Overview

• El Salvador's President Nayib Bukele announces a plan to offer 5,000 free passports to highly skilled professionals worldwide, including scientists, engineers, doctors, artists, and philosophers.
• The initiative grants full citizen status, including voting rights, and promises 0% taxes and tariffs on moving families and assets, aiming to have a significant impact on the country's future.
• El Salvador, the first country to adopt Bitcoin as legal tender, continues its efforts to attract foreign investment and talent through innovative policies.
• The move has been seen as part of Bukele's broader strategy to stimulate economic growth and secure El Salvador's position as a global innovation hub.
• Critics raise concerns over Bukele's strong-arm tactics in governance, including a controversial crackdown on crime resulting in human rights abuses.