Oddbean new post about | logout
 Oof. This is not a great idea imo.

https://adoptingelsalvador.gob.sv/welcome

To get the 'freedom visa' and passport, they are telling you (papered over with a lot of nice language) that you will be given citizenship if you hand over $1M. They actually use the word 'contribution' - it may say 'investment' but they mean their investment in ES's future, not as in you get the principal back, or any income stream.

This is a lot worse, economically, than other golden visa type programs, at least as far as I remember. Sometimes they're very high numbers (like this one), sometimes they're payment and not investment... but both, oof.

Anyone remember 3BTC *investment* for citizenship? Maybe I just imagined it 😄