Crypto Cash Out 6 Figures

[Mutz]

Hi,

I am relatively new to crypto and have managed to get a 6 figure balance together and would like to know the best way to cash out. I'm currently in the UK and was wondering whether considering UAE is something I can do and is it worth it overall.

TIA

 

[CoffeeExpert]

You are close to portugal, consider looking at the golden visa program there

 

[troubled soul]

Contact @Fred or @CaptK

 

[CaptK]

It depends on what⁤ you want to achieve with the cash.

 

[Fred]

Starting from 200-300k USD⁤ the UAE Company setup with residence visa and local bank accounts would make sense.

Send me PM to discuss further.

 

[ecool]

How do UAE banks deal with receiving and sending money to crypto exchanges? Will not they‍ have a problem?

 

[Fred]

We use some workarounds to make‍ everything much more simple.

In General most of the UAE banks are fine if used⁠ organic - means you receive salary from your company and invest this salary in Cryptocurrency⁤ with like let's say Kraken. Of course it's not possible to open personal account and⁣ first time deposit is 1m$ from Kraken.

See below the confirmation from Kraken itself.