🚀🇸🇻 El Salvador, the Central American country known for its proactive attitude towards cryptocurrencies, now offers investors residence permits and citizenship in exchange for a $1 million investment! This initiative is called the "El Salvador Freedom Visa Program" and plans to accept up to 1,000 applications per year.

💰🌎 El Salvador's investment threshold is quite high compared to similar programs in other countries. However, its acceptance of Bitcoin as legal currency and its offer of income and capital gains tax exemption to technology companies for 15 years may attract investors.

🤔🗳️ This new initiative comes at a time when El Salvador is trying to cope with complex socio-political dynamics. President Nayib Bukele, the driving force behind the country's Bitcoin policies, has left office to focus on his re-election campaign.

💼🔗 By partnering with Tether, El Salvador stands to generate significant revenue when the program operates at full capacity each year. Tether's involvement shows that cryptocurrencies and national economic strategies are increasingly intersecting.

What do investors think? Let's discuss in the comments! 🗨️👇