EL-SALVADOR GOVERNMENT OFFERS CITIZENSHIP TO BITCOIN INVESTORS OR DONATORS. 26th of December , 2023
El Salvador Congress has approved and launched it's Bitcoin Freedom Visa for foreigners who wish to migrate to the country. The law offers citizenship to individuals who are willing to migrate to the country and make Bitcoin donations towards the government social and economic development programs.
This is a new development for the country which was passed by the legislature on December 21st, 2023. The law grants only 1000 (one thousand) applicants each year El Salvador citizenship.
El Salvador is the first country that adopted Bitcoin in South America as a legal tender. The government currently launched it's first local bitcoin mining pool in October 2023 and steadily grows with innovative ideas and technology for Bitcoin adoption .