What if El Salvador Offered Citizenship by Investment?
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- เผยแพร่เมื่อ 15 พ.ค. 2024
- nomadcapitalist.com/citizensh...
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Salvadorian President Nayib Bukele recently announced that he will send Congress a proposal to grant citizenship to foreigners who invest in the Central American country, another step in the populist leader's plan to bolster the country's economy by attracting non-traditional capital. What are the benefits of investing in El Salvador? In this video, Andrew will share his opinion about El Salvador.
Reminder: Since September, El Salvador had attracted increasing international interest when it passed a law that made the cryptocurrency Bitcoin legal tender. Like the new package of El Salvador reforms, that law was first proposed by Bukele.
00:00 Start
00:48 President of El Salvador
02:16 El Salvador Passport
06:34 Saint Lucia Citizenship
08:45 Renunciation of citizenship
10:14 Moving to El Salvador
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I was born in El Salvador, but I been living here in Canada for 40 years. Now that I see El Salvador getting better I'm thinking of retiring in El Salvador.
Dios ha bendecido ricamente a El Salvador durante el año pasado. Dios bendiga al presidente Bukele.
I spent the early to mid-1980s 'in' El Salvador courtesy of the US Army.....they deserve a chance, good people, beautiful country
God has richly blessed El Salvador during the past year. God Bless President Bukele.
I visited El Salvador in March 2020 and I would love to live and work there ! I think Nayib Bukele is a true leader of the people.
I’m an Englishman in El Salvador for a few months with my family & we’re here to see Bukele’s vision playing out for ourselves. Something great is brewing here… Salvadorans are repatriating. We’re speaking to realtors (buying/building sounds straightforward) No Cough restrictions. The sun shines often. Just waiting on Bukele’s tax announcements. Let’s see if they beat the UK’s 55% income tax 🤦♂️
I may be reaching out soon.
I'm an Englishman with my eye on Elsavador.
It looks like the place to be
We don’t pay taxes on property
God has richly blessed El Salvador during the past year. God Bless President Bukele.
They have a plan why they now clean-up the country from the gangs, I do not know this plan, but the gangs also were part of the plan the time before. Panama seems also to be a trap, a lot of people went to Panama like to a promised land, the country showed its real face during Covid and the tyranny there.
I recommend reading the constitution of countries, whereas Costa Rica grants life and property, Panama does not grant it, for El Salvador it for sure is worth reading it. El Salvador could be a trap, too. Attract people to move to the country, after enough are there they can change laws to rob them from their property or worse. Sure, it goes worse in the west, too.
@ I'm from US love to visit your country, any suggestions thx
Citizenship and security are exactly what El Salvador needs to offer.
Security, first and foremost. Then, let's talk about citizenship. I don't want to get robbed by the locals there.
@EV or not EV that is the question for my next ride The locals are fine. The vast majority of crime is committed by gang members amongst each other and away from the city/large towns.
But for how long?
@ev This concern is something that many have when considering a non-western country, whom haven’t lived abroad. I’ve been around both Central America and South-East Asia, and can say this much; there are no-go zones. Be smart and avoid those areas. We really don’t have no-go zones in the US, less you consider The Chaz or George Flyod Square, so we don’t have the frame of reference.
The same common sense of avoiding crime ridden shit-holes here applies abroad. Most any nation’s areas of middle-class working folks are great places to start and work from there! You’ll get to understand the vibe of the culture and will be surrounded by fellow people whom are more focused on family and progress of their quality of life.
there is security unless you plan to join MS13 then you may have security troubles.
Youre getting even better with your content Andrew, great stuff from an EU refugee...
Yes, time to pack the bags and ledger
El salvador 🇸🇻 is getting better and better
I sent a month in San Salvador in 2011 and I really like the country!
Don´t ruin the culture or push rural citizens out. I am Salvadoran and the greatest luxury is to be able to be happy on farm land that we can AFFORD. With this, soon our own citizens will be displaced with big white boxes. Our animals will be gone, we will be told to be quiet, and have more police and patroling to protect foreign people. That is a huge fear for citizens.
2:44 absolutely, maps are great visual tools and, in this case, give a clear clue about the difference between those passports
Wow, sounds like they are really reforming the economy to attract skilled digital nomads and looking to boom the economy.
Will certainly keep an eye on El Salvador.
Thanks for sharing! Because of your videos, I've pushed my parents to give me citizenship to their countries with El Salvador being one and Mexico being the other. Currently working on getting my El Salvador citizenship first and then Mexico. Thanks!
@isthisforme. Same for me. ( With El Salvador). I just spoke to the consulate in San Salvador. How is the process going?
@@MuzzaHukka just saw your reply. In short, I started El Salvador first because of convenience. My mom lives on the West Coast near a consulate and had most paperwork already. My dad lives in Mexico about an hour away from a consulate. My mom was able to start the process sooner with El Salvador. It will take time with my dad.
@@Chris-kb6vf Great! My Birth Certificate for El Salvador has been issued but now it needs to be picked up from the Government office in El Salvador and mailed to me in the states. After I receive it, I can schedule an appointment with the consulate and get my DUI and passport.
@@isthisforme8127 Awesome! I have Family in San Salvador that can pick up.I'm excited to travel with Dual passports this year. Thanks for sharing. How long did it take for the Birth Certficate to be issued?
God has richly blessed El Salvador during the past year. God Bless President Bukele.
I would love to be El Salvadorian!
Maps are very useful. Thank you! Also, Andrew should consider advising the government of El Salvador. I am sure that his knowledge could potentially help the current situation be optimized for all parties involved.
YES!! Building better relationships with countries/obtaining a citizenship with countries which can grow food all year round is something we should be looking at.
Very soon all the Salvadoran people will speak English and other very important language for all visitors we can make them happy to live in El Salvador.
Could very much be a possibility since most of the country’s population is young and under 40 years old. Most of the country is young!
@@CuriousCat777 Interesting facts, Did you know El Salvador wanted to be permanently annexed by USA in 1822 and 1865? Did you know El Salvadors flag used to look like USA's? Did you know El Salvador is in the top ten countries in the world with the biggest gap between gender population where females outnumbered males? Did you know El Salvador between 1930- 1991 or mid 80's in order to be a salvadorean citizen you had to be only a european or european descent?
Finally!!!! Citizenship By Investment is coming to Latin America!!!!
EXCELLENTE HOMBRE
It is a smart move by the president to attract enterprising individuals looking for new opportunities and a friendly jurisdiction to do so, especially at a time when the countries who were known for that traditionally are now going in the opposite direction. I hope more will follow his example.
Great work Andrew, congrats looking forward to more content on El Salvador.
Great info,bukele is changing this country for good. Thank you.
Great info, as always. Seriously considering El Salvador for a Bitcoin based tech startup.
Im from El Salvador and USA citizen
And in the case of El Salvador you can become salvadorean citizen and keep USA citizenship.
I love that guy. That president has balls
This is citizenship opportunity I've been waiting for!
Definitely more graphs charts please! Also more appearances from your dad. He is wise and why you've grown up so well 🤩
Thank you for sharing your thoughts and experiences with us
That El Salvadorean president is BASED! Hope he succeeds. BIG problems brewing in Mexico! A recent video on the youtube Tangerine Travels channel showed a tourist saying he'd been traveling on a bus from Tulum to Playa del Carmen, the bus was stopped by immigration and he was asked for his visa, which he assumed was 180 days but had only been approved for 26. Because it had already expired, they threw him in PRISON where he shared a cell with maybe a dozen other people and one stinky toilet in the open. They were basically fed scraps and had no water. He was told there were only two days a week he was allowed to make a phone call (if the phone wasn't out of order), and they held his phone so, luckily, he knew his mother's phone number. She contacted the (German) embassy and he was out a few days later, after spending about a week there. He met many, many others in prison who'd been there for six months or MORE and had nothing but the clothes on their back and didn't know how they would ever get out. This is happening in Q.Roo and Mexico City, he said, and he believes the locals are packing the prisons to get more money from the federal government. Along with the other changes, this could seriously affect extended travel in Mexico!
Mexico has been cracking down on tourist visas. They have been giving just enough time to stay and nothing more.
It is the pressure the State Department is putting on Mexico to put the stop on illegal immigration. Blame FOx News and the MAGA crowd.
@@juanisaac5172 Really? LOL. Do tell how the BIDEN State Department affects Mexico's policy toward German tourists overstaying their visa.
@@juanisaac5172 dude, what about all the Cubans and others having safe passage through Mexico to come to the US?
@@k3iler05 Dude, for decades the Cubans have had political asylum from the US. Don't you remember the inane Wet Feet/ Dry Feet Policy? Why would the the Cubans forget the red carpet countless administrations have laid out for them? The US keeps giving these people work and welfare. When you put out fresh milk in front of your door do not get angry at your next door neighbor when the cats cross his lawn to get to your house. Seems the US loves its illegals. Why keep giving out the goodies if you do not?
Thanks I’m from El Salvador .. we are very nice people.. Yeap I know still a couple guns but it’s getting better everyday.. I really recommend if you like the beach 🏖 and surf 🏄♀️ you have to go and take a look 👀 we have wave 🌊 all year no exceptions!!
Thank you for all your helpful content, as a visual learner the map was a great addition.
Yes...love the maps and visual support. Great Info..
Loved the map, more please!
Yes, love the map. Informative graphics like that really add to the content.
Thank you for posting your video's. You show us that there are other options for a happier, healthier, more prosperous life elsewhere.
Love the maps & graphs, please include more of that kind of data. Go get um Andrew. Loved the video. Peace.
El Salvador is a very beautiful country but the #1 problem is the violence. Unless you want to live in a resort or gated community, it's not a very safe place. I love moving around, driving freely so no resort or gated community for me. Between 2013 and 2019 when I last visited, a lot has changed. I've been there 5 times and my only problem is the security. Fix the security problem and people will flock to El Salvador, Honduras and Guatemala. Other than that El Salvador is heaven on Earth
@@nobodynever7884 Haven't been back since January 2019. These days I'm Africa bound 😂😂😂. I heard MS-13 got paid off to stay low
@@nobodynever7884
Actually the people who are accusing him of that are the very people who actually did those things with the gangs (the opposition ARENA and FMLN parties) they know people on the outside are not familiar with what happen before, so they send disinformation to confuse or make beleive that outright lie and lies; they are desperate to bring El Salvador back to those 40 years of none progress and staleness that they had when their corruption was on display and had no shame .
So they use the media of this nation whom they control to sell that lie but the salvadoreans know better they were witness to all that they did, plus the US media gets there source from these bought off corrupt and sold out news companies.
They can't deceive the Salvadorean people but they're trying to deceive the foreigner who don't know the history.
I hope this helps , pls share.
@@CodeBlue7777 The last time I was there was in March 2019. In 2015 I stayed 45 days but there was too much gang activity. Haven't been back since Bukele took office. I guess I'm due for a visit
The president did a good sweep and round up to heighten security. I would say it’s safer than Mexico Columbia or Brazil! Many Latin countries have low security but El Salvador is not one of them anymore.
The content + the maps are so useful for us , thanks 🙏🏻 for your updates, please keep us updated about 🇸🇻
WHAT? Encyclopedia Brittanica, Anyone? Find your 4th grade teachers and kick their useless asses. C'mon man...:) THEY FOOLED YOU ALL
Really keeping my eyes out for this program
Great ideas on the comparison maps, let’s see more!
Yes I would like to see more graphs like that please
Please keep us updated on El Salvador I’m really interested in this subject
Thank you great video
The visa-free travel map is really helpful for comparing passports!
Maps are great, keep up the good work Andrew!
Yes please!! We want more maps!! Thanks for all the work Andrew!!
Yes, the maps and charts are very helpful. Please include more visuals if you can.
Nice video and very informative 👍 I believe el salvador is in right direction to become a wealthy nation and its passport be more powerful around the world.
Great video my son is going to be north American Salvadoran Thai citizen,,,
the graph was great!
Loved the graphs and maps.
More maps!! keep the maps coming!! Excellent information Andrew,
Yes Andrew more maps please. It helps understand situations in a blink of an eye
The maps and graphics are great!
Very interesting material, Andrew. That said, the security situation there will need to improve for them to attract the people they want.
Maybe you need to grow some balls and be a leader, not a whiner?
I like the maps and charts. Great video, keep up the good work.
There's a new shift happening, which is more likely to strengthen your finance, msg me immediately with the above digits on the stated platform
Yes, liked the graph~
Love the graphs and maps
Amazing content, thank you so much ☀️
Glad to have you, Fatma.
@@nomadcapitalist Thank you so much, have a great day 🌸
1. The maps are a great tool. I would say keep them.
2. I've had my eye on El Salvador, Guatemala and Nicaragua for a while, but I'm leaning towards Nicaragua. Still want to visit those countries. I live in Florida and those countries are very accessible to me. Especially if I fly out of Miami.
Second that. I’d be interested in Nicaragua for the tangential visa free travel
See Ortega, NO Sandinistas for me!
@@bodyloverz30 I can't lie. I've been thinking about that as well. I've seen some expats still go over there and like it.
I’m going to Nicaragua 🇳🇮
@@cathihargaden1608 have you visited before? If so, what cities did you visit?
Love seeing maps/charts!
Hello Steve, thank you for your comment. We will add more maps/ charts in the future.
I’m a American by birth but I also have my Salvadoran passport and Colombian passport because of my parents so having 3 citizenship definitely helps me go to countries where my US American citizenship needs visa like Brazil 🇧🇷 or Cuba 🇨🇺
Yes I would like to see more maps. Thanks for your great content
Hello David, we will consider your valuable advice.
More Maps please!!! and Any updates you get about El Salvador MAKE a VIDEO I was interested in El Salvador for awhile since legal tender.
Great video, i really enjoying it
Like the map/graph. More maps and info graphics could certainly enhance the engagement/experience.
I like the idea of the graphs, Andrew. Keep those in future videos if possible 👍🏾
Hello, thank you for your valuable advice. We will consider that.
@@nomadcapitalist Yeah, some of the trophy class need drawings instead of actual maps
Yes, please add more maps and graphics. Thanks Andrew.
Love the map. Picture worth 1000 words. Love your videos.
Hello Tony, glad to have you. We will consider that.
Maps and drafts would be great. Thank you
Love to see it, hoping this one becomes real!
Loved the map.
Yes. Please give us more maps and visual aids for more complex subjects.
Yes map is much appreciated!
Please more maps!! Thanks for all you do!
The maps are helpful!
Thanks for your opinion.
Wow that's nice to be salvadorian citizen
A map for every video that talks about a specific countries CBI program and showing Visa free travel versus say a US passport is essential and valuable and will increase your viewership.
The maps was great. Keep doing it.
This is nice. I also like what I am seeing with Prospera in Roatan, HN...
Love maps and graphics
Love the charts!
Thank you, Diego.
Those Maps are awesome and will helpyur clients see clearly their VISA potoential.
Hey Andrew, any word about them implementing this in 2024? Love the channel, keep up the great work!
I love the maps please show more of them
Hello Ben, we will consider your comment and add more maps/charts to our videos.
Very good
Maps, graphs, and other visuals definitely increases the bandwidth of information conveyed.
We’re loving the maps ….
Use more please :)
Hey Andrew. Do o need to add this to my passport list? Let me know! Btw. Olja’s doing a great job for us and she’s being patient. Thanks for the videos
Jake
Mr. O'Sullivan, Thanks for the kind words! Let's discuss privately.
👌🏼👌🏼🌎This was a great Video# thanks 😊 more maps please.
Thank you, we will add more maps.
Maps very useful!
Si! me gustan los mapas!
We need an updated version of this now considering the legislative "news" from december 2023.
Yessss more charts, graphs and metrics
Love those maps - please use more :)
Graph was great!
Would like to hear an update on this country as it seems to be a good place to live moving forward.
Graphics, maps... good.
NEED this citizenship/residency program to get started
That map was dope can you do that with more countries
Andrew what can say with other cbi program in central America like Nicaragua, Costarica and Guatemala that are also relatively cheap?
I travel with Canadian and El Salvador passport and I find out El Salvador is better!