RE: You can now purchase citizenship using Bitcoin!

[otage]

Sounds like a true paradise! By the way, if you are a U.S. citizen there is a hefty exit fee and they do not accept Bitcoin although they will be happy to confiscate it!!

Comments

[chronogn]

Only if you fit in one of the following 3 categories.

1. Individuals with an average income tax liability in excess of US$160,000 (as of 2015, as indexed for inflation) for the five tax years prior to the expatriation date.
2. Individuals with a net worth of US$2 million or more as of the expatriation date.
3. Individuals who cannot certify under penalty of perjury that they have complied with US tax requirements for the five years preceding the expatriation date.

I think the trick is to leave before you have $2 million.

[otage]

Or if you have about 400 BTC...

[chronogn]

Thats alot of Bitcoin still. :P
I mean, even if you only have $1 million USD or equivalent in assets, you can pretty much live anywhere you want and be comfortable. Might as well get out before it reaches $2mil.

[otage]

true