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🇸🇻 BITCOIN LEGAL TENDER STATUS

El Salvador — Special Tax Regime
Regime Bitcoin Legal Tender Status
Type Exemption
Status Active
Effective From Sep 7, 2021
📋 DETAILS
Summary Bitcoin is legal tender in El Salvador since September 2021. Bitcoin transactions are exempt from capital gains tax.
Eligibility All individuals and businesses transacting in Bitcoin in El Salvador.
Benefits 0% capital gains tax on Bitcoin transactions. Permanent residency available for Bitcoin investors (3 BTC investment).
Requirements Transactions must be in Bitcoin. Standard reporting requirements may still apply.
Limitations Volatility risk. Adoption varies. Other crypto assets may not have same treatment. IMF pressure to modify.
Income Types Covered Capital gains from Bitcoin transactions.
Duration Details Permanent (by law).
💰 FINANCIAL
Flat Rate 0.0%
🏛 COUNTRY TAX CONTEXT
Tax System Worldwide
Top PIT Rate 30.0%
Corporate Tax 30.0%
IVA 13.0%
Capital Gains 10.0%
Treaty Count 1
📚 SOURCE
PwC Worldwide Tax Summaries View source →