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Matthew Nirenberg
Nomad Capitalist
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Comments by "Matthew Nirenberg" (@matthewnirenberg) on "El Salvador is Giving Away FREE Second Passports" video.
Electricians and mechanics wouldn't qualify. Those aren't the professions being wanted. El Salvador only wants very highly skilled professionals as they're trying to build the country to be the next "place to be" and the leader in advanced technology. Honestly - the USA and EU can get stuffed - the more people (and countries) say "whatever" and "mind your own business", the better. The Caribbean CBI programs have some stupid idea that if they keep doing what the USA and EU demand, that they'll be able to keep their CBI programs - the USA and EU won't stop demanding the world until those programs end. Basically the USA and EU don't want their citizens to have any options to go anywhere else as they want to take all their wealth through taxation to try to cover up the financial disaster the govts have caused. The smart people are leaving now. El Salvador is doing well to ignore the USA and EU. BTC is a real currency as a result - now its up to people to demand their countries quit taxing it as crypto and that it gets taxed as currency (i.e. normally).
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Nope - you're confusing the two programs. Currently the one million in BTC donation program is for the rich (i.e. the current program), the video is primarily about the new program where 5000 "professionals" (engineers, scientists, doctors, artists, philosophers, etc.) will be able to move there full time to help the country grow in return for free citizenship and zero import taxes on everything they bring with them when moving there.
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@rickboyerdev No one is linking it as its still "in the works". Once its fully documented and "happening" (maybe a month or two) it'll likely be on El Salvador's Immigration department website. I've looked thoroughly and the only program is the "freedom passport" program which is the one million in BTC donation path. Generally speaking there's a 4-6 month delay between a program being announced and it actually starting - the only outlier being Vanuatu who announce programs but don't start them.
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The program has been announced, its not running just yet.
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@copaul71 Program hasn't launched yet which is why people can't find it. The only program that can be found is the "freedom passport" which is the one million BTC donation option.
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Cost is irrelevant. Very few of the "riff raff" would even qualify for this new program. How many people that most would consider to be "riff raff" are highly experienced engineers, scientists, doctors, etc.? Very few. Heck the courses, experience and equipment for much of these things far exceeds $100k. Also the type who would be considered "riff raff" aren't going to move their entire life to one place and contribute to the country. As for El Salvador being the BTC mecca then the primary thing they need to do is try to force the other major countries to quit treating BTC as crypto for tax purposes. BTC is legal tender/currency in El Salvador, therefore it should be treated globally as any other currency is. However currently BTC is taxed to insane levels in most western countries as they treat it as crypto, not as a currency. Last I checked, I didn't have to track the gains and losses (for tax purposes) for having 500 Euros in my wallet from my last trip to Europe - yet for BTC that must be tracked and then taxed at a much higher level because the tax department consider crypto to be a "special asset" subject to high tax instead of being a currency (which it legally is thanks to El Salvador). The western countries want it every way (that benefits their theft... sorry I mean taxation) when in reality that just isn't workable. Either BTC is currency and subject to normal treatment like Euros or USD, or there's a lot of work that countries like El Salvador need to do in order to have their legal currencies respected.
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You will have to pass the end of highschool exams with very high marks, then qualify to enter the relevant university courses and pass them with high marks. Then its 10yrs of experience working in that field, then and only then are you able to actually lead projects, create knowledge and publish papers that create new knowledge and win industry awards. There's no "quick way" and don't bother with "diploma mills" or "fake quals" - literally every legitimate and recognized qualification is very easily verified online through the relevant governing bodies who authorized legitimate institutions to issue the qualifications. The days of people "faking it" are long gone in any 2nd or 1st world country. Also note that "faking it" in regulated professions will likely result in long jail sentences in most countries when found to not be genuinely qualified.
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