Key Takeaways
- El Salvador is positioning itself as a tech hub with new policies and zero tax rates for tech industries.
- President Nayib Bukele discussed AI development and regional tech investment opportunities with a16z co-founders.
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El Salvador President Nayib Bukele recently held talks with a16z’s co-founders Ben Horowitz and Marc Andreessen at Casa Presidencial, the Presidential House of El Salvador, according to the country’s National Bitcoin Office (ONBTC).
🇸🇻President Bukele recently met at Casa Presidencial with the co-founders of Silicon Valley venture capital firm, Andreessen Horowitz: @pmarca @bhorowitz
Topics discussed include:
➡️Investment opportunities in El Salvador as an emerging regional tech hub focused on freedom… pic.twitter.com/WwQy0wkApY
— The Bitcoin Office (@bitcoinofficesv) March 2, 2025
ONBTC noted that the meeting was focused on technology investments and artificial intelligence development opportunities.
Key discussion points included investment prospects in El Salvador as an emerging regional tech hub, with an emphasis on freedom technologies, the AI landscape following DeepSeek developments, open source and proprietary AI models.
El Salvador has positioned itself to attract tech investment through recent policy changes, including a 0% tax rate for the technology industry. The country has also enacted legislation to provide a regulatory framework for the AI sector, specifically addressing open-source model development.
The leaders also discussed decreasing barriers to entry into technology markets as prices fall, and emphasized education’s role in advancing technological progress. Additional topics included the evolving AI environment and regional investment opportunities.
El Salvador aims to establish itself as a leading destination for innovators, entrepreneurs, and investors in the region, building on its existing framework of economic policies designed to attract technology companies.
Last month, President Bukele met with Michael Saylor to discuss Bitcoin. The meeting came amid the country’s adjustments to Bitcoin policies as part of its IMF agreement.
Contrary to expectations, recent changes have not demonstrably impacted Bitcoin adoption.
El Salvador has intensified its Bitcoin engagement by adopting a strategy of purchasing one Bitcoin daily. The Central American nation currently holds over 6,000 BTC, worth around $519 million at current prices, according to Arkham Intelligence.
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