Our valued sponsor

Recent content by zaybxc

  1. Z

    Crypto cashout in Germany, 0% tax,

    Just because it seems way too easy (provided that you have enough savings to live for a couple of years in a jurisdiction where crypto-to-crypto is tax free or find a job there). That's easy, it's written in the blockchain or the crypto-exchange can provide such info.
  2. Z

    San Marino

    And Cyprus, Austria and Hungary. Tax on crypto to fiat is: In Italy 33% In Cyprus you pay income tax or you can trade through a company, but in the end you'll pay more than 15%. Austria 27.5% Hungary 15% From Koinly https://koinly.io/guides/switzerland-crypto-tax-guide/ no Capital Gains Tax...
  3. Z

    Crypto cashout in Germany, 0% tax,

    What if someone who lives and does crypto-to-crypto swaps in a jurisdiction where such swaps are tax-free (like Cyprus, Hungary ect.) then relocates to Germany to cash-out? That would give the chance to load crypto bags during the bull market (swapping between shitcoins), convert to stablecoin...
  4. Z

    San Marino

    San Marino is a good place for crypto investors: crypto-to-crypto swaps are tax-free and crypto-to-fiat is 8% tax.
  5. Z

    Cyprus Company Formation

    Would you recommend any company service provider in Larnaca or Paphos? In those two towns there's an airport and logistically are more convenient if someone has little time.
  6. Z

    MALTA/DUBAI/HUNGARY/CYPRUS - whats the best play in this scenario?

    I guess google translator on mobile phone should suffice in most cases when talking to people... probably renting a house or buying a car might be tough. That's good, so there shouldn't be problems to file a tax return. Probably I'm missing something, but for a EU cryptobro it looks...
  7. Z

    MALTA/DUBAI/HUNGARY/CYPRUS - whats the best play in this scenario?

    Tax residency. No company: a natural person trading crypto doesn't need a company. The idea is: - relocate to Hungary and live there 183+ days a year to become tax resident (I won't be resident in any other country); - swap between cryptos and stake (tax free); - sell crypto for fiat when...
  8. Z

    MALTA/DUBAI/HUNGARY/CYPRUS - whats the best play in this scenario?

    For a crypto trader who just does swaps between cryptos (like ETH-BTC or BTC-USDT) there are very few jurisdiction where these swaps don't trigger tax events: Hungary is one of those; Portugal is not, a trader can't necessarily wait for 365 days before swapping. As I'm ok to pay 15% tax when...
  9. Z

    MALTA/DUBAI/HUNGARY/CYPRUS - whats the best play in this scenario?

    IMO San Marino is the best: crypto-to-crypto swaps are tax free and crypto-to-fiat is 8% tax; though it's quite pricey to get a resident permit and the language might be a problem. @jesuschrist @toums Do you think it makes sense to relocate and become tax resident in Hungary to trade and cash...
  10. Z

    Best country for a crypto hermit?

    San Marino: crypto-to-crypto swaps are tax free and crypto-to-fiat is 8% tax; though it's quite pricey to get a resident permit.
  11. Z

    Most efficient ways to cash out crypto low tax in Cyprus?

    A limited company is the best way to lower tax on crypto cash out.
  12. Z

    Why Use Centralized Exchanges for Crypto if Decentralized Options Are Safer?

    Certain cryptos have low liquidity on DEXes. I tried a couple of swaps on Arbitrum and it was fast (1 second) and cheap (less than 1 $cent).
  13. Z

    UAE Freezone while living in Malta

    Wouldn't your Dubai company considered as a Maltese company because of CFC rules?
  14. Z

    List of Residencies obtainable without living in the country?

    For personal tax it shouldn't help if someone has to pay tax on his worldwide income. Yep, there's always need for a plan B.
  15. Z

    List of Residencies obtainable without living in the country?

    600K for Andorra Passive Residency for Investors or 50k deposit (plus 10k per family member) for Passive Residency for Professionals with International Business. https://andorrapartner.com/passive-residency/ What are the benefits of having residency in a country where you are not tax-resident?