-Assuming the crypto cycle continues as it has for the last decade, I plan to cash out most or all of my crypto in Q3, Q4 of 2025 (I hold most of the assets personally, with a small amount in a company - ignore the company assets for the purposes of this thread)
-I would like to apply for Cat 2, HNWI prgram in Gibraltar
-If my crypto is included in my net assets, I will satisfy the 2M GIP requirement
Q1: Anyone know how Gib assesses crypto assets in the 2M GIP requirement?
Q2:Any issues you can foresee with:
A)opening a personal account at one or more big crypto exchanges, e.g. Kraken, Binance as a Gib resident
B)converting crypto to USDT upon selling it (the main asset I have is only available a USDT trading pair) - can Gibraltar residents transact in USDT? (for example Canadians cannot, and some exchanges have removed USDT from their exchanges for EU residents as per MiCA regs e.g. OKX)
C)converting USDT to fiat in large amounts - up to 7 figures - specific banks or EMIs that are low-risk for being frozen, also advice about amounts per transfer and frequency of transfers
Many Thanks in advance!
W.C.
-I would like to apply for Cat 2, HNWI prgram in Gibraltar
-If my crypto is included in my net assets, I will satisfy the 2M GIP requirement
Q1: Anyone know how Gib assesses crypto assets in the 2M GIP requirement?
Q2:Any issues you can foresee with:
A)opening a personal account at one or more big crypto exchanges, e.g. Kraken, Binance as a Gib resident
B)converting crypto to USDT upon selling it (the main asset I have is only available a USDT trading pair) - can Gibraltar residents transact in USDT? (for example Canadians cannot, and some exchanges have removed USDT from their exchanges for EU residents as per MiCA regs e.g. OKX)
C)converting USDT to fiat in large amounts - up to 7 figures - specific banks or EMIs that are low-risk for being frozen, also advice about amounts per transfer and frequency of transfers
Many Thanks in advance!
W.C.
