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14177904 No.14177904 [Reply] [Original]

So here is my situation :

I'm 28, I live in Europe, I don't work and don't want to, I have 700k in crypto and other investments. I've been living in airbnbs and hotels for the past 2 years because I can't rent an apartment unless I have a job and can't get a loan unless i have a job. I'm tired of it and want a place of my own, but I don't want to withdraw my money from my investments.

So here is my question : Is there a way in Europe to get a loan without a job? Is there a country where I could borrow 500k with 100k as down payment without having to justify my incomes, like they do in the US?

>> No.14177918

>OP (You)
>start company
>employ self
>use same to get loan
job done

>> No.14177927

>>14177904
You can claims credits on some crypto credit cards platforms.

>> No.14177937

You can buy a house in eastern europe for 4k euro

>> No.14177944

>>14177904
You can unitonically retire right now if you go to not so dangerous 3rd world countries. Cost of living is so low there for an eurofag like you.

>> No.14177952

>>14177918
I thought about it but it just don't work because the banks are not dumb and will check everything before they give you a loan. And if they find out I'm self employed in a new company they will end the conversation immediately.

>> No.14177989

>>14177952
If you honestly believe that, then you are lost. Banks are completely and totally process driven, and they do not have a process for checking if your employer is a business who's ultimate owner is you. If they did, no bank shareholder would get a loan either

>> No.14178001

>>14177937
I don't want to live in some kind of dangerous 2nd world village. And if I want to live in a city like Prague it is still too expensive to buy cash.

>> No.14178004

>>14177904
why do you even want a loan when the interest keeps working agianst you

either cash out and pay tax or get for two months a job, so you can rent a place, everything else is insanity imo, especially you can substain yourself with your crypto investments

>> No.14178008

just open your own bank faggot

>> No.14178017

>>14177904
there are regions in italy that will give you a house for free, you just have to move there, nice food, sun, ocean, it's cheap because the region is economically wasted.

>> No.14178037

>>14178017
In Southern Italy? I don't want to end up as a tool for the mafia.

>> No.14178145

>>14177937
where in eastern europe

>> No.14178161

>>14178017
more info please

>> No.14178232

This has to be a LARP to fuck with burgers

>> No.14178264

>>14177918

No chance. I've been self employed in EU for 11 years as a LTD company and it was hard to get any money out of anyone. I managed a 110k loan eventually, but it was a lot of headache.

No business will get a loan or mortgage until they have 3 years of accounts to show, and they have to be good at that.

>> No.14178267

>>14177904
MCO will lend you 40% using crypto as collateral.

>> No.14178285

>>14177989
You're a fucking retard that has clearly never worked for themselves. You need years of accounts before they'll even talk to you. Some banks will ask for 2-3 years accounts, others ask for 5. If you're getting a loan to buy a building, unless you have a super high turnover, they sometimes want you to rent and trade out of the building for 3 years before you can get a loan to buy it. This proves you can cover the costs etc. Don't talk bollocks about things you clearly don't understand.

>> No.14178312

SALT coin was meant to do this very thing. why are my bags down 99%

>> No.14178349

>>14177904
>I can't rent an apartment unless I have a job
what country is that? what a weird rule

>> No.14178359

>>14178267
Does it work for hundreds of thousands euros?
I'm not sure if I'm comfortable trusting them with my cryptos...
And also the point of all this is to keep my investments available if I want to sell at some point.

>> No.14178386

>>14177904
Get a job, get a house. Quit job.

>> No.14178387

also, what are you talking about. i've had no job for 10 years and have rented places in London for alot of that time. 6 months rent upfront on a 12 month contract, was usual, contract would roll after that. not surprisingly, landlords are quite keen to get tenants that will give them a big cash lump sum

>> No.14178413

>>14178349
This is so fucking dumb. I'm from Switzerland but it is the case in most places in Western Europe.

This is due to some stupid socialist laws that prevent home owners from expelling people that don't pay their rent. So you have to surrender all your private life to landlords before they even consider renting to you. If you don't have a permanent job it's not even worth trying. If I tell them I have close to a million in investment they don't even care and would just tell me to buy an apartment if I'm that rich.

>> No.14178445

>>14178387
Then maybe it is possible in the UK, I don't know much about it. But with the UK leaving the EU I'm not sure I could stay there without working. (I have a EU passport + swiss passport)

>> No.14178452

>>14178349
It's really not. Thousands would have enough money for a couple month's rent, and no more. They pay for first and last month, then pay nothing else.

There are laws that stop you just kicking idiots out of rented buildings and making them homeless, and the process to legally remove them takes 6+ months, so freeloading cunts can rent for effectively 6-8 months for the price of 2. Having a job secures this shit rarely happens.

>> No.14178463

>>14178445
Nope. Never heard of anyone here getting rental without having a job. It's for the landlords security that you're not going to rip them off for months on end.

>> No.14178467

yeah I was/am in a similar situation in the USA not having a real job for 4+ years now and just living off crypto. I've had to ask my parents or my siblings to co-sign all my apartments (even though i could live at these places for 100+years off my current crypto) and definitely cannot get a loan. I went through that whole process and I waited until i had 2 years of tax history from paying capital gains on crypto, but that alone even more years of trading is not going to cut it. I knew my chances were low but i tried anyways. I mean from their perspective it would be incredibly risky to give someone who has 95% of their net worth in crypto and no other income a big loan for a house. you could lose access to funds, not thinking right and gamble them all away, or crypto just doesnt work out. The harsh reality is you either need to wait until you have enough to buy in full upfront, or you need to put some of that money into other assets which the bank will recognize as legitimate and or get a real job that pays regular income.

>> No.14178538

>>14177904
Lad I'm paying my rent with cash in London it's fucking easy.

>> No.14178549

>>14178445
EU nationals living here before brexit happens get to stay apparently.

>> No.14178566

>>14178463
>Nope. Never heard of anyone here getting rental without having a job
>>14178538
>Lad I'm paying my rent with cash in London it's fucking easy.

Which one of you is wrong?

>> No.14178574

based UK comfy place for a crypto NEET desu, we're basically a tax haven at this point. just don't make any hate tweets

>> No.14178588

>>14178566
I moved into a room for like 640 gbp total lol no contract or anything.

>> No.14178612

>>14178387
>6 months rent upfront on a 12 month contract, was usual

I could do with that but is there a risk to get fucked by the landlord? If he suddenly trying to get me to leave after one month by making my life miserable I'm screwed.

>> No.14178631

>>14178588
ur subletting u retard. i don't think a guy with 700k in crypto wants to rent a room in someone elses house

>> No.14178639

>>14177904
>I can't rent an apartment unless I have a job
Why not?

>> No.14178655

>>14178631
Yes exactly, I already live in airbnbs so I don't need another temporary solution.

>> No.14178661

>>14178413
>This is so fucking dumb. I'm from Switzerland but it is the case in most places in Western Europe.
I'm in Poland and I never heard of problems like that. I know three different people that rent while officially being unemployed.
It's relatively easy to expel people as long as it's not a mother with children though. Due to that it's much easier to rent if you are a male

>> No.14178668

>>14178161
https://www.italianfix.com/italy-giving-away-houses/

>> No.14178671

>>14178612
Unlikely, you're pretty well protected by the tenancy contract here. besides, the vast majority of landlords just want a quiet life, you not bothering them and vice versa

>> No.14178701

>>14178671
Where do you look for rentals in London? Craiglist? Any other websites?

>> No.14178741

>>14178671
Also how are taxes for crypto traders in the UK?

>> No.14178784 [DELETED] 

Rentberry solves similar problem, they offer you paying rent in crypto. But I doubt it's working right now.

>> No.14178802

openrent is becoming very popular - cuts out estate agents and let's you deal direct with landlords

otherwise just the main estate agents, foxtons (cunts), hamptons, savills, kfh. you do get raped on fees though

>> No.14178854

>>14178802
It looks like it could really be a solution if I can find someone that accept several month of rent upfront ad if really EU nationals are still welcome in the UK.

I'm going to look into it. Thanks lad. If we were not on 4chan I would pay you a beer.

>> No.14178884

>>14178655

speaking from experience in Sydney, find a landlord who you can develop good trust with. Agree to pay them in crypto or cash (physical CHF goes a long way).

If you're paying them in cash, and they're showing a property losing money on paper, this usually benefits them for tax purposes.

It also gives you an unspoken bit of leverage - all landlord related laws favour the tenant not them.

I was paying weekly cash to a holocaust survivor, 90 something year old cunt that refused to die. well, i was giving the cash to his son. they collected most of their rent cash to dodge taxes.

After i moved out he got arrested for trying to finger one of his nurses lol

https://www.abc.net.au/news/2018-05-21/aron-kleinlehrer-accused-of-indecent-assault/9782358

>> No.14178925

>>14178017
that's not exaclty how it works, you need to commit to invest into restoring the house and there is a minimum amount of investment that you need to subscribe before they give you the house/land.
It's often minimal (like 100k) but it's still something, nobody is really giving away free houses no strings attached

>> No.14178951

>>14177904
Wait wtf

Cant ypu flash your cash and pay a year in advance?

>> No.14179003

>>14177904

Yeah. Start a company selling some made up software software and then use crypto as an option and convert into fiat.

And then file the taxes.

Or you could just pay someone to fake employee you.

Or you could move to west Ukraine and live like a king.

>> No.14179004

>>14177904
You can cover the entire rent with assets you already own and you can’t get someone to rent to you? Is this because of some European regulation or something? I’d rather rent to someone who already had plenty of money than someone who could get fired and then not be able to come up with rent.

>> No.14179030
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14179030

>>14177904
Ich versteh dein Problem nicht ganz

Du willst dir ein Haus/Wohnung kaufen aber willst dafür nichts von deinen Cryptos hergeben sondern ein Darlehen aufnehmen, allerdings ohne zu Arbeiten.

Wie willst du denn dann die monatlichen Raten für den Kredit bezahlen wenn du deine Kryptos nicht anrühren willst und sonst keine Einnahmequelle hast?

Ich an deiner Stelle würde mir einfach 50.000€ aus den Kryptos nehmen und dafür entweder irgendwo ne Ferienwohnung am Mittelmeer kaufen und da einfach drin wohnen oder wenn du keinen Bock auf ein fremdes Land hast, dann kauf dir eine Wohnung in den billigen Teilen Deutschlands, z.B. Thüringen gibts einen Landkreis da kosten 80qm Wohnungen 30.000€ oder wenns nicht ganz so assi sein soll wie im Osten dann geh in den Bayrischen Wald Richtung Tchechien, da kostets auch nicht viel und du wohnst im Traumhaft schönen Bayern

>> No.14179081

>>14177904
700k eur or usd? How can you survive on that without working living in Switzerland?

>> No.14179117

just buy a house with crypto u brainlet

>> No.14179195

>>14178413
I can get you an apartment in Switzerland for CHF 700.- i know the landlord i used to live there too after i had to return to Switzerland because of the bear market

>> No.14179361

>>14177904
>I'm 28, I live in Europe, I don't work and don't want to, I have 700k in crypto and other investments. I've been living in airbnbs and hotels for the past 2 years because I can't rent an apartment unless I have a job and can't get a loan unless i have a job. I'm tired of it and want a place of my own, but I don't want to withdraw my money from my investments.

Dude, literally get a loan with your crypto as collateral. Several options out there.

>> No.14179480

>>14179361
trust me Switzerland won't give you shit if you don't have a job they don't give a shit about your 700k in crypto i was struggling so hard to get an apartment after i came back even if i said i pay 6 months in advance they are bastards. Thanks god i found a Saviour and i made it back.

Only after i started to wagecuck again because of the bearmarket i was able to get a normal apartment.

>> No.14179487

>>14178951
no they'd just think you're a drug dealer or such and what if they find some reason to evict you in the meantime?

>> No.14179522

>>14179030
>Wie willst du denn dann die monatlichen Raten für den Kredit bezahlen wenn du deine Kryptos nicht anrühren willst und sonst keine Einnahmequelle hast?

I can withdraw 30k per year it's not an issue. I just don't want to withdraw 500k right now when Bitcoin is about to go parabolic. I know anyway that cryptos will grow enough in 20 years so that I can pay back my loan eventually ;)

>>14179081
>700k eur or usd? How can you survive on that without working living in Switzerland?
I'm from Switzerland but I travel in Europe. But even if I stayed in Switzerland I could pay for my expenses for at least 15 years. I know that Bitcoin is growing faster than I can spend on a long term perspective. I will lock my wealth at $1.5 million. I only need to do x2, so in about a year I'll be good.

>> No.14179528
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14179528

Start your own company?
Say it's web based.

>> No.14179540

>>14177952
Start a company on some senpai/fren's name.
Job done.
That'll be €500 ( so you can have some expenses on your Co. to seem legit )

>> No.14179571

>>14178413
As far as I know you just have to prove you have a regular income. If I make it to my target or 3MM I put it in 5% yearly ROI investments. This will give me 150k yearly. Then I regularly pay out my dividends to the bank account. This will then be my prove of a regular sufficient income for renting.

>> No.14179684

>>14179004
This is Europe-Istan. If you want to rent the most landlords want a prove of regular income (net paycheck 3x the rent). If you have 10mil in the bank this doesn't count as income. It's ridiculous. But you can put your 10M into dividend stocks, and your tax report on your yearly dividend income counts then as prove of regular income.

>> No.14179713

>>14179004
>I’d rather rent to someone who already had plenty of money than someone who could get fired and then not be able to come up with rent.

Then you would be the ideal landlord for crypto neets. One can always discuss with the landlord whether this is ok. Most will deny because you know crypto = scam drug money.

>> No.14179754

>>14179522
>I know that Bitcoin is growing faster than I can spend on a long term perspective
Pretty risky to assume that
Anyway, I have a solution for you. Invest money in financial assets and keep them in a european broker. Degiro lends you like 50-80% of the stock value and you can withdraw it. Interest on EUR is only 1.25% right now.

1) invest 600k in stocks (or bitcoin tracker etf listed in sweden)
2) borrow 300-500k with 1.5% interest
3) buy apartment

>> No.14179768

>>14179030
Es macht mehr Sinn 1% seines crypto Vermögens jährlich in Miete zu stecken als auf einen Schlag 30% rauszuhauen, wenn danach der Kryptomarkt wieder steigt. Dann sitzt er zwar im Eigentum, hat aber durch den Verkauf der Kryptos xxx % Gewinn verpasst. Wenn er nur Miete zahlt, kann er mit den restlichen 99% arbeiten und in Krypto Gewinne erwirtschaften.

>> No.14179785 [DELETED] 

>>14177904
I found somebody who would rent me an apartment if I don't have a job. Basically, the owner wanted to be paid 15 months in advance. The rent was very low compared to my resources, so no problems.

If you have 700k in crypto, though it should be fairly easy for you to buy a home. If you are living from crypto you don't need to be in the city center, so you can go for cheap real estate in the country side.

Also, you could just live in a van. This has the advantage that you could move from country to country to avoid taxation. Typically you need to be in a country somewhere betwen 90 to 180 days before you are required to pay taxes.

>> No.14179814

>>14177904
you can rent apartments without a job, just pay them 6 months up front

>> No.14179834

>>14177904
Why don’t you just create an LLC and hire yourself?

>> No.14179879

>>14177904
How much liquid cash do you have?
I'd just move to a third-world country.
I currently live in one.
Rent a 3br 2ba 100 sqm house for $200 per month.

Everything is damn cheap, even 10/10 hookers with huge tits are like $50-80 for 3 hrs 2 pops with CIM BBBJ etc.
My favorite would edge me via blowjob for like an hour straight.
Everything I need is one 5-minute tuktuk ride or Grab ride away... Supermarkets, malls, department stores etc.

I spend like $1000-1500 per month live like a king... Smoke weed all day, hookers like 3-5x a week, eating at all-you-can-eat buffets like almost everyday, all utilities already included in that cost, even having air-conditioned almost my entire house, water heaters in every bathroom, fiber internet.

>> No.14179916

>>14179879
What country?

>> No.14179974

>>14177904
Buy a mobile home. You already are some kind of gypsie anyway (living in airbnbs and hotels).

>> No.14180099

>>14177904
I was able to rent multiple places in europe with a lot less than you with no job. Wtf r u doing.

>> No.14180396

>>14179522
>I only need to do x2, so in about a year I'll be good.
Then why don't you just wait one year?

>> No.14180698

Rent a room from someone with Cash

>> No.14180758

Anon, in case you aren't just LARPing... Just use Nexo or salt, get loans as collateral on your crypto, come next year you won't care anyway. Most service like Nexo allow you to lend up to 60 percent of whatever you deposit. Your welcome

0xDA9590Be52abbE710CCCf08e74cb8862742D332f