In this video, I discuss 8 countries that do not tax Bitcoin profits.
Over time, Bitcoiners will move to the countries that treat them best, including countries that refuse to ban Bitcoin, as well as jurisdictions where capital gains on Bitcoin will not be taxable.
This is an ever-evolving regulatory and tax landscape, so make sure to consult with a tax advisor before making any plans.
Germany and Bitcoin:
https://nomoretax.eu/bitcoin-tax-haven-germany/#:~:text=Germany%3A%20no%20tax%20if%20you%20hold%20Bitcoin%20for%20one%20year&text=According%20to%20rule%2023%20EStG,600%20euros%20are%20tax%20exempted.&text=No%20matter%20how%20much%20you,them%20for%20over%20one%20year.
Malta and Bitcoin:
https://home.kpmg/mt/en/home/insights/2019/01/blockchain-tax-guidelines-in-malta.html
Portugal and Bitcoin:
https://www.globalcitizensolutions.com/portugal-bitcoin/#:~:text=According%20to%20the%20Portuguese%20tax,of%20Bitcoin%20for%20other%20currencies.
Belarus and Bitcoin:
https://www.forbes.com/sites/rogerhuang/2019/06/24/seven-countries-where-cryptocurrency-investments-are-not-taxed/#5127ee3e7303
Singapore and Bitcoin:
https://www.forbes.com/sites/rogerhuang/2019/06/24/seven-countries-where-cryptocurrency-investments-are-not-taxed/#28e87dd27303
Malaysia and Bitcoin:
https://news.bitcoin.com/eight-countries-that-dont-tax-your-bitcoin-gains/#:~:text=Malaysia,in%20the%20Southeast%20Asian%20country.
Cayman Islands and Bitcoin:
https://www.careyolsen.com/sites/default/files/CO_CAY_Blockchain-and-Cryptocurrency-Regulation-2019-1st-Edition_10-18.pdf
Cayman Islands residency:
https://nomadcapitalist.com/2019/04/08/cayman-islands-residency/#:~:text=In%20the%20Cayman%20Islands%2C%20you,a%20clean%20record%20with%20immigration.
Hong Kong and Bitcoin:
https://www.linkedin.com/pulse/hong-kong-issues-crypto-tax-guidance-what-you-need-know-arslanian/
U.S. "exit tax":
https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/#2bb10206287d
https://myrawealth.com/insights/beware-exit-tax
Taxes and space travel:
https://twitter.com/HODLAMERICAN615/status/1315859962753503232
Not investment advice! Consult a financial advisor.
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Taxes
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
Over time, Bitcoiners will move to the countries that treat them best, including countries that refuse to ban Bitcoin, as well as jurisdictions where capital gains on Bitcoin will not be taxable.
This is an ever-evolving regulatory and tax landscape, so make sure to consult with a tax advisor before making any plans.
Germany and Bitcoin:
https://nomoretax.eu/bitcoin-tax-haven-germany/#:~:text=Germany%3A%20no%20tax%20if%20you%20hold%20Bitcoin%20for%20one%20year&text=According%20to%20rule%2023%20EStG,600%20euros%20are%20tax%20exempted.&text=No%20matter%20how%20much%20you,them%20for%20over%20one%20year.
Malta and Bitcoin:
https://home.kpmg/mt/en/home/insights/2019/01/blockchain-tax-guidelines-in-malta.html
Portugal and Bitcoin:
https://www.globalcitizensolutions.com/portugal-bitcoin/#:~:text=According%20to%20the%20Portuguese%20tax,of%20Bitcoin%20for%20other%20currencies.
Belarus and Bitcoin:
https://www.forbes.com/sites/rogerhuang/2019/06/24/seven-countries-where-cryptocurrency-investments-are-not-taxed/#5127ee3e7303
Singapore and Bitcoin:
https://www.forbes.com/sites/rogerhuang/2019/06/24/seven-countries-where-cryptocurrency-investments-are-not-taxed/#28e87dd27303
Malaysia and Bitcoin:
https://news.bitcoin.com/eight-countries-that-dont-tax-your-bitcoin-gains/#:~:text=Malaysia,in%20the%20Southeast%20Asian%20country.
Cayman Islands and Bitcoin:
https://www.careyolsen.com/sites/default/files/CO_CAY_Blockchain-and-Cryptocurrency-Regulation-2019-1st-Edition_10-18.pdf
Cayman Islands residency:
https://nomadcapitalist.com/2019/04/08/cayman-islands-residency/#:~:text=In%20the%20Cayman%20Islands%2C%20you,a%20clean%20record%20with%20immigration.
Hong Kong and Bitcoin:
https://www.linkedin.com/pulse/hong-kong-issues-crypto-tax-guidance-what-you-need-know-arslanian/
U.S. "exit tax":
https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/#2bb10206287d
https://myrawealth.com/insights/beware-exit-tax
Taxes and space travel:
https://twitter.com/HODLAMERICAN615/status/1315859962753503232
Not investment advice! Consult a financial advisor.
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Taxes
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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