El Salvador, in the eye of technology investors

The Law for the Promotion of Innovation places the country at the forefront in attracting new investment, said an expert in the field.

El Salvador has become an attractive country for technology investors from around the world thanks to the entry into force of the Law for the Promotion of Technological Innovation and Manufacturing, promoted by the Government, said Mario Lozano, head of the Fintech and Cryptocurrency practice from the law firm Arias.

«With these regulatory bodies, doors are being opened. El Salvador is being seen internationally as a country in which investment can be made, and we have felt that when as a law firm we go to different international law firms. That is felt in the amount of work and requirements that we as a firm are receiving,” he added.

This law gives the certainty of the rules of the game that investors need. “Right now we are only waiting for the regulations and regulations to be released to give comprehensive advice and make known the requirements that must be met to invest,” he said.

He added that, with the security levels, the country has become “a jewel in Central America” for investment and tourism. “I invite the international community to continue betting on El Salvador, because I think it is a good destination.”

«By word of mouth it is also heard internationally that security in El Salvador has improved a lot. Foreign people say that El Salvador has another face,” he said.

Photo and news: Diario El Salvador