 (2020 est.)
          Inflation Rate 0.06% (June 2020 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 3,839,076 (2020)
          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

          Start Your New Life Today, Overseas






            We Value Your Privacy! We will not share your email address with anyone else, period.
            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 In
            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






              We Value Your Privacy! We will not share your email address with anyone else, period.

              El Salvador Facts And Figures- FAQs

              Be The First To Ask About El Salvador Facts And Figures

              Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

              Portugal is known for Fado music and also for being the largest cork producer in the world.

              Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

              Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

              More Resources From El Salvador

              Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…

              BEST PLACES TO RETIRE 

              FREE REPORT:






                We Value Your Privacy! We will not share your email address with anyone else, period.

                Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

                RETIRE OVERSEAS AND LIVE LIKE ROYALTY






                  We Value Your Privacy! We will not share your email address with anyone else, period.