El Salvador's Economy: The next Singapore or just another emerging market?

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▬▬SUMMARY▬▬

I took a recent trip to El Salvador to see how the much-publicized economic transformation has progressed since my last visit. I examine the implications of government initiatives such as volcano bonds, the new Aeropuerto del Pacifico and the impact of bitcoin as legal tender. Other key themes like tourism growth, the importance of remittances and US immigration policy, and the consequences of the recent IMF deal are explored as well.

TIME STAMPS:

00:00 Introduction
00:56 Economic growth and fiscal situation in El Salvador
03:04 Foreign direct investment in El Salvador
03:53 Tourism growth in El Salvador
04:55 Government initiatives in El Salvador
06:00 Infrastructure development in El Salvador
07:22 Bitcoin as legal tender in El Salvador
09:02 Remittances to El Salvador
10:39 El Salvador IMF deal
13:35 How to get residency and buy real estate in El Salvador

▬▬▬▬▬▬▬▬▬▬ DISCLAIMER ▬▬▬▬▬▬▬▬▬▬

No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.