5 Passports You Can Buy with Crypto

Summary

This video highlights five countries offering citizenship by investment programs that accept cryptocurrency. These options include Vanuatu, Solomon Islands, Dominica, Antigua and Barbuda, and Turkey, each with varying costs and conditions. Additionally, Portugal offers a pathway to citizenship through crypto exposure in a fund, while El Salvador allows citizenship in exchange for crypto investment. The video also touches on honorary citizenship opportunities in Serbia and Romania for crypto investors. Overall, these countries provide crypto-friendly options for those seeking a second passport and more freedom globally.

Takeaways

• 😀 Vanuatu offers a second citizenship for $130,000, paid directly in crypto, with citizenship granted in as little as 3 months.
• 😀 The Solomon Islands are launching a similar citizenship program at a comparable price, offering better passport access, including the Schengen Area.
• 😀 Dominica offers a second citizenship for $200,000, but you must show crypto as a source of funds via a broker or bank transfer.
• 😀 Antigua and Barbuda's program costs $230,000, with crypto used as a source of funds through brokers or banks, but it takes over a year due to backlogs.
• 😀 Turkey offers citizenship through a $400,000 real estate investment, which can be paid with crypto or cash, and takes over a year to process.
• 😀 Portugal allows investment in a fund with 35% or more exposure to crypto for €500,000, granting citizenship after 5 years without full residency requirements.
• 😀 El Salvador offers the fastest citizenship process for $1 million, paid in Bitcoin or USDT, with a focus on crypto innovation and growth.
• 😀 Serbia and Romania do not have direct citizenship by investment programs, but allow honorary citizenship or citizenship by exception with crypto investments.
• 😀 Some Caribbean countries, like Dominica and Antigua, offer affordable programs but involve longer processing times and bureaucratic hurdles.
• 😀 While Vanuatu provides a quick and affordable option, its passport offers limited global mobility compared to more comprehensive programs like Portugal and El Salvador.

Q & A

What are the key countries that allow crypto investors to legally buy citizenship?

The key countries that allow crypto investors to legally buy citizenship are Vanuatu, Dominica, Antigua and Barbuda, Turkey, and El Salvador. Each has different requirements and costs associated with their citizenship-by-investment programs.

Can I directly pay with cryptocurrency for citizenship in all the listed countries?

No, not all of the listed countries allow direct cryptocurrency payments. For example, Vanuatu and El Salvador accept crypto directly, but Dominica and Antigua and Barbuda require you to use crypto as a source of funds through a broker or bank transfer.

What is the cost of acquiring citizenship through Vanuatu?

Vanuatu offers a citizenship-by-investment program starting at $130,000, and you can pay directly with cryptocurrency. This program grants citizenship within approximately three months.

How does the citizenship-by-investment process in Dominica differ from Vanuatu?

Dominica requires a donation of $200,000 for citizenship, but you cannot pay directly with cryptocurrency. Instead, you must show crypto as the source of your funds and transfer the equivalent amount through a bank or broker.

What benefits does Antigua and Barbuda’s citizenship offer?

Antigua and Barbuda’s citizenship program requires an investment of $230,000. While the process can take over a year, it allows you to use cryptocurrency as a source of funds, and it provides access to a wide range of countries, though it does not grant Schengen Area access.

Why is the Turkish citizenship program popular among crypto investors?

Turkey’s citizenship-by-investment program allows investors to acquire citizenship by purchasing property worth $400,000, which can be paid in cryptocurrency. It provides access to many countries, especially in Latin America, Asia, and Africa, but not the Schengen Area.

How long does it take to receive Turkish citizenship by investment?

The process of obtaining Turkish citizenship through investment typically takes over a year. The program requires extensive documentation due to the increasing number of applicants.

What makes El Salvador’s citizenship program attractive to crypto investors?

El Salvador’s citizenship program is appealing due to its direct acceptance of Bitcoin or USDT as payment. For an investment of $1 million, you can obtain citizenship, and the country is considered crypto-friendly, with a vision to become a global crypto hub.

Are there any countries offering honorary or exception-based citizenship through crypto investments?

Yes, both Serbia and Romania offer honorary citizenship or citizenship by exception. These programs allow crypto investors to obtain residency and eventually citizenship by investing in real estate or businesses, but they do not offer direct citizenship-by-investment programs.

What is the investment required for Portuguese citizenship through crypto exposure?

To obtain Portuguese citizenship, you must invest €500,000 in a fund with at least 35% of its assets in crypto. This investment can be held for five years before you can apply for citizenship, and you need to spend only one or two weeks per year in Portugal.