Best countries to live in for BTC holders

[Rafael101]

Hi all,

With ever increasing BTC prices, where can BTC holders move to minimize taxes? I'm confused by many of the tax laws that I'm reading about. It seems like clear rules have yet to emerge in many countries. Some countries have a wealth tax, which means that you must sell a certain amount of your BTC every year, which is regrettable. I think one should try to avoid these countries at least. But other than that, it is only the capital gains tax that is relevant?

Edit: Maybe this thread suits better in the Bitcoin Discussion section?

[zareva]

Asia.

Also heard that Iceland is cool for it too.

[taka0303]

Many countries regulate BTC.
China　is bad.

[achsan fauzy]

I think the best state for bitcoin users is swiss, there is already available ATM machines for bitcoin.

[-Redacted-]

It's better to live in a country where there is or will soon be a regulation of the crypt at the state level

[radeone]

I heard panama and costa rica are really good. No fucks given.

[GGGGGGGGGGGGGGGGGGGGGGGGG]

Japan.Because bitcoin accepted for payment in this country

[Urbanbypas]

Today in Japan, the best conditions for working with crypto-currencies.
I would also pay attention to Singapore.

[Carcass1989]

Japan. Only Japan is god country for BTC.

[Vilagra]

It's better to live in a country where there is or will soon be a regulation of the crypt at the state level

But doesn't this regulation at a state level mean paying taxes about which a topic starter said? I guess cryptocurrencies shouldn't be regulated at a state level, otherwise what's the point of decentralization?

[cryptoimal86]

crypto currency is still new thing to south Asia. so less regulation and rules for crypto.  it is good for asia. but the thing is when we consider about other factors good to find a country other than asia

[wilsonwmj]

Both Australia and Japan is tax-free and regulated.
While Russia, Ukraine, South Korea, Malaysia is on regulating...
Singapore, Indonesia, China is denied it as legal tenders, but welcomed [Suspicious link removed]panies.

Also can try out Vietnam and Thailand, both was NEUTRAL and cheap paradise if not considering wealthy countries which might imposed high taxes...

[jamesmithico9982]

I think China it god of BTC LOL 

[automail]

Majority of the countries regulate bitcoin but if you were looking for a country to live using your coins, I think your best choice is here in the Philippines. You just need to convert your coins to peso. We all know that the cost of living here in the Philippines was less compared to other countries. Imagine this, $3 USD can buy you a decent lunch in the Philippines. The peso to dollar exchange was huge compared to other countries and you can buy a lot of thing with just $100 USD. If you are looking to invest coins, you won't have any problem here. The government doesn't care about the things you earned from coins. As long as you won't do anything that is against the law, living in the Philippines can be fun!!

[Blockgraham]

Come to the Great Britain. Bitcoin ATMs and blockchain technology ready to be introduced in the sphere of government services. Cryptocurrency is really considered to be the good future.

[rhomzkie26]

Hi all,

With ever increasing BTC prices, where can BTC holders move to minimize taxes? I'm confused by many of the tax laws that I'm reading about. It seems like clear rules have yet to emerge in many countries. Some countries have a wealth tax, which means that you must sell a certain amount of your BTC every year, which is regrettable. I think one should try to avoid these countries at least. But other than that, it is only the capital gains tax that is relevant?

Edit: Maybe this thread suits better in the Bitcoin Discussion section?

There are many countries nowadays were bitcoin was regulated like in Japan, India, Europe, Australia, Canada and others. Those nations they've already established a bitcoin users to their places.

[bribed]

I think there are still many countries where a bitcoiner can live well and dont be ripped off by authorities for his gains, examples I heard about are: Holland, Qatar, Dubai, Cypris. But there are a lot more I guess.

[Samkol26]

Estonia. 

[z38630610]

Hi all,

With ever increasing BTC prices, where can BTC holders move to minimize taxes? I'm confused by many of the tax laws that I'm reading about. It seems like clear rules have yet to emerge in many countries. Some countries have a wealth tax, which means that you must sell a certain amount of your BTC every year, which is regrettable. I think one should try to avoid these countries at least. But other than that, it is only the capital gains tax that is relevant?

Edit: Maybe this thread suits better in the Bitcoin Discussion section?

BitCoin maintains its validity in many countries of the world. But many more countries are not aware of bitcoin. Asia has habitable countries for bitcoin users.

[daggny_taggart]

Cyprus, there is a big crypto community plus they opened bitcoin ATM just a couple of days ago