Quote from: kamotharnn on June 13, 2017, 03:47:43 PM

Quote from: freigeist on June 13, 2017, 03:37:30 PM

Quote from: mantra on June 07, 2017, 02:41:51 AM

Singapore is the best choice if you want to live comfortable, tax free and very friendly to the immigrants, but of course you have to have money for life, good security and stability, and lots of entertainment there

What you mean by tax free?!
If you convert BTC or any other ctypto to FIAT you don't need to pay taxes there or what?!

Well, that fee is very small and I do not think that it is an important issue. Moreover, you can use bitcoin for many purposes without converting it into fiat

Lest suppose you want buy a house or condo in that country which i think it costs a lost because the space is limited there
you would for sure require minimum of 250K USD for a small condo.

That means you would have to convert your crypto to FIAT to be able to buy that flat.
So can you give an estimation how much tax would a foreign citizen pay there to convert that crypto to FIAT
and even if possible how this process would be done?!