El Salvador is a unique silo within the colorful region of Central America. It is the smallest country by size in Central America and the only one that does not have a Caribbean coastline. El Salvador is known for its beautiful volcano-littered vistas, growing some of the best coffee in the world, and excellent surf.
Since the 1980s, however, the country has unfortunately become associated with internal turbulence. A brutal 12-year civil war plagued the country during the decade of the 80s. In the 2010s, gang violence plunged the country into having one of the world’s highest murder rates. Natural disasters including an earthquake in 2001 and a severe tropical storm in 2009, have also hampered growth.
The winds of change, however, are blowing through the country now. Nayib Bukele, who has now completed four years as president of the country, has one of the highest approval ratings in the continent. His war against gang violence has led to tens of thousands of arrests resulting in a dramatic increase in living standards, increased security, and prosperity.
This will not be his only legacy. The decision he drove to make bitcoin (BTC) legal tender in the country has been lauded as one of the most innovative macro financial decisions of the 21st century. The country is also pushing forward with exciting tourist and infrastructure projects like Bitcoin City.
This report explores the capital investment opportunity offered by El Salvador. It explores angles of recent drivers of economic growth, the infrastructure groundwork & foundations being laid down today, and the areas of innovation being backed within the country today.