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Author Topic: The best countries tax wise for Bitcoin  (Read 652 times)
boumalo (OP)
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January 09, 2024, 10:38:15 PM
 #41

United Arab Emirates is pretty good!

0% and legal as long as it was not obtained illegally.
In the United Arab Emirates, taxes are included in the standard of living. In these countries, real estate is very expensive, legal services for registering companies, medicine, education and real estate rental are also expensive. 4-5 months of the year it is very hot there, and if you are not used to temperatures of 50 degrees Celsius during the day, then it will be very difficult for you.

Not more than in most big western countries.

Some prices are lower such as construction and home services.

I saw OK flats at 500$/month.

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January 14, 2024, 10:02:17 PM
 #42


January 4th 2022 article, unknown website https://koinly.io/blog/crypto-tax-free-countries/


Can't find the exact number for the crypto tax on this article, most of it is tricks on how to avoid getting taxed on crypto. But I always consider that Indonesia is still generous related to tax, 0.11% for crypto trading plus 0.1% for annual profit. But there are also specific tax for miners on top of those 2 tax, so miners will get doubled (or triple) tax because they get taxed when they store their mined Bitcoin and they will be taxed again when they trade their Bitcoin, and taxed again if they hold their mined Bitcoin and it gain value.

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January 17, 2024, 02:16:53 PM
 #43

United Arab Emirates is pretty good!

0% and legal as long as it was not obtained illegally.
In the United Arab Emirates, taxes are included in the standard of living. In these countries, real estate is very expensive, legal services for registering companies, medicine, education and real estate rental are also expensive. 4-5 months of the year it is very hot there, and if you are not used to temperatures of 50 degrees Celsius during the day, then it will be very difficult for you.

Not more than in most big western countries.

Some prices are lower such as construction and home services.

I saw OK flats at 500$/month.
The UAE is an expensive country to live in, and for $500 you won’t get the best apartment to rent. I have not been to Qatar or Bahrain, but I can say that it is cheaper to live in Saudi Arabia if there are no problems with visas. Gasoline prices there are cheaper than in Europe, but the UAE is a good place for a crypto company, although many have moved to Lisbon.

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