14min chapter

Bitcoin Rapid-Fire cover image

Everything You Wanted To Know About Moving To El Salvador In 2023 w/ 'Escape To El Salvador'

Bitcoin Rapid-Fire

CHAPTER

Bitcoin Adoption and Financial Practices in El Salvador

This chapter explores the adoption of Bitcoin in El Salvador, focusing on the tax implications, daily transactions using Bitcoin, challenges of paying rent with cryptocurrency, and solutions like using Bitrefill for bill payments. It also discusses the ease of gun ownership in the country, the process of acquiring a license, and the prevalence of firearms. Additionally, the chapter touches on buying real estate in El Salvador with Bitcoin, emphasizing the importance of property research and the diverse geographical regions available for potential residents.

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