Quote from: olubams on January 09, 2018, 05:58:29 PM

Quote from: Amnvex on January 08, 2018, 06:28:42 PM

Does anyone know of anyone who specializes in this as the Swiss bank industry used to? And assuming multiple citizenships, does that make any difference? Someone I know has an EU passport and a US passport available, but the US passport is going to the garbage bin in a few years (to avoid taxes, and for other reasons).

Any suggestions would be welcome. Thanks.

Even undocumented immigrants citizens pay taxes because its deducted from their income before payment how much more a citizen who is well documented. Another thing you need to know is that taxes arises on where the individual is resident and not its country of origin which means denouncing your citizenship does not exclude you from tax. Just find the accountant that would help you in tax planning rather than looking for ways to evade it.

Wait. What you're saying is that if I withdraw a portion of bitcoins (I myself don't own any) in Europe, I'd be taxed on them even if I held them for over 1 year, but bought them in another country originally? Or do I pay the tax in the country I now reside in, even though I just moved a few months ago?
How does that work? I'm now interested not just for my friend but for me as well because we are both in a similar boat, except he's planning to hide his funds and obtain another citizenship of a country where there's no capital gains tax and then withdraw a portion tax-free after renouncing. I'm definitely willing to pay taxes, but I'd like to pay less if I can. Why not? But I rather decide which country I give the money to. The U.S. is, without a doubt, a place that mismanages US citizens' funds and I will not be an accomplice.