Post
Topic
Board Bitcoin Discussion
Re: Small fortune, now which country ?
by
btc_angela
on 27/05/2017, 14:32:51 UTC
Philippines.

Get a beach house, or live in the city, or get a few acres of land ... Put a wall around it. Hire security or bodyguards.
When you have kids, hire a nanny for each. Send them to private schools.
Cash out in 2 or 3 major exchanges, or make it a daily routine to sell to locals.

But, don't do drugs.

A relatively large 3 to 5 bedroom, 2 or 3 car garage home, with a swimming pool, in a gated community will set you back about 10 to 20 million pesos, or 200k USD to 400k USD.

*edit* at 53, expect to live to maybe 83 ? so that's 30 years. You better have at least 1000 BTC (at today's prices) if you want to be comfortable without too much additional work. Get a token job for income tax purposes, but usually the government will leave you alone if you blend in.

That's 3 BTC per month for 30 years, more or less. Don't exceed that budget. You wouldn't unless you do something stupid. Just be smart about it. As a foreigner, you might spend more on local food (coconuts?) but just tip the waiters an extra 10~15% and you will get excellent service most of the time.

All gas stations are full-service, by the way. You can't gas the car yourself, they won't let you. Hire a chauffeur / driver for $300 USD per month. Double that amount if he acts as armed bodyguard.

Guys, i made a small fortune in altcoin/bitcoin. In which country should i settle ?
I have no wife, no kids, just a girlfriend, i´m free to go wherever i want (she´ll go with me).
But it has to be a bitcoin-friendly country.
I have no intention to buy lambos, just a peaceful life.
Thanks.

I was surprised when you read your post, it seems you have not read the news recently. The philippines are being persecuted by extremists, and it is currently considered a very dangerous country. To my surprise, an employee of this forum gave me the wrong advice. Criticism, but you need to regularly check the news.

Because Dabs is from the Philippines that's why he recommend his country. Have you been in the Philippines before? Muslim extremist are far from the Metropolis of the Philippines. The recent news of some Isis wannabee will end soon plus Philippines has a lot of beautiful places and friendly people and bitcoin friendly country. You generalized the country without seeing it first hand. Even some Japanese retiree settled in the Philippines and lived a peaceful life.