El Salvador Citizenship & Second Passport Guide

Central America

πŸ›‚ Passport Rank: #38
✈️ Visa-Free Countries: 138
πŸ’° Tax System: territorial
πŸ—ΊοΈ Pathways: 1

Overview

El Salvador offers the Freedom Visa Program, a direct citizenship by investment route requiring a $1,000,000 contribution in Bitcoin or USDT. It's the world's first Bitcoin-based citizenship program with fast processing and no residency requirements.

Citizenship Pathways

Freedom Visa Program (Bitcoin Citizenship by Investment)

Cost: $1,000,000 (BTC/USDT)

Timeline: 0.2 years

Presence Required: None required

El Salvador's Freedom Visa Program offers direct citizenship through a $1,000,000 contribution in Bitcoin or USDT. It is the world's first Bitcoin-based citizenship by investment route, with fast processing and no residency requirements.

Step-by-Step Process

Freedom Visa Program (Bitcoin Citizenship by Investment)

  1. : Submit initial application and due diligence documents to the El Salvadoran government. β€” 1-2 weeks β€” Varies (due diligence fees)
  2. : Receive approval in principle and transfer the $1,000,000 investment in BTC or USDT. β€” 4-6 weeks β€” $1,000,000 (BTC/USDT)
  3. : Attend a virtual or in-person oath of allegiance ceremony. β€” 2-3 weeks β€” Travel costs if in-person
  4. : Receive Certificate of Naturalization and apply for El Salvadoran passport. β€” 2-4 weeks β€” Passport application fees (~$100)

Pros & Cons

Advantages

Challenges

Requirements

Tax System

System: territorial

El Salvador operates on a territorial tax system. Income earned outside El Salvador is generally not subject to local taxation for residents.

Frequently Asked Questions

Is the $1,000,000 investment refundable?
No, the $1,000,000 contribution for the Freedom Visa Program is a non-refundable investment.
Do I need to visit El Salvador to get citizenship?
No, there is no physical residency requirement to obtain citizenship through the Freedom Visa Program.
Can my family be included in the application?
Yes, dependents can be included, but additional fees and investment amounts may apply. Specifics vary.

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