Hi,
I am more or less in the same boat.
I was also leaning towards Portugal, but you have to be careful, that you are not considered as a professional. Apparently they apply something like BIM20205 - Business Income Manual - HMRC internal manual - GOV.UK (badges of trade). SO how do you really...
@CyprusLaw thank you! I have a few follow up questions :)
may I ask, how you know it will be friendly?
do you have an idea, when this will be applied? all trades after a due date are treated according to the new rules? hindsight for the whole tax year 2022?
if you trade or stake within an Ltd...
Hey there,
I am actually in a very similar position - already checked out all the options in Cyprus and leaning towards a Ltd.
Already talked to a few 'agents' and one of them sort of warned me that Cyprus might clarify or change the taxation on crypo in the next months. If they will treat it...
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