Hey there! Almost one year has passed.
This year I made about 70-80k€ not bad considering I was pretty much on holidays for 5 months since may to september lol
In the end decided to remain "under the radar" for this 2023, so my situation has remained the same as it was in february (and of course I'm not going to be filling taxes for this calendar year). But 2024 is the year of going into the radar. I'm absolutely sick of non-KYC shady exchanges, and DEX with horrible fees.
Very likely to remain in Spain and pay 21-23% on what I make. The only︀ major problem will be the lack of futures products (which is my bread and butter)︁ given my small initial capital of only 25k€ of taxed money in the bank (the︂ rest of my money will continue in crypto "on the side"), but I'm sure I︃ will find some ways to leverage a little bit my account. Otherwise, the growth will︄ be slower but I don't see it as a big problem. Things will just take︅ a little longer.
So unless in this month or so before 2024 begins I come︆ up with a different idea, from 1st January very likely to remain in Spain and︇ in 2025 declare 21-23% taxes of whatever I make.
I didn't find any foreign setup︈ that I particularly liked, given Portuguese NHR + crypto/malta company was the most comfortable for︉ my situation (Portugal was my foreign #1 option given proximity and weather), but even that︊ was a little sketchy and somewhat expensive (I should make 100k€+ for it to start︋ to make sense economically).
Will keep some updates! Feel free to give some advice.
TLDR: crypto trader almost 40 yo always under the radar, never paid taxes, own a house︌ in Spain, 25k€ as total capital in taxed, legal money so to speak, looking for︍ a country to pay taxes from 2024 onwards in a place to pay as little︎ crypto taxes as possible while remaining very close to spain (portugal pretty much and perhaps️ open to something in europe but not likely). Very likely to end up living and paying in Spain anyways.
