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Quick Cashout Bitcoin - Portugal vs Malta for EU Citizen
As an EU resident, where is it faster to move to, register and fulfill the requirements to sell a long-term position in bitcoin tax free? My understanding: Portugal - the NHR scheme has no minimum day requirement. I.e. once you rent an apartment, file the paperwork and get your Portuguese ID...- Peja
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- Replies: 45
- Forum: BitCoin, AltCoins - CryptoCurrency
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Profit on long-held bitcoin position
Cyprus, and yes I have stuck to the non-dom rules- Peja
- Post #3
- Forum: Cyprus Company formation
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Profit on long-held bitcoin position
I have a bitcoin position I've held for a few years. As a non-dom tax resident I assumed this profit would be tax exempt, as any other capital gain. A tax advisor has told me it may be regarded personal income at 35% tax. Is he confusing my realization of a capital gain with active trading...- Peja
- Thread
- Replies: 6
- Forum: Cyprus Company formation