Why I WON’T Get El Salvador’s $1 Million "Freedom" Passport

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This video details El Salvador, under the leadership of President Nayib Bukele, transforming from a poor, crime-plagued country to a safe, innovative emerging destination that is attracting entrepreneurs and investors, particularly in the Bitcoin and cryptocurrency space.

Mr. Henderson then explains El Salvador's citizenship program that offers a $1 million "Freedom" Passport to Bitcoin and cryptocurrency investors. Mr. Henderson compares and contrasts this citizenship by investment opportunity with other passport programs and reveals why he ultimately decided against obtaining Salvadoran citizenship.

00:00 El Salvador's History of Crime and Emigration
01:36 Nayib Bukele's Transformation of El Salvador Into a Safe Country
03:19 Nayib Bukele Making Bitcoin Legal Tender—El Salvador Attracting Investors
05:00 How to Get El Salvador Citizenship and Power of Salvadoran Passport
08:12 Citizenship by Investment in El Salvador vs. Caribbean Passport Programs
09:54 Turkish Citizenship by Investment Model and Passport Marketplace
11:35 Citizenship Reputation, Passport Program Laws and Fast-Track Naturalisation
14:46 How to Get 4 Passports from Around the World for the Price of 1 in El Salvador
15:58 Selecting Countries with Shared Values and Protecting Bitcoin Investments
17:09 El Salvador Citizenship by Descent
17:50 El Salvador Residence Options and Challenges with Naturalization Process
23:05 Future Residence or Citizenship Programs Coming in El Salvador?
24:13 Salvadorans Returning Home and How You Can Go Where You're Treated Best

Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.