Where can you buy Real Estate for cash in EU?
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I think it's possible in Germany. If you want to buy in Italy for cash let me know and we can work a deal.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
I used to buy cars in cash there. Happy to have left the EUSS.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Convert it to crypto and you may have more options perhaps. KYC still applies however in most cases.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
I think its a matter of finding the right seller willing to accept cash rather than a jurisdiction per se. For example in Cyprus, you can find a few sellers willing to accept cash, but that doesnt mean that it is a customary thing for everyone to do it.
Also as mentioned if you can convert to crypto, it will increase options.
Also as mentioned if you can convert to crypto, it will increase options.
I can claim this e.g. about some Central European countries ”“ CZ, PL, SK. There you can find a way.
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
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You can't pay a house costing 600K euro in cash in Germany any longer. Long time ago it was possible.
Yeah, may be the only countries left.
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Well in Cyprus it does not go through a Notary, but there is a registration process at the Land Registry, usually handled by a lawyer or two. The payment must not be recorded or controlled as such. Therefore I would say both cash and crypto are possible for such a transaction.
Its surprising how much this is still possible, even in Europe. But its not apparent and one needs to dig a little bit.
well noted, thanks for the information. We must come to Cyprus to execute such?
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My Journey to successful card processing for Replica, IPTV, Adult and Gaming business.
I keep my journey in the closed forums in Mentor Group for less saturating methods.
Please understand that I don't sell any services or do consultancy, you don't need to contact me about that!
Not necessarily, it can be handled through a Power of Attorney. But visitng Cyprus will do good for you overall 🙂
okay, this is interesting, thank you for the information.
Cyprus might be an option then.
In CZ it is just the same (and in SK too, IIRC).
Yes. Nevertheless, do not overlook that usage of cash for transactions over 10k EUR is generally forbidden across the EU, altough an enforcement varies. So in any case you must find the counterpart who is open to a creative solution.
(I guess that @CyprusLawyer101 might be able to help you in Cyprus; in CZ/SK/PL I might be able to help, too.)
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
I've read that it's possible in Germany (as they like cash so much):
https://www.dw.com/en/german-real-e...ey-laundering-transparency-reports/a-46637937
Also, it's possible in Serbia as 85% of the real estate purchaches are made in cash:
https://serbia-business.eu/why-are-the-prices-of-real-estate-in-serbia-rising-so-much/but why would anyone want to buy real estate there?
https://www.dw.com/en/german-real-e...ey-laundering-transparency-reports/a-46637937
Also, it's possible in Serbia as 85% of the real estate purchaches are made in cash:
https://serbia-business.eu/why-are-the-prices-of-real-estate-in-serbia-rising-so-much/but why would anyone want to buy real estate there?
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