El Salvador Offers 0% Tax, Citizenship to Attract Bitcoin Investors
- El Salvador eliminated 30% income tax on money coming into the country from abroad, now 0%
- Part of effort to attract foreign investment and bitcoin enthusiasts
- El Salvador was first country to make bitcoin legal tender in 2021
- Has accumulated over $84 million in unrealized profit on bitcoin holdings
- Passed law granting citizenship to bitcoin investors who donate money to government
