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/biz/ - Business & Finance

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25316503 No.25316503 [Reply] [Original]

What does /biz/ think of this country? Is it the ultimate crypto heaven?

>> No.25316546

>>25316503
for now but how long for?

>> No.25316577

It's a scam country.

>> No.25316601

>>25316503
Lol at Europoor Brazil

>> No.25316607

>>25316503
Very comfy, although Lisbon is getting overrun by immigrants.

>> No.25316659

>>25316607
I'm an EU citizen and i'm thinking of moving to portugal, madeira islands seem comfy.

>> No.25316733
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25316733

>>25316503
>mfw portuguese and pay no crypto tax because to the law "it's just numbers on a computer, not a commodity"

Still, they'll find a way to tax this shit eventually.
It should be easy to evade taxes on crypto, right? Say, if you cash out and send the money to your bank from a private wallet, how could the government tell how much of a profit you made?

>> No.25316735

>>25316503
Crypto heaven if you have EU passport just move in, life for awhile and cashout tax free. Burgers dont bother.

>> No.25316794

>>25316733
>bank
The bank will snitch you to the government.

>> No.25316809

>>25316733
>eventually
Just get out when they start taxing crypto kek

>> No.25316880

>>25316733

I moved to Portugal 2 years ago to avoid paying taxes in my socialist shithole. I cash out in a non portuguese bank, I do declare the account to das financias but doubt they would give a shit if I didn't

>> No.25316898

>>25316503
St Kitts and Nevis

>> No.25317088

>>25316503
>go to porto
>drink vintage port wines daily for under €15 a bottle
>eat pastel de nata during the day
Ideal booze holiday location, during the day there's lots of nice churches to visit as well

>> No.25317128

>>25316735
My wife is europoor. But I’m a burger. How can I use this to get some crypto tax advantage.

>> No.25317131

>>25316503
by definition, DeFi protocols like BOND is.

>> No.25317232

>>25317128
Give her your crypto and have her move to portugal and cash out
That's if you trust women with crypto

>> No.25317383

>>25317232
>do you trust her
>with every cell of my body

This could actually work, I’ll have to read up on gifts between spouses and see how much I can transfer to her at a time to keep it from being a non taxable event since I’m a burger and IRS hangs that sword of Damocles over my being for all time.

>> No.25317412

Fuck off, we're full.

>> No.25317427

>>25316503
I doubt that an american would know what country it is if you don't say the name.

>> No.25317487

Family has houses/land out in the Azores.. they paid only like $20 a year in property taxes until the last few years when it went up to $100/annum. Still a bargain.

If you’re at a net worth of 1M+ and are around 30-40yo, you can legit retire there and live off of dividends and not lift a finger.

>> No.25317509

>>25316503
>for now but how long for?
this
could literally change overnight

>> No.25317563
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25317563

>>25317412
*ahem*

>> No.25317615

It's great if you like women with moustache.

>> No.25318052
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25318052

>>25316659

>> No.25318101

In Belgium i think you also don't pay any taxes as long as you don't act for a business so a person is good

>> No.25318165

i don't pay anything in Switzerland too

>> No.25318187

>>25316659
>madeira islands
this is where i am from, stay away.

>> No.25318356

>>25318187
blue marlin fishing there is amazing. if i make it, i hope my best friend and i can move there and set up a charter fishing business

>> No.25318357

>>25317563
If your answer is that globohomo feminazi, from a bankrupt rag, it's safe to say your argument stinks

>> No.25318461

>>25316503
It's not a haven, it's a trap. As soon as they catch wind rich dudes are around, they'll tax them to death. In Moortugal, having money is viewed as extremely offensive. The IRS is like the secret police , the only way to evade taxes is off shore accounting, i suggest you cash out there, not here. Besides, it's probably the cuckiest country on planet Earth, riddled with retarded niggers, who after decades, still can't bother to learn the fucking language .

>> No.25318937
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25318937

>>25318461
The niggers part is true, the rest not so much. Portugal is one of the best countries to live in Europe if you're loaded. The dumb retarded niggers only live in or near the capital city. Portugal is 1200km long, you can easily buy a plot of land in a paradise looking area and, build yourself a mansion and live like a lord.

>> No.25319164

>>25316735
>>25317232
>>25318461
if you aren't european, the best way to cash out is getting tax residency in the UAE

>> No.25319213

>>25317412
No one wants to stay in your monke shithole. We just come for a prolonged vacay to cash out and fuck your women and then we roll out.

>> No.25319221

>>25318101
Yeah but then you're in Belgium

>> No.25319338
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25319338

>>25316735
>Burgers dont bother.
I'll just sell to you at a 3% discount. Then you can cash it out wherever.

>> No.25319549

>>25319213
How the fuck would that work? If you try to move the money from Portugal to another country, you would have to pay taxes, sometimes in both countries.

>> No.25319698

>>25319213
kek

>> No.25319780

>>25317427
I mean, really, why would we care?

But yeah, I recognize the flag from /pol/.

>> No.25320013

>>25318101
not anymore
their loss, portugese sun it is

>> No.25320051

>>25316503

One of the worst countries in Europe.

>> No.25320076

>>25316880
Interesting

>> No.25320118

>>25316659
Fuck off, we are full.