El Salvador’s Presidential Commission for Strategic Projects announced that it has obtained more than USD 500,000,000 in 2023 in Foreign Direct Investment (FDI), thanks to the use of bitcoin as legal tender, technological investments and strategic alliances with companies such as Google and Amazon that are helping to attract new investments to the country. In this regard, the Commission forecasts that by 2024 FDI could increase by 50% more than the previous year.
For further information, please contact our expert Fernando Argumedo fargumedo@central-law.com