El Salvador Set for $153M Bitcoin Boost with New Residency Plan

El Salvador Set for $153M Bitcoin Boost with New Residency Plan

El Salvador will receive substantial funds through a new residency program aimed at high-net-worth individuals. Spearheaded by President Nayib Bukele and promoted by Bitcoin evangelist Max Keiser, the initiative, known as the “Adopting El Salvador Freedom” program, is drawing global attention for its unique approach to citizenship and investment in the Central American nation.
Bitcoin Residency Offers Big El Salvador Influx
Under this innovative program, El Salvador offers residency to individuals who can contribute economically and socially to the country. To qualify, applicants must donate a minimum of $1 million in Bitcoin or USDT. This initiative is not just about boosting the country’s economy; it’s also about transforming El Salvador into a hub for technology, freedom, and peer-to-peer innovation. Currently, 153 individuals have applied, signaling a potential influx of $153 million in cryptocurrency.
This program is particularly appealing as it extends beyond the primary

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