Video Briefing

Goodlife Investor: THIS Passport actually has VISA FREE access

Oct 18, 2023Video Briefing32:21Watch on YouTube

Liberland is described as moving from an experimental micronation concept into a more active settlement, citizenship, and governance project. The transcript focuses on its physical entry into the territory, passport recognition efforts, merit-based citizenship model, development projects, security arrangements, company formation system, and longer-term plans for digital and floating infrastructure.

Physical settlement and access to Liberland

A major milestone described is the peaceful entry of a group of Liberlanders into the territory on August 6 during the Floating Man festival. Around 70 people reportedly went to Liberland, showed their documents, exited Croatia, entered Liberland, and were not arrested.

This was presented as a major shift after years of difficulty accessing the territory. Earlier attempts to enter had resulted in arrests or confrontations with Croatian authorities. The transcript says that, after eight years, Liberlanders were able to enter peacefully without obstacles.

Croatia is described as not officially treating Liberland as part of Croatia. According to the transcript, Liberland does not appear on Croatian maps as Croatian territory, and this position has not changed.

Serbia is also mentioned. Eleven days after Liberland was declared in 2015, Serbia reportedly stated that it did not mind the creation of Liberland because it was not established on Serbian territory. This is presented as an important part of the project’s legal and diplomatic narrative.

Tension with Croatia remains a caveat. The transcript acknowledges that Croatia had problems with access before and may have further problems in future. The project expects “pullbacks” and back-and-forth issues, especially as settlement and construction expand.

Why Liberland was created

The stated motivation for Liberland is that existing countries are difficult to reform. The argument is that it may be easier to start a new country with freedom-oriented people than to change an old state that has built its institutions over hundreds of years.

The main objectives described are:

  • reducing excessive regulation;
  • reducing excessive taxes;
  • creating a society oriented around economic growth;
  • attracting people with a shared freedom-focused mindset.

The transcript claims that removing excessive taxation and regulation could allow a healthy society to grow at 15% to 20% per year.

Passport recognition and travel value

The Liberland passport is not presented as one of the strongest passports in the world today. Its recognition is still developing and varies by country.

The transcript states that around 40 countries may allow travel on the regular Liberland passport, while around 45 may accept the diplomatic passport. This is given as an approximate current position.

The most strategically important countries discussed are:

  • Dominican Republic;
  • El Salvador;
  • Kenya;
  • smaller countries in Africa;
  • Oceania and Pacific countries.

The Dominican Republic is described as the biggest recent diplomatic achievement. The process reportedly began with a proposal pushed through the Dominican Republic’s parliament or congress, then moved into negotiations with the foreign ministry and other ministers. The goal is recognition of regular Liberland passports and documents.

El Salvador is described as strategically important because of its Bitcoin initiative. The transcript states that Liberland already has access there with diplomatic passports, with a goal of later expanding recognition to regular passports.

In Africa and Pacific/Oceania countries, the transcript describes de facto recognition of regular Liberland passports. Kenya is cited as a specific example, with “20–40” stamps and visas reportedly issued.

The transcript also says Kraken recognized Liberland passports from the beginning, allowing people to use Kraken services with those passports.

Citizenship and merits

Liberland citizenship is presented as more than passport access. The main benefit described is participation in a country structured like a shareholder system.

Every citizen reportedly receives 5,000 merits. These merits are described as:

  • collateral within the system;
  • a pension or welfare-style reserve;
  • a way to unstake value if the citizen needs money from the state;
  • a mechanism for voluntary taxation and contribution;
  • a basis for land settlement rights.

The transcript states that the value of a merit was doubled due to substantial interest and is now $2 per merit.

Citizens can also earn more merits by contributing to Liberland through time, skills, contacts, or other forms of value.

Merits also provide land settlement rights. Every 10 merits gives the right to settle 1 square meter of land. Therefore, 5,000 merits gives the right to settle 500 square meters.

At the current stage, citizens can reportedly choose where to claim their parcel in Liberland. The transcript says this will continue for a few more months before remaining land is auctioned.

To receive the regular passport, a citizen must take one additional step in the system, described as pressing one button to have it issued.

Development projects inside Liberland

The transcript describes active physical development in Liberland. Projects mentioned include:

  • homes;
  • sandbag domes;
  • yurts from Kazakhstan;
  • a first Liberland hotel;
  • a fitness center;
  • a small sauna city near the hotel;
  • modern diesel generators;
  • battery storage;
  • hot water infrastructure.

The hotel is described as an initial €10 million investment project into Liberland’s territory. Four other larger development projects are also said to be ongoing.

Liberland is framed as a testing ground for new technologies, especially because much of its infrastructure can be built from scratch.

Security and privacy

The transcript distinguishes between digital privacy and physical security.

Digital privacy is described as important because much of Liberland’s infrastructure and records are digital.

For physical security, Liberland reportedly hired the largest security company in Croatia or the region to protect its borders and respond to security-related incidents. A contract has reportedly been signed and is ongoing.

This is not described as a military force, but as a private security arrangement.

Recognition strategy

The transcript states that Liberland is operating in more than 100 countries seeking recognition. The goal is not described as direct “UN recognition,” because the United Nations is made up of sovereign states. Instead, the focus is on recognition by individual sovereign countries.

Recent diplomatic outreach mentioned includes:

  • meetings in the United States with Republican Party leadership;
  • meetings in Georgia with a member of the foreign committee;
  • meetings in India with an adviser or council member connected to Prime Minister Modi’s office.

Notable people mentioned in connection with Liberland include:

  • Lawrence Reed, economist;
  • Ron Paul, former U.S. congressman and presidential candidate;
  • Tarik Abasi, secretary of state and representative for the British king;
  • Thomas Walls, former U.S. diplomat;
  • Drew Binsky, travel creator given diplomat status.

The project is also seeking partners from Hollywood and diplomatic circles to increase global publicity.

Governance model

Liberland’s governance model is described as combining elements of:

  • corporation;
  • democracy;
  • republic;
  • monarchy;
  • DAO-based decentralized governance.

This is presented as a decentralized system that is now beginning to operate. The transcript claims Liberland may be 5 to 10 years ahead of other nation-states in governance innovation.

The project is described as experimental and adventurous, with no mature precedent for exactly what it is attempting.

Liberverse and digital infrastructure

Liberland also has a virtual development project referred to as the Liberverse.

The Liberverse is reportedly built using Unreal Engine 5 and designed to scale up to 10,000 people. The project has a technical base but still needs further development.

Development reportedly slowed because the person leading the virtual project became the physical mayor of Liberland and shifted focus to the real-world settlement.

New partners or a new company may take over development of the Liberverse.

Floating city and seasteading

Liberland is also attempting to scale beyond its land territory through floating infrastructure.

The transcript says Liberland is buying barges of around 4,000 square meters each and building under the Liberland flag in international waters in the Indian Ocean.

This floating-city project reportedly began at the end of the previous year or the beginning of the current year. It is described as a serious seasteading initiative and a way to decentralize Liberland’s physical footprint.

The stated position is that the barges are fully in international waters and outside the jurisdiction of other countries. The transcript says the issue has been examined in depth and no major jurisdictional problem is expected.

Samuel, described as Liberia’s ambassador to the UAE, is mentioned as helping both the floating-city project and Liberland’s blockchain governance, including work on DAO code.

Relationship with other micronation projects

Other micronation-style projects mentioned include:

  • Sealand;
  • Kingdom of Enclava;
  • Kingdom of North Sudan.

Sealand is described as the only entity among them with some status, mainly historical status. Liberland is friendly with Sealand, and there have been discussions about possible steps for Sealand’s development.

Real estate and settlement options

The transcript mentions several physical accommodation and property options connected to Liberland.

One example is a €200,000 luxury houseboat available for sale on the Liberland market. People can also reportedly build in Liberland, bring yurts, use quickly built domes, or camp while weather allows.

The Liberland Market is described as a platform where people can buy or sell goods and services using Bitcoin and other cryptocurrencies. It also supports Stripe and PayPal, making it possible to accept crypto even without direct wallet experience.

Company formation and business use

Liberland offers company formation through its e-residency program.

The transcript describes Liberland companies as fully in the Liberland jurisdiction. To strengthen legitimacy and compliance, a company must choose a physical secretary in Liberland. This is currently described as cheap because the system is new, but it may become more expensive later.

The physical secretary requirement is intended to show that the company has a real local presence rather than being only a digital registration.

Many companies are reportedly registered at Liberty Street 1, which is also described as the speaker’s residence in Liberland. This location physically exists and is becoming a business address, with a basement, wine storage, and a safe or treasury being built.

For payments and business operations, Bitwage is mentioned as an option. It is described as allowing money to move between crypto and the banking system. An example given is sending money to Argentina in 30 minutes with lower fees than an international transfer.

Tax and home-country caveats

The transcript suggests that Liberland may offer tax-related benefits, especially through companies. However, it also warns that individuals must consider their home country.

A person’s home country may not recognize Liberland or may still tax them under its own rules. Liberland does not have double tax treaties with all countries.

Using a Liberland company may be a different structure from claiming personal tax benefits. Companies can also collect merits through voluntary taxation, and this can be done in the company’s name rather than personally.

The main caveat is that anyone trying to use Liberland for tax planning must account for the tax rules of their existing country of residence or citizenship.

Practical risks and considerations

Liberland is still early-stage. The transcript presents it as a rare opportunity to join a developing country project early, but also makes clear that risks remain.

Key risks include:

  • incomplete international recognition;
  • differences between regular and diplomatic passport recognition;
  • continued Croatian tension over settlement;
  • early-stage infrastructure;
  • untested governance structures;
  • uncertain tax recognition by other countries;
  • reliance on future diplomatic recognition;
  • practical questions around security, banking, and compliance.

The project’s strongest claim is not that it already has a top-tier passport. The main proposition is early participation in a developing jurisdiction that combines citizenship, merits, land settlement rights, DAO-style governance, crypto-enabled business tools, physical settlement, and floating-city expansion.