<…>
The 1M $, according to their promotional site (see link listed below) is meant to be used for:Quote
Their $1 million contribution will go toward economic development, cultural enrichment and social programs meant to achieve maximum economic development and rebirth.
In parts of their site, they use the term "invest", though it certainly looks more like a donation than anything (certainly not an investment of a type that one would expect a direct return from). Their terms use the term "donation", which is more adequate the term "investment" used throughout the site.The offer (so as to say) is delimited to 1K people per year. I’m not really convinced that they’ll really need to apply such a limit in practice, specially for a passport that’s not really very high up in the passport rankings.
See:
https://adoptingelsalvador.gob.sv/welcome
Thank you for the info Ddmr: we tend to run for conclusions in topics we don't fully understand, but everything is a bit clearer with relevant insight.
So it seems that the Salvadoran government is looking for new funding channels, and that it's directly selling the nationality (limited offer: up to 1000 people per year
). If I was in a position where I could spend such amount of money without hesitating, I would prefer to donate it directly to causes I really like rather than any government, even if the latter has the mentioned incentives attached.Trying to find out an exception, if I was a Cuban for example and got rich thanks to cryptos, I would think about it in order to get the second nationality and escape the country. But I think that this kind of cases are very unusual.
