InvestinElSalvador

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Michelle Medrano

mmedrano@investlbdev.consiti.com
Móvil: +503 7071-7057
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Leticia Garay

lgaray@investlbdev.consiti.com
Móvil: +503 7071-7030

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fabiola venegas

fvenegas@investlbdev.consiti.com
Móvil: +503 7071-7023

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Kevin Vindel

kvindel@investlbdev.consiti.com
Móvil: +503 7071-7024

El Salvador is emerging as a dynamic technology hub in Central America, driven by a government vision that combines investment-friendly legislation, state-of-the-art digital infrastructure development, and intensive training of local talent. Its strategic location, US-compatible time zone, and competitive cost structure position it as an attractive destination for global technology companies, from startups to established corporations looking to expand their operations in the region.

El Salvador’s technology ecosystem is distinguished by its vibrant innovation community, spanning sectors such as fintech, e-commerce, blockchain, and artificial intelligence. Backed by an emerging network of incubators, accelerators, and international events, the country is building a solid platform for technological development that attracts foreign direct investment and generates high-value jobs. This favorable environment, combined with government incentives and a growing pool of specialized talent, is transforming El Salvador into an emerging technology benchmark in Latin America.

Telecommunications, IT, and information services exports (1st Quarter 2024)

USD 100M

Net FDI balance in the information and communications sector, Q2 2024.

USD 1,190M

Exports of Telecommunications, IT and Information Services (2023)

USD 423 M
1st Google Technology Center

in Central America

DATATRUST 1st Tier III Commercial Data Center
in El Salvador and Certified by the Uptime Institute of the U.S.A.
73%
Growth of IT Services Exports (2019-2023)
Investment opportunities

EI Salvador has a good base of technicians and professionals willing to join the country’s productive sectors.

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Software development and digital services
  • Vertical Business Solutions: Manufacturing Sector – Corporate Services – Financial Services
  • Digital Development: Cross-platform mobile applications – Customised enterprise software – Web platforms – Business Intelligence tools – Integrated business management systems
African IT specialist working with software typing on keyboard sitting at table with computers while his colleagues working in team in background
Software factories and IT services
  • Maintenance and support services
  • IT infrastructure management
  • Outsourcing of technological processes
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Digital content and entertainment
  •  Video game development
  • Digital animation production
  • Virtual and augmented reality solutions
  • Interactive multimedia content
  • Immersive digital experiences
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Emerging technologies and cloud services
  • Cloud computing services
  • Big data analytics
  • Blockchain implementation
  • Cybersecurity systems
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Innovation and digital transformation centers
  • Research and development centers
  • Technology innovation hubs
  • Digital transformation labs
  • AI and cybersecurity centers of excellence
Advantages of
Investing in
El Salvador
Technological Hub
Tech-Driven Connectivity and Strategic Alliances
  • The digital transformation is strengthened with the implementation of a new submarine cable and the future 5G network project, providing cutting-edge international connectivity.
  • The strategic alliance with Google drives the creation of the first government telemedicine center in Central America and the digitization of government services, ensuring robust infrastructure capable of meeting future technological demands.
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Safety, Stability, and Strategic Location
  • The safest country in the Western Hemisphere in 2024, with a dollarized economy that offers stability and certainty for investors seeking profitable opportunities.
  • Located in the heart of Central America, El Salvador offers a privileged position with direct access to the markets of North America, Central America, and the Caribbean. Its time zone, shared with key business centers such as New York, Los Angeles, and Miami, facilitates the coordination of international operations and improves efficiency in the provision of technological services.
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Unmatched Tax Benefits for Tech Companies
  • Through the International Services Law, information technology companies exporting services from El Salvador can access one of the region’s most attractive incentives, providing full exemption from taxes and corporate levies during their period of operation in the country.
  • Aiming to lead and accelerate the development of advanced technology and technological innovation in Latin America, the Innovation and Technology Manufacturing Law grants 15 years of tax exemption to software and hardware companies. The condition is to allocate 5% of their budget to R&D activities, fostering the creation of advanced technological solutions in areas such as artificial intelligence, data analysis, and software
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Green Energy and Skilled Workforce
  • The country’s commitment to sustainability is reflected in special incentives for technological operations that use renewable energy. This forward-looking vision, combined with ongoing digital transformation and continuous government support, positions El Salvador as an emerging tech hub with a clear focus on innovation and sustainable development.
  • El Salvador has a young and committed workforce (34% of the population is between 15-34 years old) with strong technical skills in areas such as programming, design, web, and mobile development.
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Educational Growth and Competitive Costs
  • The country boasts more than 11,000 students enrolled in technology-related careers, supported by tailored skill development programs for companies (INCAF) and government incentives for hiring in IT areas.
  • Technology companies find significant competitive advantages in operating costs in El Salvador, with average salaries 25% lower for software developers and graphic animators and 10% lower for systems engineers compared to the rest of the region.
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Success stories
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Teleperformance

Teleperformance has experienced significant growth since its establishment in El Salvador. It began operations in 2004 with 75 employees and only one client. Over time, the company has significantly expanded its presence and now has more than 7,000 employees and eight buildings in operation, making it the largest contact center in the country.

Teleperformance has demonstrated a clear commitment to El Salvador. In 11 years, Teleperformance has invested approximately US$50 million, including a $4.5 million investment in a new call center. Among the reasons for choosing the country as an investment location are the cost of labor, the quality and service attitude of the staff, the available talent and the low staff turnover.

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Technology and services companies that trust in EI Salvador

If you wish to invest in another sector, you can also seek advice from our specialists.