For the *low* price of 1 million dollars paid in bitcoin or USDT, you can become an El Salvadorian citizen.
"Begin your journey to Salvadoran citizenship by initiating the application process with a $999 USD non-refundable deposit in Bitcoin or USDt. Upon acceptance, the deposit will be credited to the $1 million USD in Bitcoin or USDt investment to secure the Freedom Visa and then citizenship."
It was $40,000 last year. Inflation is soaring
Wasn't it initially 3 BTC?
There are different programs, all of the others are cheaper, this one is just for the freedom visa program. It must come with some awesome perks.
It wasn't even 3 BTC. You just needed to invest 3 BTC so you still kept the assets you purchased was my understanding of that program.
Freedom visa π€‘
Right?
This is obviously a targeted ad for bitcoiners. As a first attempt it is a little clumsy but I fully expect to see more countries engaging in this.
If you have assets that are borderless countries will compete for your citizenship. I think this is exciting and a new incentive for governments to finally treat citizens as customers rather than just a resource.
I get it, but it's also only targeting whales. Maybe in another cycle more shrimp can apply.
Next cycle thatβll βonlyβ be 0.01 Bitcoin
In yugoslavia you get residence by going on a short trip across the border and getting stamps every 3 months. Nobody cares.
They are just grifting because the bull isn't coming fast enough, and that's dinging mister white cap's popularity.
lol, customers. They can get called a business when they stop breaching trust by mixing the contributions together and redistributing them according to parliament's votes.
If USA corporation circa 1912 got by on 2% then they can go back to this and stop stealing our income.
I thought it used to be you just had to show ownership of 2 whole coins, must have been a lot of demand.
Yeah I thought it was 3 BTC originally. I'm kind of shocked at this.
Very weird this
So basically, same system as before. Elite wealthy people on top.
money and time better spent elsewhere
If I had 1M to spare into something as mundane as a citizenship, I wouldn't need a citizenship to move around anyway π€·ββοΈ
ππ€―π€¦ββοΈ
I don't know if this dude is for real but is undeniable, the Bitcoin stuff, he got right
I'll pass and buy sats instead
Bulgaria's citizenship price is only 250k euros.
Malta citizen only for 19k present on your savings account. It does not even costs money. No taxaes on hodling bitcoin.
I can't help myself, but the site looks like a Bitcoiner mouse trap.
Hard pass. Iβll keep the bitcoin.
After reading it from their site I think they have to see somehow you have 1M$ or more in funds. And no debt. You do not have to paid it directly. The only thing you have to pay is the 999$. That's resonable.
Never mind. A passport costs indeed 1M$. Only a visa is possible if you don't that. But that have to be extend every period....
They really should make it a $1M investment into the country, like a business or property not just a payment. They would get a lot more people take advantage of this.
I'll pass.
