African countries...
I've often wondered if you're still taxed on crypto if you're using a VPS in a foreign country. Like if you're simply tunneling into a machine located in a different country, and on that machine is where you log into your exchange and where your private keys are, etc.
I guess that could count as an off-shore business?
But getting back on point, it looks to me though, as Switzerland is one of the best options. It's not a scary 3rd world country, but it also has no capital gains tax.
I've often wondered if you're still taxed on crypto if you're using a VPS in a foreign country. Like if you're simply tunneling into a machine located in a different country, and on that machine is where you log into your exchange and where your private keys are, etc.
I guess that could count as an off-shore business?
But getting back on point, it looks to me though, as Switzerland is one of the best options. It's not a scary 3rd world country, but it also has no capital gains tax.
Yer i have looked into Switzerland and as appealing as it is i prefer Singapore for simple quality of life,
On the topic of VPN im not sure how other countries work but here in Australia anything i make even if it is bia VPN over seas i will be taxed on the Australian tax rate as i am an Australian resident for tax purposes, not aware on how other countries operate in regards to this though.