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Tether is part of El Salvador’s “Freedom Visa” program, requiring a $1M Bitcoin investment.

#ElSalvador #Tether #Bitcoin #USDT #CitizenshipByInvestment #Cryptocurrency #EconomicDevelopment #FreedomVisaProgram

El Salvador, in cooperation with Tether – the world’s leading stablecoin issuer – has packaged a fresh citizenship-by-investment initiative, the “Adopting El Salvador Freedom Visa Program.” The goal of this unique program is to attract 1,000 investors who are prepared to make a substantial Bitcoin or USDT investment in the nation. The rewards for successful applications include receipt of the Freedom Visa, potential citizenship, and a golden opportunity to play an active role in El Salvador’s ambitious socio-economic transformation.

In partnership with Tether, El Salvador has launched this innovative program with the aim to build a conducive ecosystem where individuals can exercise an active role in shaping the country’s future. This program looks to enable catalytic economic growth and stimulate monumental societal change. Furthermore, the initiative is focused on building El Salvador into a global hub for state-of-the-art technology, financial innovation, cultural heritage, safety parameters, and societal progression. The mandatory participant qualifications include a non-refundable $999 deposit in Bitcoin or USDT during a streamlined application process. Successful applicants can then credit this deposit towards the required $1 million investment in Bitcoin or USDT that locks their Freedom Visa and routes towards acquiring citizenship. Tether’s contribution as technological facilitator is marked by providing crucial technology and payment support, bolstering the initiative.

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