With 19 bitcoin, you can become a citizen of the 34th most powerful island nation in the world
Bitcoin virtual currency has been officially recognized in the island of Vanuatu since September 2017. And now, the island nation has surprised the world by allowing transactions to use bitcoin to buy their passports. The world ranked 34th in this world.
With 19 bitcoins (the current price is 1 bitcoin of about $ 10,000), you can trade to immigrate to this island nation.
" For global finance, digital money trading is becoming a new trend ," said James Haris, director of the center and official representative of the special citizenship program . For countries that agree to naturalization through investment programs that use primarily digital currency transactions, it's quite appropriate. '
In this island nation, anyone with honorary citizenship can live here and can freely travel through 125 countries including Britain, Russia and many other countries in the European Union without Visa required.
James Haris said, every application process is ready. They are looking forward to the first record to use this type of transaction in the next few days.
Of course, the island nation cannot fully acknowledge the legality of bitcoin because its economy cannot be fully operational based on digital transactions. The amount of bitcoin earned from individuals who apply for citizenship will be changed to dollars. But Harris still believes that this is a new investment channel that helps bitcoin investors convert their electronic capital into high-value personal assets for themselves and this will encourage public rights programs. Other investment followers follow this model.
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