Even the United States Travel Advisory Had to Admit This About El Salvador | Lina Seiche

For years, El Salvador carried a reputation for danger and travel advisories ranked it among the least safe countries in the world.

Lina Seiche, a German entrepreneur who built her company in El Salvador, shares why the country’s transformation is tangible, and how you can also feel it in the way new laws are constantly streamlining business operations by removing unnecessary bureaucracy.

El Salvador is now one of the safest countries in the region and is now a model for progress across Latin America.

Watch the FULL EPISODE here: https://youtu.be/nT8HmPfqS0c

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Transcript

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For people who, you know, don't know that the State Department issues like travel advisories for all the countries in the world and for us, the worst one is the best in historically, El Salvador has been a three, which is it's not quite North Korea. But it's, you know, one step below. And they just moved it, number one, which is, you know, even a lot of European countries are number two. Germany's a two. Germany's a two. Yeah. So from the State Department's point of view, you're much safer coming down Salvador than you are going to Germany. Would you say that is as a German? I would say that. And I've said that for a while. The thing is that if I talk to fellow Germans, there's a very strong sentiment of, yeah, you know, things are getting worse here, but it's not as bad as over there. So it's very interesting. Sometimes the, public opinion or narrative lags behind reality. And then at some point you cannot deny it any longer. And then, yeah, then things change. And this is one of those big steps towards a. Well, I think to a lot of times we're blind to it in our own environment because even a lot of Americans, I think, would be surprised to see what other countries say about traveling to America and all the warnings that they issue for that. Oh yeah. Yeah. When that happened, I was talking about on my social media, and I got comments about how a Salvador is now safer to travel than Germany in the eyes of the U.S.. I got a lot of comments also from people from the U.S. who said, yeah, it's even safer than insert city in the US, which if you then asked the Germans if you like. Yeah, of course, because Germany's way safer than your U.S city. So, you know, I mean, this perception then is reality. And sometimes they overlap, sometimes they don't. But you cannot deny that anywhere you go in a Salvador, it is incredibly safe now. So yeah. What are the some of the differences you've seen in the last year as far as development or things that are happening? And then going beyond that? Now that you're operating your business out of El Salvador, what are you seeing in the business environment? One thing that I noticed straight away when I brought my company here is that there are new laws all the time, and it's not in the way that I was used to before working in, other countries where new laws usually meant more bureaucracy. You could tell here you have a country that right now they are geared towards economic reformation, like economic growth and whatnot. Everything they do is to remove bureaucracy. So there would be new laws, and then our accountants or consultants would come and say, you know, you can do this thing now, which makes this easier. And I'd be like, why? Yeah, they just passed this law in February or whatever, and I love that. And that's one of the reasons why I that's one of the factors I mentioned. Right. What makes a big coin country. Bitcoin country is very easy to get set up here. And you receive a lot of help. And the government makes it as easy as they can for you on on certain levels. There's trouble on other levels, which has to be. There's always going to be some bureaucracy, and the business involves paperwork and report, you know, things that the legal requirements. But, This.