El Salvador's Legislative Assembly Approves Law Exempting Migrants From Taxes when They Return to the Country | News Channel 3-12
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By Merlin Delcid, El Salvador's Legislative Assembly unanimously approved a law this Thursday that exempts Salvadorans returning to the country with up to US$100,000 in belongings from paying taxes. According to the approved decree, if the goods exceed this amount, only the excess will be paid. The Special Law of Benefits and Protection for the Diaspora and People in Human Mobility, which consists of 43 articles, also includes tax exemptions of …
By Merlin Delcid, El Salvador's Legislative Assembly unanimously approved a law this Thursday that exempts Salvadorans returning to the country with up to US$100,000 in belongings from paying taxes. According to the approved decree, if the goods exceed this amount, only the excess will be paid. The Special Law of Benefits and Protection for the Diaspora and People in Human Mobility, which consists of 43 articles, also includes tax exemptions of …
Assembly approves bill of benefits for the diaspora and of jobs for Salvadoran returnees who wish to return to El Salvador will enjoy an exemption to house furniture that add up to $100,000. With 60 votes, the Legislative Assembly approved on Thursday the "Special Law of Benefits and Protection for Diaspora [...] El Salvador The Legislative Assembly passed a law that exempts from taxes migrants who return to the country appears first in NODAL.
The regulation of benefits and protection for the diaspora will create a legal framework to encourage the return or temporary establishment of compatriots residing abroad, through economic stimuli of up to $100,000 in household goods. Again, the deputies of the Legislative Assembly demonstrated the importance that the Salvadoran diaspora has for the government of President Nayib Bukele, contrary to what happened in the past, when the presidents …
The regulations provide incentives of up to $100,000 for Salvadorans who return or temporarily establish themselves in the country. EL SALVADOR.- The Legislative Assembly approved, with 60 votes in favour, the Special Law on Benefits and Protection for Diaspora and Persons in Human Mobility, a regulation of 43 articles that seeks to encourage the return or temporary establishment of Salvadorans abroad through economic and social stimuli of up to…
Salvadorans who wish to return to El Salvador will enjoy an exemption to house furniture worth up to $100,000.
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