Post
Topic
Board Politics & Society
Re: Countries with low taxes on Bitcoin profits
by
Iwuzhaxxed
on 25/10/2017, 20:17:53 UTC
I'm currenty living in Norway. Here we have to pay 24 percent taxes on cryptocurrency profits, and in addition ca 1 percent each year in wealth taxes (i.e., if you own 50 BTC you have to sell 0.5 BTC each year to pay the wealth tax). Because of the tax burden I'm seriously considering moving to another country. Any suggestions?

I also looked into this since I have a lot of BTC to convert to fiat.

This is the shit list. I wouldn't live in any of these countries. Either they are 3rd world or their laws are too strict. They all seem to have problems...

Algeria    
UAE    
Bahrain    
Jordan    
Israel    
Iran    
Egypt    
Saudi Arabia    


Then I found out that the Caymen Islands also has zero percent tax on capital gains. I'm considering moving there into a nice beach house.