"The government will immediately grant permanent residency to crypto entrepreneurs."
Today, his proposal was approved by 62 official members of parliament against 19 votes against. Explaining the bill, Bukele added that the country is also proposing a new law to parliament that would allow anyone with a 3-bitcoin investment in the El Salvadorian economy to obtain permanent residency.
It is interesting to know that the official currency of El Salvador is the US dollar. About a quarter of El Salvadorians live in the United States, and last year they sent more than $ 6 billion in remittances despite the Corona epidemic.
This is not a bad idea, ideas like this are always going to attract big investors to El Salvador.So the president knows what he’s doing. Another area I think they should look into is the area of security. I have seen a lot of people who complain about how bad it can be living in El Salvador, and they have said that it is not a safe place to live because of things like street gangsters and the rest of them. Before people choose a place to live they always consider a lot of things,although the kind of offer that we get is also included in that, but safety always comes first.