Famous economist, president of the Institute for Liberty and Democracy of Peru Hernando de Soto is visiting Mongolia by the invitation of Mongolian President’s cabinet. Hernando de Soto’s institute runs successful business of increasing living standards of poor class by registering their assets in many countries of the world. In 2010, he visited to Mongolia for a research work. Hernando de Soto paid visit to Mongolian President Ts.Elbegdorj and reported about the results of his research and discussed about implementation of full scale project. And also, he met with Government officials and talked about improving in the asset registration system.