Guys, let's help each other with this moon journey to glory. What is the best country for cashing out some gains on cryptos ?
Estonia ? Hong Kong ? Singapore ? Dubai ?
Future crypto millionaires thread
>>3343780
Slovenia is comfy in that regard
there are oppressive taxes but surprisingly, none on crypto
>>3343780
New Zealand. No capital gains tax, safe from almost all global disasters, comfy rural house/bunker.
>>3343841
>safe from almost all global disasters
but there be local ones such as rams and earthquakes *cough* christchurch *cough*
>>3343780
Lima. There is plenty of dollars here and a fast market for BTC. Anyone interested?
>>3343881
That's why house/bunker, build it strong and put in the reinforcements and build in an area away from the faultline; north island or the very south of south island.
>>3343903
The idea is to get your dollars back to the US, without paying taxes.
How would I even be able to cash out in another country?
Would New Zealand for example let me open up a local bank account? Would coinbase even let me send USD to a non USD bank foreign bank account?
>>3343930
No but you use a local and its law loopholes about crypto to cash out and get your money back clean as possible.
>>3343780
If you've used Coinbase, Shapeshift, Changelly, Bittrex, Kraken, GDAX, Gemini, Binance and were a US citizen at the time, there will be no running from taxes. Spend your time looking for a good CPA instead of getting Al Caponed.
>>3343780
based israel
>>3343950
Not really you can declare losses on BTC if IRC comes, but your money can come cleaner using tax heavens or offshore companies that have accounts in your name. Unless the FBI goes after you because of drugs there is no way financial intelligence will waste resources catching a low profile using current loopholes.
cambodia - no taxes at all bro