El Salvador

Ever since Nayib Bukele announced El Salvador to make bitcoin a legal tender, it got on every Bitcoiner’s radar. 
Recently they launched a Freedom Visa – citizenship via donation program.

Key points

133+ countries

Visa-free or visa on arrival access to over 119 countries and territories worldwide, including the United Kingdom, Hong Kong, Singapore and the Schengen Area.

No requirement

There is no requirement to reside in El Salvador before or after citizenship is granted.

Family citizenship

You, your spouse and kids under 18 will be part of the same application

Program Overview

NON-refundable donation

Donation entails a $1 000 000 non refundable contribution to country’s economy

Tax info

Residence: Individuals are considered resident in El Salvador if they remain in the country for an uninterrupted period of at least 200 days within a year.

Basis: Resident individuals are subject to income tax on their Salvadoran-source income. Nonresident individuals generally are subject to withholding tax on Salvadoran-source income.

Taxable income: Tax generally is imposed on all income arising from Salvadoran sources, including income derived from employment, capital, goods, and services.

Rates: Income tax rates are progressive, ranging from 10% to 30%. Nonresident individuals are taxed via withholding at rates of 20% or 25%, or at reduced rates for Salvadoran-source income obtained for certain types of services.

Capital gains: Capital gains are taxed at a rate of 10%.

*This is not financial or tax advice, Plan B passport is not an expert in accounting matters. We always advise our clients to get a qualified consultancy with a certified accountant, tax lawyer or an attorney.

Visa-free entry
Estimated processing time


El Salvador PASSPORT

  1. Complete KYC process and a $999 deposit
  2. Submit necessary paperwork
  3. Once due diligence is completed - make the $1 mln donation in BTC or USDT
  4. Receive passport in El Salvador or country’s embassy abroad
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