new yorker did a piece on him last year, not entirely convinced. country has a LOT of problems. life will perhaps be good for rich immigrants coming into chase tax breaks. the normal citizens will be living in a police state.
Nayib Bukele has just signed into law new Innovation and Technology Manufacturing Incentives Act.
El Salvador now has no tax on income, property, capital gains and import tariffs) on technology innovations, software and app programming, AI, computer and communications hardware manufacturing.
This and the upcoming Bitcoin City make this country very attractive indeed.
https://feedly.com/i/entry/lSCeQryoIaWbgsFxC9qxCuqvZtBBW9kgCBci7y5+T18=_187ee261887:3fbf585:c51640ac