El Salvador expects to sell out Bitcoin ‘Freedom Visa’ by end of year
El Salvador’s National Bitcoin Office says it’s already received “many dozens of applications” for the country’s new Freedom visa.
El Salvador’s National Bitcoin Office says its $1 million Freedom Visa program has already received hundreds of inquiries since its launch on Dec. 7, and expects it to fully sell out before the end of this year.
In emailed comments to Cointelegraph, a spokesperson for El Salvdor’s National Bitcoin Office (ONBTC) said that it had received hundreds of inquiries and “many dozens of applications” both online and in person at its embassies and consulates.
Launched by the El Salvador government on Dec. 7 in partnership with stablecoin issuer Tether, the Freedom Visa is a citizenship-by-donation program that grants a residency visa and pathway to citizenship for 1,000 people willing to put down a $1 million Bitcoin (BTC) or Tether (USDT) donation towards the country.
About Author
