El Salvador Launch Freedom Golden Visa for Bitcoin!
Intro:
El Salvador is well known as a crypto friendly country in the world. Because they were the first country to recognize crypto earlier. Now this country has come up with a new surprise for crypto lovers. Now they have launched Bitcoin Freedom Visa which is called Freedom Golden Visa for Bitcoin. This is the 'first of its kind' Golden Visa program based entirely on Bitcoin, which is legal tender in El Salvador. The Freedom Visa will be limited to 1,000 investors per year, subject to certain conditions, and the country hopes to meet this target by the end of this year.
Freedom Golden Visa:
El Salvador is one of the few countries in the world where there is no property tax. This country is well known for its beautiful beaches. It also attracted quite a lot of attention when it became the first country in the world to recognize Bitcoin as their country's legal currency. Bitcoin is legal tender. The country even offers many benefits to investors for Bitcoin, one of which is that there is no capital gains tax for Bitcoin, since it will be a legal currency. Also one of the advantages is that this country is an immediate permanent residence for crypto and entrepreneurs. With all these benefits now added Freedom Visa for Bitcoin.
El Salvador has launched the Freedom Visa scheme mainly for crypto lovers. In this case, however, obtaining a Freedom Visa would benefit the economy, culture and people of El Salvador. And this type of visa scheme has been launched keeping this issue in mind. It provides a golden opportunity for Bitcoin hodlers and entrepreneurs to take an active role in building a whole new economy and a better future in Bitcoin Country, El Salvador. Such a program has been launched by granting citizenship and free residency to investors who are investors in El Salvador through its Freedom Visa Program. Which is truly one of the milestones in the crypto world.
What you need to get a Freedom Visa:
To avail this facility, applicants must meet the financial threshold set by the government of $1 million in Bitcoin or USDt (Tether). Successful applicants are eligible for a Salvadoran passport. Such facility will be limited to 1000 applicants per year. That means 1 thousand applicants will get this facility every year. For that they have to fill a given form. Then it will be finalized after going through various checks and various processes.
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It is an amazing post. I really like to read your article.
It's my pleasure! Thanks
That's great news and pleasing to the ears, it's good to see El salvador continue to step in the direction of cryptocurrencies hopefully they set a perfect example for other countries of the world
El Salvador is known as a crypto-friendly country. Thanks for your nice comment.
Very interesting article, thank you for the information you have provided
Thanks for your valuable feedback