Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Neobanks
on 15/03/2024, 23:57:27 UTC
It currently costs 8 BTC to buy a property in Portugal to get a golden retirement visa.
This is a big change from last year at about 25 BTC for a large part of the year.

Once it costs around 0.5 BTC I'm off and going to enjoy better year round weather.


#LifeGoals

Edit: terrible maths...


Yes but please note that real estate investment in LISBON is not anymore an option to get the Golden visa in Portugal (they removed it last november). Same for NHR tax scheme from 1/1/2024 (except for the current beneficiaries of this tax scheme, valid for 10 years).
This is wonderful. How on earth will anyone believe that a property that is value at 25BTC in Portugal last year will currently be value at 8BTC making it the difference of 17BTC reductions. If I may ask what actually result to this drastic reduction , could it be as a result of economic policies or political policies in the regulation of the value of Bitcoin that will equivalent to certain property in Portugal? However, as for your proposed expectation of reduction of value of property to be equivalent to 0.5BTC I don't see the possibility of such assumption.