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Nobody is looking out for the plebs.

"Market commentators such as Altana Digital Currency chief investment officer Alistair Milne described El Salvador’s million-dollar visa program as “uncompetitive” when considered next to those offered by countries like Malta, which tout full European citizenship for $810,000."

Cost of citizenship in El Salvador: $1,000,000

Cost of citizenship in Malta: $810,000

If you can afford either then good for you but it would seem applicable to open up at least a few slots to people that don't have that kind of money. It'd at least be interesting to watch which group actually does more for their adopted country economically.

https://cointelegraph.com/news/el-salvador-bitcoin-freedom-visa-sell-out-end-2023

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Discussion

Golbez9🔩🤘 2y ago

And the rich get richer

( -_-) 2y ago

You can get citizenship for free by just living there for a few years

Keith 2y ago

I had a short internship with an immigration lawyer several years ago. The U.S. has a similar program. Most countries with a strong passport do. I don’t know how much the “investment” is now, but 12 years ago it cost around $250,000 plus legal fees to become a permanent resident alien in the United States.