Post
Topic
Board Bitcoin Discussion
Re: Small fortune, now which country ?
by
roastedparsnip
on 06/06/2017, 14:22:11 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.

With respect, I don't think the Philippines is the most stable place right now with such an unpredictable leader.

I would suggest somewhere in Europe. Portugal, Italy or Spain. If you want to go off the beaten track then somewhere away from the big cities in Morocco would also be a good option. Beautiful weather, warm and friendly people and politically stable. Also some of the best hashish in the world  Grin

If you have the funds then you could always buy a place in southern Spain and another place in Morocco, then buy a boat so you can sail between the two places at your own leisure.