{"id":261,"date":"2014-05-19T06:20:00","date_gmt":"2014-05-19T06:20:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/give-250000-in-bitcoin-get-second\/"},"modified":"2014-05-19T06:20:00","modified_gmt":"2014-05-19T06:20:00","slug":"give-250000-in-bitcoin-get-second","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2014\/05\/give-250000-in-bitcoin-get-second.html","title":{"rendered":"Give $250,000 in Bitcoin, get second citizenship"},"content":{"rendered":"
\nLap dances. Horseback rides. Wine tours. A night
\nwith a Las Vegas escort. <\/i><\/b><\/div>\n
\n<\/p>\n

<\/i><\/b><\/div>\n

\nYou can buy just about anything with
\nBitcoin these days.<\/i><\/b><\/div>\n
\n<\/p>\n

<\/i><\/b><\/div>\n

\nNow, you can add citizenship to that list.<\/i><\/b><\/div>\n
\n<\/div>\n
\n<\/a><\/div>\n
\n<\/div>\n
\n<\/div>\n
\n<\/div>\n
\n(CoinTelegraph<\/a>)<\/i> Introducing: Passports for Bitcoin, a project
\nthat sets clients up with citizenship to balmy Caribbean island-nation St.
\nKitts and Nevis, payable in cryptocurrency. St. Kitts and Nevis has offered a
\n\u2018citizenship by investment\u2019 program since 1984 that accepts investment into the
\nlocal economy in exchange for a spanking-new passport.<\/div>\n
\n<\/div>\n
\nThe process, which takes 3 to 4 months,
\nisn\u2019t cheap. Wannabe citizens must either buy local real estate worth $400,000
\nor more, or donate at least $250,000 to the Sugar Industry Diversification
\nFoundation (SIDF) \u2013 on top of a nonrefundable application fee of about $60,000
\nper applicant plus an additional $30,000 for each one of his or her dependents.<\/div>\n
\n<\/div>\n
\nFor those who can afford it, though,
\nholding a St. Kitts passport offers a number of benefits. Aside from the
\nstunning seas, sands, and climate offered by the Caribbean country, St. Kitts doesn\u2019t
\ntake any income, wealth, or inheritance taxes; citizens get visa-free travel to
\n140 countries and a 10-year multiple-entry visa to the United States. <\/div>\n
\n<\/div>\n
\nFor clients from politically tumultuous
\ncountries or ones with invasive policies on individual privacy, the citizenship
\nprocess offers more abstract benefits: freedom and privacy.<\/div>\n
\n<\/div>\n
\n\u201cToday\u2019s news headlines are filled with
\nstories from around the globe about upheaval, increased taxes, and governments
\nexerting more and more control over citizens\u2019 freedoms and privacy,\u201d the
\nPassports for Bitcoin website says. \u201cHaving a second citizenship and passport
\nin a stable country is now a must in order to hedge against governmental
\nintrusion and excessive taxation.\u201d<\/div>\n
\n<\/div>\n
\nAdditionally, the process is confidential \u2013
\nhome countries aren\u2019t notified that their citizens have applied for or received
\na second citizenship.<\/div>\n
\n<\/div>\n
\nExactly how many clients have bought a St.
\nKitts passport with Bitcoin isn\u2019t clear. The website of the project\u2019s parent company,
\nInternational Investments & Consulting, Ltd., says it has processed over
\n100 applications, though it does not specify how they were paid for.<\/div>\n
\n<\/div>\n
\nIt\u2019s clear, though, that the option is
\npopular amongst the rich and famous. Roger Ver, an American Bitcoin
\nentrepreneur and \u2018angel investor\u2019 in Bitcoin startups, has bought himself a
\npassport to St. Kitts, as has as the so-called \u201cMost
\nInteresting Man on Instagram\u201d millionaire\/poker player\/playboy Dan
\nBilzerian.<\/div>\n
\n<\/div>\n
\n\u201cI became a St. Kitts citizen several years
\nago as a hedge against possible world political turmoil which could negatively
\naffect the United States,\u201d Bilzerian wrote in a testimonial
\non the Passports for Bitcoin website. \u201cI value freedom more than almost
\nanything else and a second or third passport provides me insurance just in case
\nthe U.S. government decides to value security over freedom.\u201d<\/div>\n
\nThe founder of Russian social network site Vkontakte, Pavel Durov, also bought
\nSt. Kitts citizenship last month after fleeing the country under pressure from
\nthe government over data protection and privacy.<\/div>\n
\n<\/div>\n
\nIt is unclear whether Durov paid for his
\npassport in Bitcoin. <\/div>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lap dances. Horseback rides. Wine tours. A night with a Las Vegas escort. You can buy just about anything with Bitcoin these days. Now, you can add citizenship to that list. (CoinTelegraph) Introducing: Passports for Bitcoin, a project that sets clients up with citizenship to balmy Caribbean island-nation St. Kitts and Nevis, payable in cryptocurrency. […]<\/p>\n","protected":false},"author":1,"featured_media":836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,468,679],"tags":[764,1126,1332],"yoast_head":"\nGive $250,000 in Bitcoin, get second citizenship -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2014\/05\/give-250000-in-bitcoin-get-second.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Give $250,000 in Bitcoin, get second citizenship\" \/>\n<meta property=\"og:description\" content=\"Lap dances. Horseback rides. Wine tours. A night with a Las Vegas escort. You can buy just about anything with Bitcoin these days. Now, you can add citizenship to that list. 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