Alofoke (Santiago Matías) announced on July 22, 2026, his intent to launch an independent political party aimed at the 2028 presidential race, after rejecting overtures from existing groups like the PRSC. He stated plans to collect signatures and petition the Junta Central Electoral (JCE) for formal recognition while documenting the effort publicly. Under Ley 33-18, new parties must submit documentation at least 12 months before the next general election, placing the practical window near mid-2027 and aligning closely with the market’s June 30, 2027 cutoff.
The near-even odds reflect uncertainty over whether the full process—signature gathering, verification of principles and membership thresholds, and JCE review—can be completed on schedule, despite clear momentum from his media platform and “Generación Alofoke” following. No updates on active filings or signature drives have surfaced since the announcement, leaving room for delays from bureaucratic hurdles or organizational scale. Fresh developments such as an official JCE submission, visible nationwide signature campaigns, or reported setbacks in verification could quickly shift trader consensus either way.