Mark Damsgaard
Founder of Global Residence Index
Last updated: May 21, 2025
Yes, you can. We are among the few citizenship-by-investment agencies that accept Bitcoin and other cryptocurrencies as payment for new citizenship or residency.
We facilitate cryptocurrency payments for most of the programs we work with. Popular choices for our crypto-focused clients include the citizenship-by-investment programs in Vanuatu, Dominica, and St. Lucia, known for their efficient and straightforward application processes.
Yes. Once you are granted citizenship, our team will handle the passport application process on your behalf. Your passport can be couriered directly to you, or you may collect it from one of our office locations.
Absolutely. All programs we offer are officially recognized citizenship-by-investment programs, governed by the laws of the respective countries.
We specialize in citizenship-by-investment programs worldwide. With deep expertise in program details, we provide tailored guidance to help clients achieve second citizenship, including options paid for using Bitcoin or other cryptocurrencies. Reach out to us to explore how we can assist you.
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The concept of citizenship by investment has evolved to embrace the digital age, now encompassing cryptocurrencies such as Bitcoin. As these digital currencies gain broader acceptance, they increasingly influence financial transactions, including residency and citizenship. Investors who have amassed wealth in decentralized digital assets can now leverage their holdings to secure citizenship in select countries. This expansion of the citizenship investment landscape provides crypto investors with a novel pathway to achieve global mobility and diversify their assets on an international scale.
Given the volatile nature of cryptocurrencies, investors looking to utilize these digital assets for citizenship purposes must navigate through a landscape of evolving legislative frameworks. While countries have openly embraced cryptocurrencies as a form of payment for their citizenship by investment programs, others are cautiously examining the implications of such transactions. Investors must also consider the practicality of using cryptocurrencies for such significant investments, taking into account technological complexity, security concerns, and the changing regulatory environment.
Citizenship by Investment (CBI) programs offer individuals the opportunity to legally acquire a new nationality and an additional passport by making significant investments into the economy of the host nation. These programs are a fast-track to obtaining second citizenship, providing benefits such as increased global mobility and economic opportunities.
Countries with Citizenship by Investment programs usually have government-mandated investments options through which investors can qualify for citizenship. The investment often takes the form of either a financial contribution to a national development fund or real estate investment in the country. Some common characteristics of these programs include:
The eligibility criteria for CBI programs typically require the applicant to be of a certain age, have a clean criminal record, and possess legally obtained funds for investment. While specifics can vary by country, here are general requirements that applicants need to meet:
Each country’s CBI program has its own legal framework, designed to ensure that the process benefits the nation’s economy and adheres to international standards.
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Citizenship by investment programs demand stringent due diligence checks. Investors need to comply with the exhaustive vetting process that scrutinizes the legality and origin of their crypto assets. Regulatory entities, such as the IRS in the United States, have established tax reporting requirements for digital currencies. Investors must address any tax obligations in their home country, including capital gains tax, inheritance tax, and tax on worldwide income or assets.
They should also be aware of the tax implications in the destination country. Some nations offer tax advantages, like no income tax or tax exemptions on foreign-sourced income, which can be appealing to crypto investors. Engaging a reputable law firm with expertise in both cryptocurrency and international investment law is advisable to ensure compliance with all legislation.
Entities including regulators and governments are observing the growing trend of crypto for citizenship closely. Future changes in government legislation could impact the viability of using digital assets for such investments, making continuous monitoring of the regulatory environment essential.
When buying citizenship with cryptocurrency, the investment process involves due diligence to select the right program and secure financial transactions using crypto assets.
Investors should methodically assess the range of citizenship by investment (CBI) programs available. Programs such as those offered by Vanuatu, Dominica, and St. Lucia have been popular among crypto investors. They should consider factors such as the legitimacy of the program, the economic stability of the country, the potential for investment growth, and the benefits of the golden visa. Each program has its own cost structure and required proof of funds.
Documentary requirements often include personal financial statements, brokerage account statements, and documentation of crypto assets. Crypto investors must ensure that the program is crypto-friendly and has a history of successful cases with crypto-based investments.
Once an investment program is chosen, investors must secure their funds. They may need to convert their cryptocurrency into a fiat currency accepted by the program. Utilizing exchange and escrow partners familiar with CBI programs can facilitate the transfer. This may involve setting up an offshore bank account or working with escrow agents.
The proof of funds must be verified, and in many cases, investors use escrow agents to hold the funds in a secure account until the citizenship is granted. Careful documentation is critical throughout this process to meet both the CBI program’s requirements and any applicable cryptocurrency regulations. It’s essential to provide a clear personal financial statement to attest the legality and origin of the funds, and ensure smooth processing of the investment.
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Acquiring a second passport or citizenship through cryptocurrency investments presents unique advantages to investors seeking a plan B, but it also comes with potential risks that must be carefully navigated.
Investors looking to buy a second passport or citizenship with cryptocurrency like Bitcoin can enjoy several benefits:
This section covers key information for investors interested in obtaining citizenship through cryptocurrency investments, detailing the process and highlighting specific programs that cater to crypto investors.
Investors generally follow a process similar to traditional citizenship by investment programs, which includes selecting a suitable program, passing due diligence checks, and making the required investment in the designated form, which, in this case, is cryptocurrency.
Tax implications can vary widely depending on the investor’s home country and the acquired citizenship. Generally, dual citizens might be subject to tax reporting in both countries, and it is advisable to consult with a tax professional to understand the responsibilities and implications.
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As a trusted golden visa & citizenship by investment agent, our team is equipped to assess the ideal options for your unique situation, facilitate your application process, and keep you in compliance every step of the way. Our personalized investment migration consulting is your one-stop shop for obtaining a second citizenship or new residency. Fill out our contact form to get started with a complimentary consultation today.
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