The 'Bitcoin Family' immigrates to Portugal for its 0% tax on cryptocurrencies

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

After spending the last five years traveling to more than 40 countries, the family that cashed everything out for crypto is setting down roots in Portugal.

Moving to Portugal for the tax-free crypto life isn't so simple for Americans.

After a few months traveling through Europe during the early days of the Covid pandemic, he ultimately settled down in Portugal. Deley is in Lagos, which is located in the southwest tip of Portugal. He says that he found a villa available as a long-term rental which was "very cheap," and that was enough to establish residency.

Deley doesn't speak Portuguese, but he says that's not a problem, because everyone speaks English. He is also surrounded by a lot of like-minded crypto investors.Deley believes the crypto investor migration is good for Portugal, too.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You only pay taxes here in Portugal, if you are middle class

Thanks for all you guys do! I added you into a collage NFT as a big voice in the crypto space for being pioneers and living the example. Many thanks

Tax evasion tips good. Joe Rogan bad. Double standards Daily.

I will say it again. Developing countries are missing an opportunity. Instead of taxing crypto like India is doing by 30%, try and rather attract new money into the economy like Portugal.

That's where my wife and I will be next year. Heading to the Silver Coast and bringing our Bitcoin!

We are pleased to announce a project for All Boomers as Your Gift 🎁 for your grandchildren and their future

I love how people are running away from taxes

Shinja_is_going_beyond_Mars shinja_is_the_next_1000X SHINJA Shinja2022 Shibnobi shibnobi_family SHINJA_IS_MY_BANK 5% Reflections

Diditaihuttu All IN

Last I heard he was in Mexico, sounds like BS..

Diditaihuttu Welcome home

Diditaihuttu Well done guys!!!

Meet you there 😉

ENJOY YOUR JOURNEY BEST LUCK IN CRYPTO ALWAYS TIME

What’s 0% of a negative number?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada’s truckers turn to Bitcoin as GoFundMe ceases $9 million in donationsFollowing the suspension of a GoFundMe fundraiser, collecting donations for Canadian truckers protesting against COVID-19 restrictions, a group of Canadians... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Bitcoin For Truckers, The Campaign That Could Render GoFundme IrrelevantGo Fund Yourself using Bitcoin, this slogan has been at the core of a recently launched campaign on Tallycoin. A crowdfunding platform powered by BTC and the second layer payment solution lightning network, which offers its users 0% fees, its own website Plug-in, and a companion node software....
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions – Bitcoin NewsThe Venezuelan government has approved a new tax that will affect transactions and payments made with cryptocurrencies and foreign currency. We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people how to earn 0.1BTC ($4.150) and more daily! No referral No withdrawal fees If interested, kindly send a DM! Bitcoin resistance broken above $41k new support. If it doesn't fall we can see it breaking the next resistance at $42k soon. $BTC trading 67_bbt is a good super underrated bitcoiner I’ve been taking her tweets & tips seriously & I’ve been doing superb Follow her SHINJA ShinjaIsTheNext1000X
Source: BTCTN - 🏆 531. / 51 Read more »

Congress Introduces A Radical Crypto Bill To ‘Unleash Innovation’ As The Price Of Bitcoin And Ethereum Suddenly SoarBitcoin and ethereum, the two largest cryptocurrencies have suddenly surged higher this week, with prices leaping following a much stronger than expected U.S. jobs report.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »