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July 27, 2024, 01:01:13 AM |
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xhomerx10
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July 27, 2024, 01:10:57 AM |
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O/T
Worst Olympic Games opening ever.
Bunch of stupid boats on the Seine.
![Grin](https://bitcointalk.org/Smileys/default/grin.gif) that's funny hey i am watching lady gaga sing 🎶 on the stairs to the seine right now. Something big must be going down soon - all the stars are out. wtf Snoop Dogg carrying the torch? I suppose Harvey Weinstein will co-host?
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gallianooo
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July 27, 2024, 01:37:45 AM |
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You are exactly right about 5 years before citizenship (plus a language test). That said, the site says that you need to be in Portugal only 14 days every 2 years. Basically, a one week vacation per year.
It's two different things. I never heard anyone spending only 2 weeks every 2 years in Portugal and got the PT passeport. This is the minimum requirement for obtain/maintain the golden visa. It's not related to CITIZENSHIP. To apply for citizenship, you have to be at least 5 years tax resident in Portugal and as a main residency. And OFC, you cannot qualify as tax resident there if you spend 1 week or even 2 months per year there. If you buy a property, rent it out you get the tax history. edit:you can also use the Portugal’s Non-Habitual Residence (NHR) Program NOT correct. You mix different things. If you buy a property by the golden visa or without, even if you rent it, It doesn't make up tax resident of PT. You have to pay tax on the rental investment you have yes (like in most countries, tax for real estate are based where the flat/house is located, not depending where you are tax resident). Also you can get many TIN numbers in many different countries, it DOESNT make you automatically tax resident there. You have to respect other criteria for that. AND if you buy your house there (by investment) and just rent it, it's mean you just 'loose' the proof you have a permanent house in PT as i wouldn'be available for you at anytime (if rented). So your home country (or another ones if you have some/too many ties) can challenge you, and above the time spent there per year, according most of the DTTs, they look if you have permanent home available. GOLDEN VISA / Tax residency and citizenship are 3 different things. Moreover NHR statut is finished now. You cannot arrive now there and apply for it. People who has already the NHR are still granted for 10 years. BUT you dont need NHR to get tax incentive of crypto capital gains. This is apply for ANY normal tax resident in Portugal, same way. (PS : i am under NHR actually). I dont mix two different things, you can buy a property and rent it out for 6 months, and then live it in the other 6 months to satisfy the residency of 6months in a year. Under permancy laws in the EU this counts as your permanent residence even if you rent it out, there is bylaws in place to handle situations where you might renting a room or a couple of rooms in your primary residence. It is a little in grey, but working with good lawyer and accountant will keep it above board, there is a bunch of rules you have to follow. i didn't mention citizenship at all in my post so not sure why your bringing that up, you can be resident in any EU country but its not necessary to be a citizen of the country. Under the NHR your still not a citizen, i also thought the backdoor was still open to NHR through the digital nomad visa. I might be wrong though, fair play to being in this programs its definitely one the better ones in EU. Once again you mix different things. First you starting to talk about rent the house/flat you buy, then you talk about sublet just 1 room sometimes. Irrelevant. If you put of the market your house, 1-2-6 months, it's the same, it is NOT a permanent house because it's not as your disposal at ANY time. You have to read more carefully most of the DTTs. The first criteria is not the 183days+ a year. If there is a challenge between 2 countries to determinate where is your MAIN residency (tax), the FIRST criteria is your permanent home. THEN, if you have properly at disposal, ANYTIME permanent home in both place, the second criteria is where is your center of interest (wife/kids..) and where you generate mostly your income. It's only on the 3RD layer we talk about where is your 'usual' place you spend more time. If they cannot determinate 1st / 2nd / 3th layer, then its about your citizenship. If still not, both country have to make a deal together. PS : I talked about citizenship and the way to get it in PT, because it was the topic with another OP before you reply in that post.
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ChartBuddy
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July 27, 2024, 02:01:13 AM |
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Biodom
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July 27, 2024, 02:51:47 AM Last edit: July 27, 2024, 06:51:32 PM by Biodom Merited by JayJuanGee (1) |
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Yeah, but I am most interested in the next 10-15 years....2045 is way too far for many people, including Michael himself, perhaps...he would be 80 then (much younger than W. Buffett, though). If someone is interested, I've got essentially the same conservative number ($3 mil) assuming 25% growth in the next 10 years and then 15% growth for 11 more years. This "assumes" that bitcoin slows down it's appreciation. Most people agree that it would eventually happen and the only question is when. I would be totally fine if btc instead kind of reached the very high plateau at, say, $3-5 mil per in 5-10 years and then just oscillate with a 7-10%/year upward trend. Last 5 years were roughly 48.2% yearly appreciation and the 5 years before that-75% That said...and just playing with numbers... if you project the slowdown linearly from today's prices (comparing an exact point 10, then 5 years ago and a point 5 years in the future-July 26, 2029, then the 'theoretical' yearly appreciation number (average) in the next 5 years is projected to be 30.97% or 3.85X or $262,236-kind of on the low side, but it is what it is.
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ChartBuddy
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July 27, 2024, 03:01:16 AM |
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philipma1957
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July 27, 2024, 03:01:25 AM |
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Yeah, but I am most interested in the next 10-15 years....2045 is way too far for many people, including Michael himself, perhaps...he would be 80 then (much younger than W. Buffett, though). My biggest regret with Btc is I am 67 not 37. Second biggest was my lack of belief in it until 2017 and early 2018. My third regret is not stopping mining and switching to simple dca and hodl in Jan of 2018. My chance to live a truly great retirement is pretty much gone. I will live a good retirement instead
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Biodom
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July 27, 2024, 03:15:27 AM Last edit: July 27, 2024, 03:25:51 AM by Biodom |
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Yeah, but I am most interested in the next 10-15 years....2045 is way too far for many people, including Michael himself, perhaps...he would be 80 then (much younger than W. Buffett, though). My biggest regret with Btc is I am 67 not 37. Second biggest was my lack of belief in it until 2017 and early 2018. My third regret is not stopping mining and switching to simple dca and hodl in Jan of 2018. My chance to live a truly great retirement is pretty much gone. I will live a good retirement instead Hang in there...we might have some interesting age treatments in 10-15 years. This is a VERY active area of research right now.
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nutildah
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July 27, 2024, 03:40:07 AM |
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d_eddie
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July 27, 2024, 03:51:18 AM |
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WTF is this shit? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fnypost.com%2Fwp-content%2Fuploads%2Fsites%2F2%2F2024%2F07%2Freplacing-jesus-disciples-last-supper-86088635.jpg%3Fresize%3D2048%2C1097%26quality%3D75%26strip%3Dall&t=665&c=Ea3aQRr1CkpyXQ) Too many people in that. This may be better? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F07%2F27%2F48R8m.png&t=665&c=P7_o9l6n2wz2Vw)
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ChartBuddy
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July 27, 2024, 04:01:14 AM |
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ChartBuddy
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July 27, 2024, 05:01:13 AM |
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ChartBuddy
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July 27, 2024, 06:01:15 AM |
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SickDayIn
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July 27, 2024, 06:29:14 AM |
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Yeah agreed. When there are presentations about how Bitcoin will be in the $1m+ range in the next 10 years, well that's obvious. Let's not waste energy speculating on whether it will be $2m or $3m, or $5m or $10m. It will get into the millions soon enough.
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ChartBuddy
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July 27, 2024, 07:01:13 AM |
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Ambatman
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July 27, 2024, 07:39:09 AM |
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I personally hate this kind of declarations: JUST IN: 🇺🇸 Robert F. Kennedy Jr says he will sign an executive order for the US to buy 550 Bitcoin per day to build a reserve of 4 million BTC, if elected president.
Suddenly, Bitcoin as a national monetary reserve is a thing. And as a political weapon a thing now. Even someone that called it a scam some years ago "Bitcoin, it just seems like a scam," Mr Trump said. "I don't like it because it's another currency competing against the dollar." Is now like a general. My biggest regret with Btc is I am 67 not 37. That quite hurts There are youths Now who still don't believe and consider it a scam While others prefer scam coins because of *10. Even if age might not look to be on yourside It's better than you still been in the dark even till now. Like Biodom said anything can happen within 10 years With Good health A great retirement is still on the table.
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ChartBuddy
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July 27, 2024, 08:01:13 AM |
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JayJuanGee
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I finally received my mtgox payout. After so many years it doesn’t seem real. It seems like the only uncertainty left in the market is the BTC the US government is sitting on, but it sounds like Trump is going to try and ease that concern this week. Admittedly the market is more bullish than I anticipated. I’m beginning to wonder if my end of year target of $85K is too low.
Yeah. How is that smug sale at $67k going? Yeah, but I am most interested in the next 10-15 years....2045 is way too far for many people, including Michael himself, perhaps...he would be 80 then (much younger than W. Buffett, though). My biggest regret with Btc is I am 67 not 37. Second biggest was my lack of belief in it until 2017 and early 2018. My third regret is not stopping mining and switching to simple dca and hodl in Jan of 2018. My chance to live a truly great retirement is pretty much gone. I will live a good retirement instead Hang in there...we might have some interesting age treatments in 10-15 years. This is a VERY active area of research right now. I get the sense that Philip recognizes his mistakes, but he's not going to do anything meaningful to fix it, so he will continue to make the same (or similar) mistakes, even though he knows better... which is ongoingly seling too much too soon.. .and then complaining that he sold too much too soon, again. That is small potatoes. Yeah, sure $100k, comes before $500k, $1 million and even $20 million, but there is nothing wrong with considering and talking about those BIGger numbers Part of the reason that we want to think about and talk about BIGger numbers is so that current BTC holders do not end up having too many regrets about selling too many coins too soon because they had failed/refused to have a BIG enough imagination and therefore they ended up failing/refusing to think BIG enough.
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ChartBuddy
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July 27, 2024, 09:01:16 AM |
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