🌋☀️ As an expat living in El Salvador for over 16 months, life's a Bitcoin dream! Waking up to perfect 82°F (28°C) weather in the mountains and hiking volcanoes—pure bliss. The beaches are nice but a bit too hot and humid for my taste long term. The people? Incredibly warm and welcoming; Salvadorans' hospitality makes you feel at home instantly.
Business-wise, it's a goldmine for Bitcoiners. Even if BTC as legal tender was reversed by the government last February because they were forced by the devil IMF, nothing has changed much other than the government stopped accepting Bitcoin payments for their services. I personally would rather give my Bitcoin to local businesses and people for products and services than to government honestly.
Starting a business venture here is seamless—no red tape, low taxes, quick incorporation and endless opportunities here. For a single person business, there's a new Simplified Incorporation framework that only takes 2 days to create and you only need to provide 1$ minimum investment and 1 shareholder. It's called Constitución de Sociedades por Acciones Simplificadas (S.A.S. de C.V.). So, it's really easy and affordable compared to the classic S.A. de C.V. (Sociedad es Anónima) that requires 2 shareholders minimum and 2000$ minimum investment.
The expat community's buzzing with innovators, people all around the world, weekly Bitcoin networking in restaurants that accept Bitcoin and circular economies. Tons of local teenagers and young adults are getting educated about Bitcoin by
@My First Bitcoin - Bitcoin Education for the World and are receiving a Bitcoin diploma after they complete the course. These teenagers will become adult soon and will totally be Bitcoinners and be part of that massive worldwide movement. I'm super bullish over that fact.
Cost of living? Affordable but more pricey than other Central American countries. If you buy a house there are no property taxes and if you earn an income from outside the country, like a remote worker, you pay 0% tax here on that income. Living in a super safe place like El Salvador surpass cheaper and dangerous places like Guatemala, Honduras, Nicaragua and Belize. Safety's improved massively under Bukele.
If you're a Bitcoiner seeking freedom and adventure, El Salvador calls! Who's joining?
