OMG. Apparently every time you move a BTC off Coinbase to your wallet, that counts as a sell event.
God Fucking Damnit !
right?
these dinosaur nation states are so far behind the technology it really is laughable, just keep it in crypto and wait them out, this empire is near it's sell by date
Just move to Amsterdam. No taxes on gains whatsoever, only 1.2% on the value of what you own at the end of the year. Buy me a beer when you do Bob.
Are you serious? I've been looking for something like that. Canada with its 12.5% for the highest gainers was already very appealing to me, but the ridiculously strict immigration laws and the (at least apparent) amount of SJWs has been putting me off. Some US states looked appealing as well with around 20% for long-term hodls, but all the bullshitting with net neutrality and whatnot doesn't make that country very appealing either (I love the drama, but only from a distance..).
What does immigration to the Netherlands look like and how easy is it to declare your net worth?
I am serious. However immigrating is not that easy, even though Holland is very welcoming. Most importantly, the country you move from will generally want to settle all outstanding stuff including e.g. pensions in one full swoop. How that would work out you would have to check locally.
As I understand, in Belgium you actually pay exactly 0%. Plus it has better food and wine.
However Holland is slightly more internationally orientated and better organised. Whether you like the culture more is a question of taste. The Belgians are more polite, the Dutch are more straight forward and open minded.
Edit: sorry, to answer your question, or rather not answer it, I don't know how the procedure works. Of course, bringing a lot of money with you makes things easier. Declaring your net worth seems a question of just doing so I presume.
Edit2: looks easy:
https://www.wikihow.com/Move-to-the-NetherlandsThe Netherlands would be simpler for me from a language perspective than Belgium. I also don't mind the liberal stance towards substances to say the least and I already know that there is some good and authentic Japanese cuisine in Amsterdam, which is generally quite rare abroad, so that's a massive bonus for me as I'd prefer not having to fly across the globe to satisfy some food cravings.
I've looked into it a bit too now, and it seems like getting into the Netherlands would be as simple as walking right in for me, unlike Canada. Seriously considering it, even if just for a short to mid term kind of stay. Anything is better than having to twist and bend to comply with tax laws without paying a ridiculous ~40% on gains for now.
Thanks a lot for bringing this to my attention by the way.
I didn't really like it there enough to stay for a prolonged amount of time though... Way too hot.
All people seem to do in Thailand is sweat.
I made the terrible mistake of going there any time except in the winter. Do not do this.
Do go about now, however, it's quite nice.
I lived there for a while, and summer is just utterly brutal. Pretty much lived in AC'd environments during that period.
