Nuri Katz, the founder of Apex Capital, claims that cryptocurrency is progressively assisting people in purchasing freedom in a world where having financial flexibility and having the ability to travel abroad are highly desired.
Roundtable connector At the recent Bitcoin Conference, Rob Nelson and Katz had a conversation on the specifics of obtaining citizenship through investment using digital assets such as bitcoin.
Katz clarified that they assist individuals in obtaining citizenship through various investment products and represent them in the quasi-judicial processes mandated by governments. In-depth due diligence and KYC (Know Your Customer) procedures are used in this process to make sure applicants adhere to strict international security regulations.
Katz explained that the investing process can involve real estate, government bonds, or even donations to smaller countries for individuals who were curious about the technicalities. These nations, along with a number of Caribbean states and Malta, welcome investment as a means of strengthening their economies. Katz remarked, “You can’t do this in France,” highlighting the special prospects of small countries.
The subject of why people pursue citizenship through investing came up next. According to Katz, this strategy offers jurisdictional arbitrage, allowing people from nations with more stringent travel laws more freedom to move about. As a means of risk management and diversification, he noted that even Americans are becoming interested in these products. Katz emphasized that it’s extremely dangerous to have all of your investments in one asset type.
There is more to this diversification than just financial assets. Getting a second citizenship provides protection against future political unrest in one’s native nation. As Katz put it, “You’re hedging your life and your bitcoin,” underscoring the tactical benefit of holding several citizenships.
Nelson emphasized the benefits of this approach as he concluded the conversation. Those who hold two citizenships have the freedom to travel and reside anywhere in the globe without being constrained by the laws of one nation. In Katz’s words, “If you’re an American citizen alone, you’re bound by one government.” You are now constrained by a single government.
Governments are still experimenting on the blockchain with citizenship and identity. Palau, an island nation, just launched its digital ID card program on Solana.
