Posted 12/8/2023, 8:46:00 AM
El Salvador Offers Residency and Path to Citizenship for $1 Million Bitcoin Investors
- El Salvador is offering a "Freedom VISA" program for up to 1,000 people per year who invest $1 million in bitcoin or tether
- Participants get long-term residency permits and a path to citizenship
- Application costs $999 in BTC or USDT
- El Salvador could receive $1 billion per year if program quotas are filled
- This builds on El Salvador's push to adopt bitcoin as legal tender and reduce reliance on the US dollar