Nayib Bukele, the President of El Salvador, has announced the allocation of 5,000 free passports worth $5 billion. If reports are to go by, these complimentary passports will be offered to highly skilled professionals. This initiative, valued at $5 billion within the country’s passport program, aims to attract scientists, engineers, doctors, artists, and philosophers from abroad.

Referring to this, Bukele added that this will account for less than 0.1 percent of the country’s population. And since it’s a small number, granting them full citizenship, including voting privileges, will not pose any logistical challenges. Additionally, he pledged facilitation of their relocation, ensuring zero taxes and tariffs on the transfer of families and assets, including valuable items, such as equipment, software, and intellectual property.