El Salvador’s president, Nayib Bukele, has been making waves in the global community by recognizing bitcoin as a legitimate means of payment and touting his country as a safe haven for foreigners.
In a tweet that harkens back to vintage American-style posters, Bukele invites people to move to his “new land of free people,” highlighting the benefits of bitcoin acceptance and the tight security measures that have resulted in a sharp drop in homicide rates.
Bukele is urging people to take advantage of El Salvador’s tranquil environment and unique position as a world center for the crypto industry.
In February 2022, he promised to make naturalization for migrants easier by offering Salvadoran citizenship in exchange for bitcoin investments.
And in March 2023, he took another bold step by announcing the abolition of all taxes for technology companies, further cementing El Salvador’s position as a hub for innovation and growth.
With Bukele’s leadership, El Salvador is quickly becoming a trailblazer in the world of cryptocurrency and a beacon of hope for those seeking a safe and prosperous home.
The president’s commitment to ensuring a peaceful and secure environment, coupled with his progressive policies, is transforming El Salvador into a country that is both forward-thinking and welcoming to all.