El Salvador just made history by removing presidential term limits, allowing President Nayib Bukele to remain in power indefinitely. In this episode of the Latin Wealth Podcast, we dive deep into what this political shift means for El Salvador, its people, and the future of leadership in Latin America.
We discuss how Bukele rose to power with overwhelming public support, his crackdown on gang violence, his bold embrace of Bitcoin, and the recent constitutional reforms that extended presidential terms from 5 to 6 years and eliminated second-round voting.
Is this a step toward dictatorship—or a strategic move to implement long-term transformation?
We also reflect on how this political model compares to U.S. term limits, why legacy-building may require extended leadership, and what this means for democracy, investment, and national identity in Latin America.
We close the conversation with our personal thoughts on what countries we’d consider moving to if term limits were ever removed in the U.S.—and what it means to align your values with your government.
📌 Topics Covered:
- Bukele's background and re-election with 85% of the vote
- El Salvador’s security transformation and Bitcoin adoption
- Term limit removal and 6-year term extension
- Risks of authoritarian rule vs. long-term vision
