Post
Topic
Board Bitcoin Discussion
Re: Is it possible to buy a house with BTC in your country?
by
Dark.Look
on 31/03/2025, 18:50:50 UTC
In some countries, you can buy or rent a house in bitcoins. But what are the tax and administrative implications?

In France, you can, in theory, buy with BTC, but you have to pay taxes and notary fees in euros.

Since you also have to pay capital gains tax and (unless I'm mistaken) prove the origin of the bitcoins. Justifying the origin of funds when you won cryptos with games or airdrops and then sold them to buy btc 15 years ago is almost certainly impossible.
In the end, it doesn't seem so attractive to buy in btc in France because of the administrative and tax complications, in addition to the 30% capital gains tax (unless I'm mistaken).

How is it in your country ?



To be short yet it is.
Since when you trade the house you won't say what kind of asset you are paying you can pay with bitcoin and then the seller can accept or reject this method. But since bitcoin's price is not really stable, I see many sellers are not really interested in trading their houses for bitcoins, especially if they are not familiar with it.
Regardless of that, you should always pay the tax, even if you buy the house with your bitcoins.
For example, the government will understand you bought a house for 100K USD; no matter how you paid this money, you should still pay the tax for 100K.