Post
Topic
Board Economics
Re: Permanent residence in El Salvador for crypto entrepreneurs
by
Sithara007
on 06/09/2021, 04:31:34 UTC
Anybody travelled to El Salvador till now? Is it a good place to live? I am thinking about spending some holidays there.

From what I heard, El Salvador is sort of OK, if you have enough money in your pocket. But if you are looking for a cheap destination such as Thailand or Vietnam, then you will be disappointed. For a family of 4, monthly expenses would come in the range of $2,000-2,500, and if you are single then it can be reduced to around $1,000 per month. That is almost 2-3 times more expensive when compared to Thailand. On top of that, crime is a big concern. Although crime rate has fallen steeply in the recent years, organized gangs are still active in the country.