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

2025-01-10 Education
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Nomad Capitalist
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Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Join us for the next Nomad Capitalist Live event: https://nomadcapitalist.com/live/ 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. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/ 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.

Top Comments (10)

@RJ-Isaac-TSOML 2025-01-10

I, an American that has been living in Europe since 2022, am moving to El Salvador in a week.

179 26 replies
@stopthecap2644 2025-01-10

$1m for El Salvador is ridiculously priced, especially when compared to the competition….

145 22 replies
@mauriciorodriguez67 2025-01-11

I MOVED TO EL SALVADOR I FEEL FREE AND SAFE AS NEVER BEFORE

122 5 replies
@kadosholl 2025-01-10

We want to move to El Salvador ................. My family love El Salvador, many changes, wonderful opportunities, growing fast, quick and efficient, safety environment, nice people, family oriented, affordability cost of living, delicious food, bitcoin, new infrastructure, etc ... looking forward 5 to 10 years ahead.

56 1 replies
@NewBeginnings77 2025-01-11

God bless Bukele

39 2 replies
@Angelofanucci-y4v 2025-01-12

El Salvador will be the richest country just a matter of time thanks president bukele

17
@allicientisglobal7678 2025-01-11

As a nomad and investor I love it here in El Salvador. Don’t really care if people decide not to come, better for some of us. Love the tax benefits and still have no need for the passport since Bukele has provided incentives for foreign business.

15
@mz_962 2025-01-12

I’m a citizen of Honduras born and raised, and recently became an EU Spanish citizen . I’ve traveled to more countries with the first passport than you can imagine . Even visa free to the Russian Federation. Latin passports are very powerful !

12
@fernandotorres-nr1ut 2025-01-17

EL SALVADOR IS ATTRACTING INVESTMENTS WITH LARGE CAPITAL AND THAT IS MORE IMPORTANT THAN ANYTHING ELSE.

9
@renezepedarepreza7576 2025-01-11

Safest in america. No tax in cripto. Close to USA.

8

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