Vanuatu is a small country in Pacific Ocean which obtained independence from France and England in 1980. It has around 280 000 inhabitants and it's main economic activity is fish exports.
What makes it interesting is the fact that they have a citizenship program which grants the citizenship to anyone who is paying an amount of approximate 200000 usd. They announced they are now accepting Bitcoin as a mean of payment and just released the following statement:
Many early investors in Bitcoin would like to realize some of their earnings without incurring large capital gains taxes. Ideally, then, they would convert their cryptocurrency into tangible assets in a low-tax jurisdiction… As Vanuatu will now be the only country to offer citizenship for Bitcoins, I think the program will see a surge in interest more or less immediately.
The Vanuatuan citizenship allows visa-free travel in 113 countries. Among those countries is European Union, Russia, and Great Britain.
To get a rough idea of how would be living in Vanuatu you could take a look on pictures on the web:
https://cointelegraph.com/news/you-can-buy-vanuatu-citizenship-with-bitcoin-43-btc-worth-today
You have a typo there. I think you wanted to say "they are now accepting Bitcoin" .
Not anymore, thanks!
Its other main activity is earthquakes and volcanoes.
:)
good
wow....beautiful nature and lovely place
Good news!!
@royrodgers has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memoThis post has received a 13.32 % upvote from @buildawhale thanks to: @steem-buzz. Send at least 0.50 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
To support our curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memoThis post has received a 0.57 % upvote from @boomerang thanks to: @humptydumpty1
@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read the @boomerang whitepaper.
it's a great place for tropical holiday, however the GDP is below $1Billion.. not much of any business opportunity if anyone wants to live there.. umm just for the passport the price seems too high..but oh well lots of countries offer visa free entry including Russia and European Union, so its best if a third world country's citizen wants to travel or do business in other developed countries..however there are many countries who offer free citizenship if you can buy a house and prove that you are financially stable..If a Muslim man wants to travel freely without being harassed by airport security or immigration people, then it's a good passport
Talk about a winning proposition!
Thanks for the information sir.
This post has received a 100.00 % upvote from @sleeplesswhale thanks to: @steem-buzz.
This post received a 4.15% upvote from @randowhale thanks to @steem-buzz! To learn more, check out @randowhale 101 - Everything You Need to Know!
Cryptocurrencies are the future and thank
goodness that we are part of it..good post