Crypto to real estate investment (not retail buy) jurisdictions? Bypassing banks

[diro]

Crypto to buy real estate is interesting for me. Good advice in the thread for me, thank you.

 

[offshoremaster17]

Hi all,

I am interested in investing in real estate. Note that investing in real estate does not mean buying some shiny low quality apartment that will be unattractive in 3-5 years. Nearly every real estate deal I have seen touting that they accept crypto is either low quality that nobody wants to buy or a regular deal but marked up a few per cent for crypto payment, and also it's mostly targeting retail (whether regular or rich retail). What about the situations where I might want to actually invest into real estate, either special situations, or upcoming construction,etc. Any jurisdictions where on can just use crypto to invest and bypass banks altogether? I obviously don't want to be limited to the poor options where crypto is openly accepted.

I need not only acceptance of the seller here, but also acceptance of notaries in case of a deed transfer, as in most countries they strictly require a proof of bank transfer under your / your company name.

Any ideas?
Thanks

Unless you are willing to pay up to 5% fees. You won't get anything like that.

I personally buy real estate this way and often pay 4% fees

 

[JosephLL]

Unless you are willing to pay up to 5% fees. You won't get anything like that.

I personally buy real estate this way and often pay 4% fees

In what jurisdictions?

 

[offshoremaster17]

In what jurisdictions?

Usa, dubai and costa rica. Dubai is cheaper tho

 

[offshoremaster17]

The way I do it :

Send crypto to my otc agent
He wires the notary/lawyer/builder

Deal done

Some builders in dubai accept directly crypto too. But I stopped buying in dubai due to how stupid that place became

 

[offshoremaster17]

Interesting. At least in the two EU countries you mentioned, no notary was willing to use a crypto transaction as proof of payment and thus they refused to process the real estate transfer with crypto as payment.

Hence why you need to convert crypto to fiat. Little to few notary/lawyers will accept to sign a Crypto to crypto transaction. You must wire into the notary account and he unlocks the funds to the seller once the titles are transfered