RATE Group | Bitcoin Can Buy Citizenship in Antigua and Barbuda
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Bitcoin Can Buy Citizenship in Antigua and Barbuda

29 Jul Bitcoin Can Buy Citizenship in Antigua and Barbuda

Posted at 18:18h in Bitcoin News by

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Individuals may now purchase citizenship in Antigua and Barbuda with bitcoin and other cryptocurrencies. 

Buying Citizenship in Bitcoin

The independent Commonwealth country comprising its two namesake islands has officially amended its Citizenship by Investment Programme Act. It now accepts payment in bitcoin 00 and other cryptocurrencies.

As reported by Antigua News Room, the resolution was passed in the Lower House on July 22 “without debate.”

Citizenship through the Act may also be purchased in Euros and other fiat currencies. Announced the country’s finance minister:

So not only are we providing the capacity for payment in Euros, but we are also proving for payments using bitcoin and other cryptocurrencies.

Antigua

‘Moving Money is Important’

The prime minister stated that the amendment to the Act was important because “moving money is important and if you cannot move money you cannot receive it.” He continued:

So it is quintessential that we have a payment mechanism that…

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