Sorry guys, but I think there are no good countries in the EU if you want to pay the least taxes. I know Cyprus was a good one, until they chased and heard in Dutch parlement one of the (libertarian) employees that was at the top of that Cyprus trust and they ruined his life, by stripping all his assets and destroyed his company. There is a youtube video of the entire hearing if you're interested.
The easiest is (or was, I don't know any trusted ones) a trust in a low taxed over income country.
A much harder thing to do (that is, if you don't want to get caught) is to manage an overshores bank account.
The third option is to get a second passport, buy property and operate a company (doesn't have to make much profit) in a country like the first option, but that carries much more work and responsibilities. Unless you married someone in another country that knows the law or you have connections, I wouldn't bother.
Fourth option is to be a permanent traveler / tourist. In most of your life, you'll own nothing, but if you like adventure and exploration, this would be a nice option.
Fifth and probably best option, is to move to South America or SEA and get a passport and declare yours null and void. Things will get much worse in the west anyway, to a point of and collapse of a totalitarian socialist state. Nevertheless, in the end, we probably will have a world government and pay 100% taxes (i.e. communism = no property rights and will only rent for the credits we get from big brother). For the time being here on earth, the fifth solution would be best imho.
That guy saying that Netherlands has 5% tax, that's completely bs. You pay 1.3 - 1.5% on equity above 25k eur a year when you withdraw crypto -> fiat once a year. If you do it more, you will likely be on the radar of the Dutch irs and they will see it as regular income, so you pay a tax of 50% on average up to close of 60%. I've asked a technical accountant and those were his words.
You can also start your own company and write off expenses to have more than the average joe, at the cost of doing more paperwork than something you love to do, harder work and good luck getting profits in a totally socialized country, where people don't want to buy, but get things for free at the expense of others.
Good luck and tell us how you journey will be, I think most of us would love a fellow traveler to succeed
Well you mention to never get "caught" that implies tax evasion.
But there a for sure legal possibilities to lower the tax and not evade them
but I think it would require to do this over more countries.
Look at how they (the rich) legally avoid paying VAT on airplanes and ships
by registering them in Isle of Man and Tax Authorities can't do shit about this
because is 100% legal.
The system is anyway designed to tax the working class and to keep the elite at the top of the pyramid.
For example the things you say about NL 1.3 - 1.5% tax on equity is a small tax to pay if you do it once a year.
A crypto whale could do this for example withdraw 200-250 K€ once a year to comply with regulation.
I think this amount of fiat is enough to live a good life in EU within the period of 1 year of maybe event 2.
Also currently one of the country that if favorable to common people when it come to crypto is Germany.
They treat BTC as private money and the requirement is to keep it at least 1 year in your BTC account
before cashing out into FIAT that means once bought not trading should be done any more and you can withdraw after 1 year
without TAX.
This is at least what I have read on internet.
So the alternative would be to move to Germany for a year or so if you plan to withdraw a bigger amount at once.
I've never said that you will "never" get caught doing this, especially when it comes to tax
evasion, which is the opposite of tax
avoidance, which the latter I clearly spoke of.
There is a
6th option, which is the agorist way (peer-to-peer / individual to individual, like localbitcoins, etc., which would be tax
evasion.
I do
NOT recommend anyone to commit tax evasion. If you are smart, you'd pay as minimal taxes as possible, which is the route of tax
avoidance and that's exactly how the rich do it and know people who do this using overseas trusts and some being a resident of another country.
Why do you think Mark Zuckerberg pays himself out $1 a month for salary, so he pays the least possible taxes on capital gains from his stock, wouldn't you do this if you were in his shoes? You cannot do this in The Netherlands as a resident of this country, as the Dutch irs STILL taxes you when you run a corporate business, despite paying out $0 for your salary, they still maintain a minimum salary the ceo has and will take taxes from it. And my friend who is the ceo of one of his enterprises who doesn't pay himself out any salary is required to pay taxes over this fantasy salary the irs is arbitrary making up, because they have a monopoly on force and are part of a criminal organization.
I agree with you that the working class is by design being robbed the most. They're slaves of 50% of only income tax a year, not withstanding all the mandatory payments that have been regulated and enforced. The fake news MSM talks about The Netherlands as the tax heaven of the world, what a joke. The rich people in my country are looking for safe havens far away from this country, including the royalty and many high level government employees.
The 1.2 - 1.5% tax on equity is about to chance, I'm 100% sure of that. It started with the leftists running this country for quite a while, being catalyzed by the Panama papers and now the Paradise papers. It's the topic of the day and the lies and propaganda are being displayed on MSM and many other channels on TV, it's a matter of time until they introduce capital gains tax and higher taxes for everything, which they do gladly do on a yearly basis anyway (inc. that of tobacco that next January are taxed an
additional 10%). The stupid sheeple cheer for it and want to take more for the rich and like always, the regulations that will follow will hurt the poor the most (talking about karma). The rich will simply now emigrate to places like Hungary and South America and now the government will have deficits to be replaced by once again, the shrinking middle class, which then needs to be filled by the entire bottom of the pyramid, the poor.
I don't know the law in Germany, but I wouldn't be surprised that this is going to change very soon, just like in the Netherlands. It's how a socialist system is setup to be: take, take and take from everybody, except the plutocrats, by using divide and conquer tactics (right from Hegel and Marx). That's why socialists are called useful idiots, because if they ever read the sources of socialism and have a brain, no sane person would be one, because I'm sure nobody likes 100% taxes (i.e. no property rights, including your own body). When nothing more is to take, you're in the end game of the system, like Venezuela, Weimar Germany, etc. and then they want to get rid of in their eyes the useless eaters, which will be once again be, the poor, because they want to replace them with robots. And since almost everybody, except the elite are poor in socialistic countries (how they love equality), most folks will therefore be gone. Fits right in to their eugenics plan to cull 80% of the world population.
That's why I think plan 5th is still the best option, if you value your life and that of your family. If you have the balls, live off-grid and are streetwise, go plan 6, but I wouldn't recommend it. The other options take more work, risk and the system loves it how you play in their arbitrary setup and they can chance the rules at any time during the match, so you always will be dependent and in fear when you have a lot of wealth. The very few rich people (from nothing to multi millionaires) I personally know are considering plan 5 for quite some time now as well. Just my take on things.