Friday, May 10, 2024

Antigua accepts Bitcoin Cash for its Citizenship program

Antigua and Barbuda to accept cryptocurrency Bitcoin Cash (BCH) as a payment for the Citizenship by investment programme, according to this press release.

Antigua becomes the second country to accept Bitcoin as cryptocurrency for the purchase citizenship. Last year Vanuatu made headlines that Bitcoin is accepted for its Citizenship program but the Vanuatu government later announced they will not accept Bitcoin as payment. However few Agents do accept Bitcoin for Vanuatu citizenship program.

In a latest press release from CoinGeek

In this globally unique opportunity you can enjoy citizenship in Antigua and Barbuda through the Citizen by Investment Program, using a Bitcoin BCH payment initiative organized by Antigua’s official Bitcoin Envoy Calvin Ayre.

The investment for the citizenship can be paid for in Bitcoin BCH, the only true Bitcoin, enabling fast, safe transactions at very low cost. This has been recognized by the Government of Antigua for creating economic freedom for all members of society.

Bitcoin cash

For those who are new to cryptocurrency, Bitcoin Cash (BCH) is not the real Bitcoin (BTC), it is a variant of Bitcoin. As of today the real Bitcoin (BTC) currently trades around $8200 while Bitcoin cash (BCH) trades around $1200 per coin. The most popular cryptocurrencies in the world are Bitcoin (BTC), Bitcoin cash (BCH), Ethereum (ETH), Litecoin (LTC). This means, You can buy Antigua citizenship with  83 BCH, as the contribution requirement for Antigua citizenship program is $100,000

Calvin Edward Ayre is a Canadian-Antiguan entrepreneur based in Antigua and Barbuda, and the founder of the Ayre Group and Bodog entertainment brand. In 2000, Ayre launched online gambling company Bodog, the success of which made him a billionaire, according to Wikipedia.

Source:

https://www.prnewswire.com/news-releases/coingeekcom-offers-tax-optimized-citizenship-in-antigua-for-bitcoin-bch-today-682883931.html
https://antiguaobserver.com/editorial-cip-bitcoin-cash-accepted-here/

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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