What if El Salvador Offered Citizenship by Investment?

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Salvadorian President Nayib Bukele recently announced that he will send Congress a proposal to grant citizenship to foreigners who invest in the Central American country, another step in the populist leader's plan to bolster the country's economy by attracting non-traditional capital. What are the benefits of investing in El Salvador? In this video, Andrew will share his opinion about El Salvador.

Reminder: Since September, El Salvador had attracted increasing international interest when it passed a law that made the cryptocurrency Bitcoin legal tender. Like the new package of El Salvador reforms, that law was first proposed by Bukele.

00:00 Start
00:48 President of El Salvador
02:16 El Salvador Passport
06:34 Saint Lucia Citizenship
08:45 Renunciation of citizenship
10:14 Moving to El Salvador

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

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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.