Quote from: isnottheword on December 17, 2017, 10:23:42 PM

@Dabs: It's some years ago but I spent some time in the Philippines previously. It was definitely a happy time. However, what you are proposing ( that I hand over a slice of my holding to someone!) - is not what I'm looking for. Nor am I interested in giving someone a 'loan' - there's an official label for such an action - Idiot Tax. Weather, sexuality, how much bitcoin I hold? This doesn't come into the query - with respect.

No problem! I put out those questions because you need to answer them yourself, your situation, what you can live with, what your intentions are ...

Remember we are posting in a public forum, so I don't condone illegal activity (such as tax evasion or sometimes called tax avoidance/mitigation/minimize/whatever), but acknowledge that it happens everywhere.

What I mentioned are "legal" ways to cash out and enjoy your crypto holdings while looking all nice and normal to everyone else. It's not laundering since it did not come from crime, but it's the same difference.

How much bitcoin you have (or how much you want to spend) is important as that determines how long you can do this, and at what level. If you're a "soldier" or "cowboy" type and can live cheap, there are places here where you can rent a 3 bedroom house for 10k PHP a month, currently approximately 0.01 BTC every month, so 0.15 at today's prices should set you up for a year, including first and last month and a deposit. That's at the low end, and even I wouldn't want to do that since I have a family, and I've upgraded my standard of living already.

The other solution is to get someone to give you cash for your bitcoin, or some of it, or ask someone to help you handle that. Then you simply wire it back to yourself or do some sort of normal fiat money transfer, paypal, xoom, western union, or whatever seems normal on your end.

I'll tell you a short story: I've helped someone from 'murica move over to the Philippines, get the Alien Certificate Registration required to extend his stay, opened a bank account for him, then gave him a few million fiat later. I think he was planning to buy a condo and our first transaction was a few years ago for an amount equal to $5000 USD, later on followed by up to $50k USD.

He has a job or a business he set up himself, I think he's a computer programmer or website developer something or other, and he has maybe 5 or 10 employees now. I'm not sure what he does, none of my business. But he calls me when he needs BTC to Fiat, and I don't charge a fee, he's just happy for me to keep the change.

For other people in the "real" world, that they want to avoid 35% tax, how much "convenience" are you willing to pay, as it is unreasonable to tip 1% when you want to move millions unnoticed ... just saying.

Also, you've been here, so you know what it's like. Happy people. Happy times.