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Topic: Question About Golden Visa - Invest with BTC (Read 395 times)

newbie
Activity: 1
Merit: 0
October 23, 2020, 08:20:46 AM
#27
There are a few countries around that allow BTC investment. There's a lot of information on CIB here https://govisafree.com/citizenship-by-investment-programs/ I recommend you give it a look
full member
Activity: 516
Merit: 100
Hei everybody
I don't think it will overcome the government regulation. Once there is any financial institutional approve for visa/master with cryptocurrency then it will be come great and promises project. Hope for the success.  Smiley   
full member
Activity: 980
Merit: 115
Hello community,

I happened to read something about "Golden Visa"
If you make certain amount of investment in business/property in some countries, you will be offered a citizenship

My question is, I saw there are some sellers selling their property for BTC on the forum
If I buy the property and pay with BTC, should I be included in the program? (let's assume the country has such program)

What do you guys think, and what will be the problems?
I don't think the countries that offer such incentive are much its almost impossible in my country if you life buy the whole properties in my country it will never make you a citizen until you fulfill all the requirements for being a citizen. And if you buy bitcoin today you are automatically part of the bitcoin network.
legendary
Activity: 2030
Merit: 1573
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blackrabbit1, it is true that some countries offer citizenship, residency or immigration by investment, but I do not see any country except Antigua and Barbuda, and Vanuatu to accept BTC as a means of payment for that service.

Antigua and Barbuda offers citizenship for 200k USD no return, or 400k USD investment later to be returned to you. They will of course check your background and wealth origin. They do accept bitcoin directly. The money they collect is for their rebuilding efforts, mostly housing projects. If i had that money i would do it right now, but alas...
full member
Activity: 546
Merit: 100
Yes I think this is possible because there is no rule that buying property using bitcoin is not allowed. The bottom line is to buy or to invest but no designated currency that need to use to buy or to invest. I think nothing is different between bitcoin or cash in terms of buying because bitcoin is convertable into cash and cash is convertablee into bitcoin.
sr. member
Activity: 445
Merit: 250
I understand that now they are looking for any ways to implement and use Bitcoin. And to increase the amount of investment. Well, that's all right.
newbie
Activity: 1
Merit: 0
I heard that Antigua & Barbuda citizenship by investment program allows bitcoin as an investment, but you must first convert it to fiat currency. You should check out these.

https://nomadcapitalist.com/2018/10/26/what-can-you-buy-with-bitcoin/
https://getgoldenvisa.com/antigua-barbuda-citizenship-by-investment/

jr. member
Activity: 667
Merit: 1
February 21, 2019, 05:00:53 AM
#20
I don’t think bitcoin is accepted for this kind of opportunity. Thought it’s a very nice one and I have seen people make use of it and it worked for them but I have not seen anyone does so with bitcoin. And also it depend on the status of bitcoin and cryptocurrency in the country of your choice. But majorly for now, it’s mostky done with fiat in respect of the currency of the country of your choice.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
February 21, 2019, 02:49:20 AM
#19


If you want citizenship, why not just try to marry someone in the country? I think you can arrange things for this.

Is the easiest that you can do, I see you don't have problems with money, you can buy a property after that. BTC to fiat is the first thing to do if you wanna buy a property, don't try to force your way to buy using BTC. You know its not possible as of now. You can file a divorce later.

It's funny but it's true, if just the citizenship is his issue then why complicate things if marrying someone is the best way. Though this isn't easy as it looks but he should try this first before that golden visa thing.

Otherwise you won't be sure of those people that selling their property here, better to see it for yourself or contact an real estate agent in that specific location.

Is this really so unregulated that it's possible to do? It seems more extreme than buying property imo as its generally illegal and maybe op wanted the properties or they could just sell them on when they get there...
full member
Activity: 1099
Merit: 116
February 21, 2019, 12:21:13 AM
#18
Hello community,

I happened to read something about "Golden Visa"
If you make certain amount of investment in business/property in some countries, you will be offered a citizenship

My question is, I saw there are some sellers selling their property for BTC on the forum
If I buy the property and pay with BTC, should I be included in the program? (let's assume the country has such program)

What do you guys think, and what will be the problems?

It depends on the legal status of bitcoin in that country where you are planning to migrate. If bitcoin is a legal form of currency in that country, you should not run into any issue. But if bitcoin is considered illegal, you may face a lot of problem.

You should look for migrating to Antigua because as far as I know, it accepts bitcoin as a currency and you can purchase their citizenship using bitcoin. Hope this helps!

Obviously right. It depends on a country where the status of Bitcoin is either legal or illegal. If Bitcoin is legal in that territory, you may get visa and green card but otherwise not. Some European countries are favorable for Bitcoin. So you can try there.
full member
Activity: 1092
Merit: 117
February 21, 2019, 12:01:20 AM
#17
Bitcoin is not yet legalized as a payment method in any country right now, as far as I know so this would not help you. I don't understand why you want to buy it necessarily with bitcoin when you can exchange it in cash and buy it. It would be much easier and you are assured of getting a Golden Visa, of course this depending of every countries rules.
hero member
Activity: 1022
Merit: 503
February 20, 2019, 11:51:03 PM
#16


If you want citizenship, why not just try to marry someone in the country? I think you can arrange things for this.

Is the easiest that you can do, I see you don't have problems with money, you can buy a property after that. BTC to fiat is the first thing to do if you wanna buy a property, don't try to force your way to buy using BTC. You know its not possible as of now. You can file a divorce later.

It's funny but it's true, if just the citizenship is his issue then why complicate things if marrying someone is the best way. Though this isn't easy as it looks but he should try this first before that golden visa thing.

Otherwise you won't be sure of those people that selling their property here, better to see it for yourself or contact an real estate agent in that specific location.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
February 19, 2019, 09:48:43 PM
#15
As I read it you make an investment for Greece that is worth $250000 I guess if you bought the properties with gold (about 8kg) then what's the difference. Also how are they going to know if you traded that amount in cash or in bitcoin.
sr. member
Activity: 1190
Merit: 255
February 19, 2019, 02:19:24 PM
#14


If you want citizenship, why not just try to marry someone in the country? I think you can arrange things for this.

Is the easiest that you can do, I see you don't have problems with money, you can buy a property after that. BTC to fiat is the first thing to do if you wanna buy a property, don't try to force your way to buy using BTC. You know its not possible as of now. You can file a divorce later.
hero member
Activity: 1806
Merit: 672
February 19, 2019, 02:10:45 PM
#13
Why make the mode of payment your problem when you can easily convert your BTC to Fiat in that county? You see your main problem here is really not a problem, if you are having second thoughts on how your BTC payments for real estate properts will reflect on your records as investment then go on the safer and proven method which is paying in their local fiat currency. If you are looking to buy lands from people who accept BTC payments then I'm sure you can negotiate them on accepting their own fiat currency.

And also I don't think you need to worry about what you need to pay at all because Golden Visas are only handed out to certain individuals who will reach the minimum amount of investment capital to their country and it doesn't go cheap especially to developed countries like England.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
February 19, 2019, 01:41:16 PM
#12
I didn't know such programs exist but by logic, It's based on the value of the property, not the means of payment to pay it  Wink
Imagine different rules for different payments means used to "invest" in your property. Saying no to someone because he paid the property with  400 tons of peanuts Cheesy. And you don't report your payment methods to the taxes office Wink
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
February 19, 2019, 01:09:58 PM
#11
I am sorry I just can't understand! For those who say that the country must accept Bitcoin as a way of investing, can't we just make the deal with Bitcoin as a side deal and on paper, it can be the local currency of the country we want to invest in? For example, if I buy land in the USA from someone who is willing to accept Bitcoin we can just agree on the price of Bitcoin in term of $ and I pay him Bitcoin and on papers, we put $$ that is an easy workaround if you really want to pay with Bitcoin.

Though I an not actually aware how exactly it works but I do not think you can take liberty of doing payment in bitcoin and putting native currency in documents. In reality, it might be considered as document forging,giving wrong information to the government and might be considered as criminal offence.
sr. member
Activity: 840
Merit: 266
February 19, 2019, 12:12:51 PM
#10
I am sorry I just can't understand! For those who say that the country must accept Bitcoin as a way of investing, can't we just make the deal with Bitcoin as a side deal and on paper, it can be the local currency of the country we want to invest in? For example, if I buy land in the USA from someone who is willing to accept Bitcoin we can just agree on the price of Bitcoin in term of $ and I pay him Bitcoin and on papers, we put $$ that is an easy workaround if you really want to pay with Bitcoin.
member
Activity: 490
Merit: 13
February 19, 2019, 12:03:47 PM
#9
Hello community,

I happened to read something about "Golden Visa"
If you make certain amount of investment in business/property in some countries, you will be offered a citizenship

My question is, I saw there are some sellers selling their property for BTC on the forum
If I buy the property and pay with BTC, should I be included in the program? (let's assume the country has such program)

What do you guys think, and what will be the problems?
Read about Greece, Spain, Malta etc.
legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
February 19, 2019, 10:13:14 AM
#8
blackrabbit1, it is true that some countries offer citizenship, residency or immigration by investment, but I do not see any country except Antigua and Barbuda, and Vanuatu to accept BTC as a means of payment for that service.

However this should not be a problem, you just need to sell BTC and then invest fiat. I think these two countries will also carry out certain checks before allowing payment in cryptocurrency, otherwise many would take advantage of paying in crypto - but you will always have to prove the origin of money, regardless of which way to pay.

I also advise you to check all well, and not to trust some agents who offer visa services / you will lost money and visa.

All you need to know is presented on this site : Golden Visas
The link provided gives a clear data about the countries that provide with citizenship and the investment amount required to get the citizenship. Very few countries have started accepting bitcoin while majority are into fiat payment as there is more legal formalities that needs to be done for the same.
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