El Salvador Introduces Crypto ‘Freedom Visa’

posted  8 Dec 2023
Photo - El Salvador Introduces Crypto ‘Freedom Visa’
This initiative offers a residency visa and a pathway to citizenship to 1,000 individuals who invest $1 million in Bitcoin or Tether in the country.

But it comes at a higher price point compared to neighboring Caribbean countries, where similar programs start at $100,000, and EU options (like Malta) begin at $810,000.

Critics have dubbed El Salvador’s approach as more focused on “taking Bitcoin investors’ money” rather than embracing the crypto culture.