Basically this is the only citizenship-by-investment program that accepts direct cryptocurrency transfers. El Salvador Citizenship by Cryptocurrency program has been on the market for several years, but isn’t actively promoted internationally. However, this CIP is successfully running and delivers due diligence results very quickly using modern AI technologies for screening candidates. At the present time APEX Capital Partners is a proud licensed agent of this exceptionally modern CIP.
In six weeks, with APEX support, you can obtain an El Salvador Citizenship for yourself and your family (investor, spouse, and children under 18). Furthermore this citizenship allows visa-free access to the Schengen area (!) and visa-free travel throughout Central America (except Mexico). And all this without any requirements for residency, residence, or property purchase.
El Salvador Citizenship by Cryptocurrency program (El Salvador Freedom Passport)
Based on an official initiative of progressive President Nayib Bukele, who made Bitcoin the national currency of El Salvador. The country’s treasury purchases one Bitcoin every day for the budget as part of its overall economic policy. The CIP Unit can accept up to 1,000 applications annually.
What's unique about El Salvador citizenship program:
- Cryptocurrency transactions,
- Simply showing a crypto wallet as the source of funds;
- A passport with visa-free entry to the Schengen area.
What are the risks of applying?
- Only people on sanctions lists will not be screened, as with any similar program.
- The $1 million USD contribution in cryptocurrency is paid only after the El Salvador citizenship application is approved. To begin the verification process, only $1,000 of this investment amount must be paid, plus a $1,000 verification fee for each family member. The department gives a six-week deadline for the entire process.
Do I need to travel to El Salvador?
The program has no residency requirements. However, to obtain a passport, you will need to submit biometric data in person at one of El Salvador’s consulates. Currently, there are consulates in Los Angeles (USA), Seville (Spain), and El Salvador itself.
Did you know that El Salvador has some very beautiful resorts? Such as Mizata by Antiresort. You might want to combine a visit to the country for biometrics with a vacation.
How long is the Salvadorian passport valid?
The passport is issued for 6 years and can be extended remotely upon expiration, with no additional investment requirements.
Are there any tax obligations?
No, unless you reside in El Salvador. However, if you decide to live in El Salvador or open a business, there are many incentives for tech companies, including a 0% tax rate on foreign profits and income.
