It is true that cryptocurrency investors who use bitcoin or other popular cryptocurrencies can become citizens. There are just three nations providing these programs as of 2024:
- Vanuatu: 135,000 USD must be donated.
- El Salvador: One million USD must be donated.
- Turkey: Needs a USD 400,000 real estate investment.
As the first nation to introduce a bitcoin citizenship program, El Salvador made headlines in 2024 when the value of the bitcoin market reached $1 trillion globally. A growing number of investors are considering obtaining dual citizenship in order to increase their international mobility and enjoy independence, privacy, and visa-free travel overseas.
At the moment, no other government takes cryptocurrency payments, while El Salvador is the only one that formally recognizes bitcoin for citizenship investment owing to its legal tender status. Cryptocurrency laws are being developed in several nations, including as St. Kitts and Nevis and Antigua, but adoption is still waiting.
Unofficially, some real estate brokers and agents have made plans to take bitcoin payments from customers, especially in Vanuatu and Turkey. These nations also accept cryptocurrency investments for real estate, including Bitcoin, Tether, Ethereum, and others.
