Liberland
Liberland is an unrecognized micronation on the Serbia/Croatia border. Only the low-cost e-residency product is a real, purchasable offering — full citizenship confers no internationally recognized legal rights.
Citizenship data
Approximately 1,400 citizenships granted out of 400,000+ applicants as of 2025 (some sources report application counts as high as ~800,000).
E-residency product
A real, low-cost e-residency product exists — online application, access to Liberland's e-government platform, ability to register companies, fees typically under $100. Practical enforceability of any associated tax benefits is limited given the lack of international recognition.
Governance activity
Liberland held a Congressional election entirely via blockchain in October 2024, electing 7 representatives. A comprehensive Citizenship Law passed unanimously in September 2025.
Treasury note
More than 99% of Liberland's reported reserves are held in Bitcoin — a concentration outside policy experts have called 'unwise,' with direct comparisons drawn to the risks El Salvador faced with its Bitcoin reserves.
Key risks
- Zero international recognition
- Physical access blocked since 2015
- 99%+ Bitcoin treasury concentration risk