Vanuatu: A complete citizenship for 44 Bitcoins!

The South Pacific island group Vanuatu (267,000 inhabitants) now also accepts Bitcoin for the purchase of a citizenship – cost: 200,000 US dollars or just 44 Bitcoins!

The Vanuatu Information Center (VIC) has officially announced that applicants for citizenship can now also pay in Bitcoin. A clever sign. Finally, Vanuatu is one of the island groups that are regarded as taxpayers, since no capital and income taxes are incurred. A very attractive place for all those who are concerned about tax avoidance.

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The active advertising with Bitcoin thus fulfills above all a marketing purpose, in order to lure high persons and possibly their own asset management. It is also attractive to citizenship to get visa-free access to 113 countries in the world – including Great Britain, Russia and the EU.

You do not have to live on the spot. It is possible to become a citizen of Vanuatu without having ever set foot on one of the islands. In the meantime, a regular competition has broken out among the many small island groups in the South Pacific to attract investors and companies.

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To the reproach that Bitcoin contributes more to conceal financial backgrounds, the Managing Director of VIC answers that the opposite is the case, since all transactions are recorded transparently in a register. So if you have a bit of Bitcoin, 44, you can let the benefits of Vanuatu go through the head again.

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