{"id":34279,"date":"2024-10-11T00:00:53","date_gmt":"2024-10-11T06:00:53","guid":{"rendered":"https:\/\/garciabodan.com\/?p=34279"},"modified":"2025-09-05T12:19:51","modified_gmt":"2025-09-05T18:19:51","slug":"el-salvador-offers-tax-incentives-for-high-rise-real-estate-projects","status":"publish","type":"post","link":"https:\/\/garciabodan.com\/en\/el-salvador-offers-tax-incentives-for-high-rise-real-estate-projects\/","title":{"rendered":"El Salvador Offers Tax Incentives for High-Rise Real Estate Projects"},"content":{"rendered":"<p><span class=\"TextRun SCXW212381526 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212381526 BCX8\">The<\/span><span class=\"NormalTextRun SCXW212381526 BCX8\"> Legislative <\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">Assembly<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">of<\/span><span class=\"NormalTextRun SCXW212381526 BCX8\"> El Salvador has <\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">approved<\/span><span class=\"NormalTextRun SCXW212381526 BCX8\"> new <\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">regulations<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">that<\/span> <\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW212381526 BCX8\"><span class=\"TextRun SCXW212381526 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212381526 BCX8\">offer <\/span><\/span><\/span><span class=\"TextRun SCXW212381526 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212381526 BCX8\">up <\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">to<\/span><span class=\"NormalTextRun SCXW212381526 BCX8\"> 15 <\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">years<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">income<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">tax<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">exemption<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">to<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">encourage<\/span><span class=\"NormalTextRun SCXW212381526 BCX8\"> vertical <\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">construction<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">projects<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW212381526 BCX8\">over<\/span><span class=\"NormalTextRun SCXW212381526 BCX8\"> 35 <\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">floors<\/span><span class=\"NormalTextRun SCXW212381526 BCX8\">.<\/span><\/span><span class=\"EOP SCXW212381526 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\r\n<p><span class=\"TextRun SCXW141957181 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW141957181 BCX8\">These<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">regulations<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">, <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">titled<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> &#8220;<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">Special<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">Provisions<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">for<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">Promotion<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> and <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">Granting<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">Tax<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> Incentives <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">for<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">Development<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">of<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> High-<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">Rise<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> Real Estate <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">Projects<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">,&#8221; <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">grant<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">exemptions<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">to<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">individuals<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">, <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">corporations<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">, and <\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW141957181 BCX8\"><span class=\"TextRun SCXW141957181 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW141957181 BCX8\">legal\u00a0 <\/span><\/span><\/span><span class=\"TextRun SCXW141957181 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW141957181 BCX8\">partner<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">ships<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">, <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">whether<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">or<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">not<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">they<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> are <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">domiciled<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> in <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">the<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> country, <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">who<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">hold<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> new <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">investments<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\"> in <\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">construction<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">or<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">development<\/span> <span class=\"NormalTextRun SCXW141957181 BCX8\">projects<\/span><span class=\"NormalTextRun SCXW141957181 BCX8\">.<\/span><\/span><span class=\"EOP SCXW141957181 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\r\n<p><b><span data-contrast=\"auto\">Eligible Projects for Exemption<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">The following projects can benefit from the tax exemption:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span class=\"EOP SCXW167173245 BCX8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\"><strong><span class=\"TextRun SCXW50265203 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW50265203 BCX8\">Construction<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">of<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\"> New High-<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">Rise<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">Buildings<\/span><\/span><\/strong><span class=\"TextRun SCXW50265203 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><strong><span class=\"NormalTextRun SCXW50265203 BCX8\">: <\/span><\/strong><span class=\"NormalTextRun SCXW50265203 BCX8\">Developments<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">initiated<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\"> after <\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">law<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\"> comes <\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">into<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">effect<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">that<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">meet<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">requirement<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">having<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\"> 35 <\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">floors<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">or<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\"> more, <\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">measured<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">from<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">street<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">level<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\"> in <\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">front<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW50265203 BCX8\">building<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">, <\/span><span class=\"NormalTextRun SCXW50265203 BCX8\">will<\/span><span class=\"NormalTextRun SCXW50265203 BCX8\"> be eligible.<\/span><\/span><span class=\"EOP SCXW50265203 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:278}\">\u00a0<\/span> <\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><strong><span class=\"TextRun SCXW58190437 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW58190437 BCX8\">Beneficiaries <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">Tax<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\"> Incentive<\/span><\/span><\/strong><span class=\"TextRun SCXW58190437 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><strong><span class=\"NormalTextRun SCXW58190437 BCX8\">: <\/span><\/strong><span class=\"NormalTextRun SCXW58190437 BCX8\">Both<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">individuals<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\"> and <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">corporations<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">, as <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">well<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\"> as <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">partnerships<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">, <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">regardless<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">their<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">domicile<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">, can <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">access<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">benefits<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">this<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">decree<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\"> as <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">long<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\"> as <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">they<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">hold<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\"> new <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">investments<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\"> in <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">high-rise<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">building<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">projects<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">, as <\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">previously<\/span> <span class=\"NormalTextRun SCXW58190437 BCX8\">established<\/span><span class=\"NormalTextRun SCXW58190437 BCX8\">.<\/span><\/span><span class=\"EOP SCXW58190437 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><span class=\"TextRun SCXW96939053 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW96939053 BCX8\">\u00a0<span class=\"TextRun SCXW195802704 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW195802704 BCX8\">These<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">investments<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">must<\/span><span class=\"NormalTextRun SCXW195802704 BCX8\"> be <\/span><span class=\"NormalTextRun SCXW195802704 BCX8\">associated<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">with<\/span> <\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW195802704 BCX8\"><span class=\"TextRun SCXW195802704 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW195802704 BCX8\">commercialization<\/span><\/span><\/span><span class=\"TextRun SCXW195802704 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW195802704 BCX8\"> in <\/span><span class=\"NormalTextRun SCXW195802704 BCX8\">one<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">following<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">sectors<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">or<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">under<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">specific<\/span> <span class=\"NormalTextRun SCXW195802704 BCX8\">conditions<\/span><span class=\"NormalTextRun SCXW195802704 BCX8\">:<\/span><\/span><span class=\"EOP SCXW195802704 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/span><\/span><\/p>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><strong><span class=\"TextRun SCXW263204594 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW263204594 BCX8\">Construction<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">of<\/span><span class=\"NormalTextRun SCXW263204594 BCX8\"> New <\/span><span class=\"NormalTextRun SCXW263204594 BCX8\">Buildings<\/span><\/span><\/strong><span class=\"TextRun SCXW263204594 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><strong><span class=\"NormalTextRun SCXW263204594 BCX8\">: <\/span><\/strong><span class=\"NormalTextRun SCXW263204594 BCX8\">Developments<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">that<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">begin<\/span><span class=\"NormalTextRun SCXW263204594 BCX8\"> after <\/span><span class=\"NormalTextRun SCXW263204594 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">law<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">takes<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">effect<\/span><span class=\"NormalTextRun SCXW263204594 BCX8\"> and <\/span><span class=\"NormalTextRun SCXW263204594 BCX8\">meet<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">height<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">requirement<\/span> <span class=\"NormalTextRun SCXW263204594 BCX8\">will<\/span><span class=\"NormalTextRun SCXW263204594 BCX8\"> be <\/span><span class=\"NormalTextRun SCXW263204594 BCX8\">considered<\/span><span class=\"NormalTextRun SCXW263204594 BCX8\">.<\/span><\/span><span class=\"EOP SCXW263204594 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span class=\"TextRun SCXW215924864 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW215924864 BCX8\"><strong><span class=\"TextRun SCXW62520951 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW62520951 BCX8\">First<\/span><span class=\"NormalTextRun SCXW62520951 BCX8\"> Sale <\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">Properties<\/span><\/span><\/strong><span class=\"TextRun SCXW62520951 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW62520951 BCX8\"><strong>:<\/strong> <\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">The<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">exemption<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">will<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">apply<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">to<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">first<\/span><span class=\"NormalTextRun SCXW62520951 BCX8\"> total sale <\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">building<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">or<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">first<\/span><span class=\"NormalTextRun SCXW62520951 BCX8\"> sale <\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">specific<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">areas<\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">, <\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">such<\/span><span class=\"NormalTextRun SCXW62520951 BCX8\"> as <\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">apartments<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">or<\/span> <span class=\"NormalTextRun SCXW62520951 BCX8\">offices<\/span><span class=\"NormalTextRun SCXW62520951 BCX8\">.<\/span><\/span><span class=\"EOP SCXW62520951 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span>.<\/span><\/span><span class=\"EOP SCXW215924864 BCX8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span class=\"TextRun SCXW93467500 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW93467500 BCX8\"><strong><span class=\"TextRun SCXW30172917 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW30172917 BCX8\">Commercial<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">or<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">Tourist<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">Rentals<\/span><\/span><\/strong><span class=\"TextRun SCXW30172917 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><strong><span class=\"NormalTextRun SCXW30172917 BCX8\">: <\/span><\/strong><span class=\"NormalTextRun SCXW30172917 BCX8\">Owners<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">who<\/span><span class=\"NormalTextRun SCXW30172917 BCX8\"> are <\/span><span class=\"NormalTextRun SCXW30172917 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">initial<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">investors<\/span><span class=\"NormalTextRun SCXW30172917 BCX8\"> and <\/span><span class=\"NormalTextRun SCXW30172917 BCX8\">rent<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">high-rise<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">properties<\/span><span class=\"NormalTextRun SCXW30172917 BCX8\"> can <\/span><span class=\"NormalTextRun SCXW30172917 BCX8\">benefit<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">from<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW30172917 BCX8\">exemption<\/span><span class=\"NormalTextRun SCXW30172917 BCX8\">.<\/span><\/span><\/span><\/span><span class=\"EOP SCXW93467500 BCX8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span class=\"EOP SCXW259508080 BCX8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\"><strong><span class=\"TextRun SCXW132034065 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW132034065 BCX8\">Provision<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">Hospitality<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">Services<\/span><\/span><\/strong><span class=\"TextRun SCXW132034065 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><strong><span class=\"NormalTextRun SCXW132034065 BCX8\">: <\/span><\/strong><span class=\"NormalTextRun SCXW132034065 BCX8\">If<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">service<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">provider<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">is<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">project<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">holder<\/span><span class=\"NormalTextRun SCXW132034065 BCX8\">, <\/span><span class=\"NormalTextRun SCXW132034065 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">exemption<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">will<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">also<\/span> <span class=\"NormalTextRun SCXW132034065 BCX8\">apply<\/span><span class=\"NormalTextRun SCXW132034065 BCX8\">.<\/span><\/span><span class=\"EOP SCXW132034065 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span> <\/span><span class=\"EOP SCXW33890650 BCX8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span class=\"EOP SCXW263204594 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\"><strong><span class=\"TextRun SCXW251702820 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW251702820 BCX8\">Reconversion<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">of<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">Activities<\/span><\/span><\/strong><span class=\"TextRun SCXW251702820 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><strong><span class=\"NormalTextRun SCXW251702820 BCX8\">: <\/span><\/strong><span class=\"NormalTextRun SCXW251702820 BCX8\">If<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">holders<\/span><span class=\"NormalTextRun SCXW251702820 BCX8\"> decide <\/span><span class=\"NormalTextRun SCXW251702820 BCX8\">to<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">repurpose<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">their<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">buildings<\/span><span class=\"NormalTextRun SCXW251702820 BCX8\">, <\/span><span class=\"NormalTextRun SCXW251702820 BCX8\">such<\/span><span class=\"NormalTextRun SCXW251702820 BCX8\"> as <\/span><span class=\"NormalTextRun SCXW251702820 BCX8\">transforming<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">an<\/span><span class=\"NormalTextRun SCXW251702820 BCX8\"> office <\/span><span class=\"NormalTextRun SCXW251702820 BCX8\">condominium<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">into<\/span><span class=\"NormalTextRun SCXW251702820 BCX8\"> a hotel, <\/span><span class=\"NormalTextRun SCXW251702820 BCX8\">they<\/span><span class=\"NormalTextRun SCXW251702820 BCX8\"> can continue <\/span><span class=\"NormalTextRun SCXW251702820 BCX8\">to<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">enjoy<\/span> <span class=\"NormalTextRun SCXW251702820 BCX8\">the<\/span><span class=\"NormalTextRun SCXW251702820 BCX8\"> incentives.<\/span><\/span><span class=\"EOP SCXW251702820 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span> <\/span><\/li>\r\n<\/ul>\r\n<p><span class=\"TextRun SCXW262382251 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW262382251 BCX8\">The<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">decree<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">will<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">take<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">effect<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">eight<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">days<\/span><span class=\"NormalTextRun SCXW262382251 BCX8\"> after <\/span><span class=\"NormalTextRun SCXW262382251 BCX8\">its<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">publication<\/span><span class=\"NormalTextRun SCXW262382251 BCX8\"> in <\/span><span class=\"NormalTextRun SCXW262382251 BCX8\">the<\/span> <span class=\"NormalTextRun SCXW262382251 BCX8\">Official<\/span><span class=\"NormalTextRun SCXW262382251 BCX8\"> Gazette.<\/span><\/span><span class=\"EOP SCXW262382251 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The Legislative Assembly of El Salvador has approved new regulations&#8230;<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[226,229],"tags":[],"class_list":["post-34279","post","type-post","status-publish","format-standard","hentry","category-alert","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/34279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/comments?post=34279"}],"version-history":[{"count":2,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/34279\/revisions"}],"predecessor-version":[{"id":42827,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/34279\/revisions\/42827"}],"wp:attachment":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/media?parent=34279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/categories?post=34279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/tags?post=34279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}