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El salvador 3 bitcoin residency

El salvador 3 bitcoin residency

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Edited by Parikshit Mishra. Disclosure Please note that our policyterms of usecookiesand do of The Wall Street Journal, has been updated.

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El Salvador looks set to introduce a residency-for-investment program after adopting Bitcoin as its official currency. El Salvador's Congress has approved a migration law granting expedited citizenship to foreigners who make bitcoin "donations" to government. Successful applicants are granted lifelong residence in El Salvador and are eligible for Salvadoran citizenship. To qualify, individual.

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In August , the Financial System Overseer was merged with the Stock Market and Pensions Overseer to create a single independent regulatory agency headed by a board of directors. One of the main appealing features of the program is the possibility of acquiring a golden visa in El Salvador is being able to make the investment under the form of bitcoins. This program is particularly appealing as it extends beyond the primary applicant. Close Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Others Others.

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