Travel

Bitcoin May Now Buy You Citizenship in One of the Happiest Countries

With the 34th-most-“powerful” passport in the world and the fourth-highest happiness ranking, Vanuatu has a lot to offer.

Got some bitcoin burning a hole in your digital wallet? And paradise on the mind? You may be able to use it to buy a second passport.

Fork over 49.3 bitcoins, the equivalent of about $280,000 to a brokering agent, and your family of up to four might be able to receive passports to Vanuatu via so-called investment citizenship. The New Economics Foundation, a U.K.-based think tank, calls the South Pacific archipelago of some 80 islands the fourth-happiest country in the world. (It ranked No. 1 when the list was first published in 2006, but like the vagaries of the market, happiness can be a fleeting thing.)