In June 2021, in El Salvador, a historic and pioneering vote took place at a global level. Even more historic was the fact that the most important part of the event did not take place in the national parliament, but in a Twitter “space”. There, in the Club House clone created by Twitter, the president of the country, Nayib Bukele, gave many more details about the law to thousands of listeners compared to the points of the bill that the deputies were debating in the chamber. The Central American country had just become the first on the planet to legalize bitcoin as a legal currency. And what does that mean? It is still too early to tell, but this is what the bill says. He also hinted and later tweeted about a permanent residency by making a 3 BTC investment.

Permanent residency status in El Salvador can also lead to citizenship through naturalization, on a time-frame of 1-5 years. Those eligible include:

• Persons who are nationals of Spain or Latin American countries, who have established a one-year residency;
• Foreigners from anywhere who have established a five-year residence in the territory;
• Foreigners who are married to Salvadoran spouses and have established a two-year residency; or
• Persons who have rendered exceptional service to the nation. (Available only by legislative decree).