COURTESY
According to Benjamín Mayorga, Director of Customs El Salvador, close to US$6 million in tax exemptions have been allocated to benefit more than 1,000 salvadoran families who have decided to return to the country.
This has been possible thanks to the Special Transitory Law of Incentives and Preferential Treatment, which allows returnees to import goods and vehicles without paying taxes.
In addition, he explained that this regulation seeks to support salvadorans who emigrated and wish to return. “The government has not charged DAI or VAT taxes on those US$70,000 per family group”, he detailed, highlighting the positive impact of the measure. The law authorizes families to bring in personal property and up to two vehicles purchased at least six months in advance, with a limit of US$70,000 per family. This seeks to guarantee a dignified and comfortable return for those returning to the country.
To date, salvadoran families have taken advantage of this benefit, importing vehicles and personal items that facilitate their integration into life in El Salvador. Mayorga also noted that the measure strengthens the link between the government and the diaspora.
To access the benefit, returnees must submit an affidavit to the Dirección General de Migración y Extranjería confirming their permanent address in the country. This document is key to complete the customs process and receive tax exemptions.
The regulation has been an effort by the government to provide economic support to Salvadorans who wish to return to their homeland, promoting development and family unity.