El salvador

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santosg

New member
Im trying to find current tax laws for EL SALVADOR regarding their offshore banking laws but really cant find much on them... if someone currently living in el salvador wanted to open an offshore bank account with a lot of money $500 million usd or more, how much might they pay in taxes to the salvadoran government then assuming they did?
 

Jerry1911

Entrepreneur
And how would this help in paying little to no taxes?
Depends where is the money coming from. But like Martin said, El Salvador is a poor country and you can easily buy the whole revenue department/government if you have $500M USD at disposal.
 

diatessaron

Silver Member
The guy lives in Salvador, I guess the money is somewhere inside the walls of his hacienda. Unless the guy is Nayib himself.
In a parallel universe Nayib is looking for help on OFC after buying all the Bitcoin at the top, starting a civil war with politicians as the main target.

All jokes aside, @OP, if you can buy crypto with that money, there are many countries with 0 tax on crypto. Or get the gold membership and dig through the endless knowledge.
 

santosg

New member
Depends where is the money coming from. But like Martin said, El Salvador is a poor country and you can easily buy the whole revenue department/government if you have $500M USD at disposal.
But how much might someone pay in taxes in el salvador?
 

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