There's actually a very well known individual who I won't name that will be helping me to set up a legal structure & bank to reduce my taxes owed to U.S. legally owning a corporation, real estate, and having citizenship in another country. These are legal loopholes for the rich. You then use your VISA connected to the offshore acct as u would with a bank in the U.S. for purchases. And technically because the money is in an account overseas u only have to pay a foreign bank account tax or something like that. But it's all legal & a lot of people do it.
In Europe it's much more easy even for the non rich. Choose from countries like Portugal, Malta or even Germany to pay no tax on your crypto gains 💰💰💰
Yeah, but you have to moce there right? Or is there a loophole.
Nice, thanks. I'm looking into these things myself. Was considering mooving to portugal, but if there is another way, that would be great. Would you then be "selling" you crypto to the company?
I can imagine. I basically have to act before SME explodes. I have a few options. One is to move to Potugal, another on is to sell everything ot a company, but then I would be taxed on the gains whether I sell or not, which could just kill me or I could simply keep it at get taxed 56% on the sale in the future. Not really great options
@[[42][user]] Thanks. I will look into that