Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1972. (Read 26720626 times)

newbie
Activity: 207
Merit: 0
Hello everyone,, Btc next movement 35k$. The current price of Bitcoin is 31k$ plus. That means the market is fairly normal now. 🔥🔥🚀
legendary
Activity: 4004
Merit: 4656
Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).

Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme.  You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".

Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).

NHR-Portugal has provided extensive benefits to residents.  As of 2009, the "habitual residency" of Portugal residents is a administrative and financial system designed to attract foreigners.  Tax efficient pension income for 10 consecutive years benefiting new hopefuls in Portugal.

Two categories can benefit from the NHR-regime:

# Retirees who receive pension from abroad.

# Individuals and investor who can Structure Their affiair to Sync with the Regime..

Details: https://www.libertyrealestate.pt/detail/nhrnonhabitualresidenceresidenceinportugalresidencyinportugal/12264?gclid=Cj0KCQjw1_SkBhDwARIsANbGpFvZr0Q2bAALvlG2wgb6ja8mcNdZDQgp9ozQlfuf7-UHBH3n03gmL7gaAvOnEALw_wcB

Mainly depending on these two categories (NHR) the organization works and it can work with great benefits and tax free.


Portugal is interesting, apart from that 10% tax for pensions (and I assume, social security payments for US citizens).
Not too hot of a situation, considering that i would still have to pay 12-whatever % to Uncle Sam.
Basically, a double taxation, unless i fundamentally misunderstood the conditions.

The only advantage i can see is no tax on crypto locally if held more than a year, albeit US tax would still apply.
The only benefit is easy travel within Europe as everything is closer, in comparison with transatlantic flights.

Yes i don't know all the specificities as US citizen (as in US you are even taxed based on your citizenship), so maybe not advantageous as for EU citizen or some other countries.

I am personally under this tax scheme. Just a quick story. I met a US guy in Lisbon month ago (from SF). He is based now in Portugal trough investment (golden visa = 500K minimum to invest in real estate), and you can get the Portuguese passport in 5 years after your investment. Now it's not possible anymore to invest in Lisbon for the golden visa, you have to choose another place/city in Portugal to apply. Can be interesting as a global citizen strategy with 2/3 passports and the possibility (at a certain point / depend the own situation) to cancel the US citizenship.



(my 2cts, for this topic).



Thanks. I might like to have some other friendly countries passports, but don't want to pay for them, lol.

I looked into Portugal situation (as well as Puerto Rico close to US) and could not figure out what is the real advantage there, apart from, in Portugal case, getting a EU citizenship in 5 years, if someone needs it. US being a country that taxes citizens worldwide does not help as far as collecting other countries passports and also considering that the current cap gains regime is not that bad.

I think that if the world would be in a deep recession, many countries might restart these programs, though.
I might want a residence somewhere more cold than here (Texas), at least for about half of the year (during summer, which is May-October here if you consider temperatures only).
Canada is very attractive in this regard and you can stay up to 180 days on a visitors visa, apparently.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
sr. member
Activity: 722
Merit: 389
Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).

Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme.  You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".

Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).

NHR-Portugal has provided extensive benefits to residents.  As of 2009, the "habitual residency" of Portugal residents is a administrative and financial system designed to attract foreigners.  Tax efficient pension income for 10 consecutive years benefiting new hopefuls in Portugal.

Two categories can benefit from the NHR-regime:

# Retirees who receive pension from abroad.

# Individuals and investor who can Structure Their affiair to Sync with the Regime..

Details: https://www.libertyrealestate.pt/detail/nhrnonhabitualresidenceresidenceinportugalresidencyinportugal/12264?gclid=Cj0KCQjw1_SkBhDwARIsANbGpFvZr0Q2bAALvlG2wgb6ja8mcNdZDQgp9ozQlfuf7-UHBH3n03gmL7gaAvOnEALw_wcB

Mainly depending on these two categories (NHR) the organization works and it can work with great benefits and tax free.


Portugal is interesting, apart from that 10% tax for pensions (and I assume, social security payments for US citizens).
Not too hot of a situation, considering that i would still have to pay 12-whatever % to Uncle Sam.
Basically, a double taxation, unless i fundamentally misunderstood the conditions.

The only advantage i can see is no tax on crypto locally if held more than a year, albeit US tax would still apply.
The only benefit is easy travel within Europe as everything is closer, in comparison with transatlantic flights.

Yes i don't know all the specificities as US citizen (as in US you are even taxed based on your citizenship), so maybe not advantageous as for EU citizen or some other countries.

I am personally under this tax scheme. Just a quick story. I met a US guy in Lisbon month ago (from SF). He is based now in Portugal trough investment (golden visa = 500K minimum to invest in real estate), and you can get the Portuguese passport in 5 years after your investment. Now it's not possible anymore to invest in Lisbon for the golden visa, you have to choose another place/city in Portugal to apply. Can be interesting as a global citizen strategy with 2/3 passports and the possibility (at a certain point / depend the own situation) to cancel the US citizenship.



(my 2cts, for this topic).

hero member
Activity: 462
Merit: 767
Instant cryptocurrency exchange with own reserves!
A lot of you guyz on this WO were saying we'd be at $50k or even $100k by now. So much so, you were nearly peeing yur lil' selfies.

So. Deal. With. It.  Cool

I thought you were proudhon  Tongue
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 4004
Merit: 4656
Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).

Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme.  You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".

Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).

NHR-Portugal has provided extensive benefits to residents.  As of 2009, the "habitual residency" of Portugal residents is a administrative and financial system designed to attract foreigners.  Tax efficient pension income for 10 consecutive years benefiting new hopefuls in Portugal.

Two categories can benefit from the NHR-regime:

# Retirees who receive pension from abroad.

# Individuals and investor who can Structure Their affiair to Sync with the Regime..

Details: https://www.libertyrealestate.pt/detail/nhrnonhabitualresidenceresidenceinportugalresidencyinportugal/12264?gclid=Cj0KCQjw1_SkBhDwARIsANbGpFvZr0Q2bAALvlG2wgb6ja8mcNdZDQgp9ozQlfuf7-UHBH3n03gmL7gaAvOnEALw_wcB

Mainly depending on these two categories (NHR) the organization works and it can work with great benefits and tax free.


Portugal is interesting, apart from that 10% tax for pensions (and I assume, social security payments for US citizens).
Not too hot of a situation, considering that i would still have to pay 12-whatever % to Uncle Sam.
Basically, a double taxation, unless i fundamentally misunderstood the conditions.

The only advantage i can see is no tax on crypto locally if held more than a year, albeit US tax would still apply.
The only benefit is easy travel within Europe as everything is closer, in comparison with transatlantic flights.
full member
Activity: 476
Merit: 141
Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).

Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme.  You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".

Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).

NHR-Portugal has provided extensive benefits to residents.  As of 2009, the "habitual residency" of Portugal residents is a administrative and financial system designed to attract foreigners.  Tax efficient pension income for 10 consecutive years benefiting new hopefuls in Portugal.

Two categories can benefit from the NHR-regime:

# Retirees who receive pension from abroad.

# Individuals and investor who can Structure Their affiair to Sync with the Regime..

Details: https://www.libertyrealestate.pt/detail/nhrnonhabitualresidenceresidenceinportugalresidencyinportugal/12264?gclid=Cj0KCQjw1_SkBhDwARIsANbGpFvZr0Q2bAALvlG2wgb6ja8mcNdZDQgp9ozQlfuf7-UHBH3n03gmL7gaAvOnEALw_wcB

Mainly depending on these two categories (NHR) the organization works and it can work with great benefits and tax free.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
sr. member
Activity: 722
Merit: 389
Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).

Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme.  You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".

Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).
hero member
Activity: 938
Merit: 1891
bitcoin retard
https://cointelegraph.com/news/slovakian-parliament-approvs-lower-crypto-taxes


"The taxes will be lowered to 7%, which is a significant decrease from the current taxation sliding scale of either 19% or 25%. Payments received in cryptocurrencies up to 2400 euros - roughly, $2,622.20 - will not be taxed"

After 1 year holding.

Currently it's still Portugal the best option in EU regarding crypto taxation.

so no holding period required in Portugal?  (Germany 0% tax, but verifiable holding required)

sr. member
Activity: 722
Merit: 389
https://cointelegraph.com/news/slovakian-parliament-approvs-lower-crypto-taxes


"The taxes will be lowered to 7%, which is a significant decrease from the current taxation sliding scale of either 19% or 25%. Payments received in cryptocurrencies up to 2400 euros - roughly, $2,622.20 - will not be taxed"

After 1 year holding.

Currently it's still Portugal the best option in EU regarding crypto taxation.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2772
Merit: 2846
....
I'm still hoping BTC will destroy all the disgusting, parasitic, criminal retail fiat banks and all their cunt criminal CEOs like Jamie Cunt Demon ...

donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Now Fidelity has filed for an ETF. This is definitely not par for the course over the years. It feels to me like the government informed large fund managers that the flood gates were about to open and Bitcoin ETFs would all be approved. That’s the only thing that makes sense given the sudden number of major players filing for these funds.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
full member
Activity: 1400
Merit: 133
They made me this way..
It took you nearly 5 years?  Wow.  I thought my recall was slow when it took a day or two to recall an old acquaintance's name.  You must have uncovered one helluva trigger!

He was probably in a coma, you know, one of those comas where you forget your past habits and wake up speaking a different language. Happens all the time.

Different language? How did you come up with that bullshit? I write English since my first post here. Grin

Thanks for reminding me how hostile this place is though. No wonder why all the old users left.

Dude for real. These folks are so freaking dumb and hostile.. I miss the old users! Expecialy on xfire we had some good times. These folks now are just plain embarrassment..
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