Recent content by Revoltec

One thing that kept me away from Germany is that by national law it is not clear what the definition of a 'permanent home' is in case you do not work in Germany (in case you do have a job, the general guideline is 3 months physical presence), which can be a problem for tax treaties. In order to...

Anyone on the ground in Georgia trying to go this route? Feel free to connect with me

I do not understand what this means. If a tax treaty exists and everything comes down to physical presence, then just spend a majority of the year in one country

Is there any risk of not being accepted for tax residency in case you spend more than 183 days and them claiming you were only here for leisure in case you have no job or something like that? I'm wondering why they have added the exclusion on leisure in the tax law at all? Something written...

Have any of you already perhaps started thinking about an 'exit strategy'? It might be smart to sketch a plan now already. You can't predict the top, but you can be quite wrong and still make a lot by buying more at lower levels during the next bear market. I imagine it could be interesting to...

Check the requirements for exit tax. As far as I know, it only covers stocks and if you have been a tax resident for 7 years

Actually Germany is the same. No tax for crypto that has been held longer than 12 months. Just check posts on Reddit. There are people doing it. If your country has a tax treaty with Germany, there is not even a time limit set for how long you need to be in Germany as Germany got a dwelling...

As you already have a Latvian passport, just move to Germany a few months and cash out your crypto there tax-free. Just make sure that Germany will be your only tax residence according to the tax treaty. Then do whatever you want

Was the origin of the phone number and your current location the same as your residency? I think I got rejected because of this. Advcash recently lost its SEPA provider as well.

Another reason why Cyprus might be bad is because you are not a tex resident from first day like in Germany due to dwelling based taxation

Im currently in the same situation. Im trying to find out if there is a requirement for someone to be a tax resident of the full holding period of 12 months. Regarding the 6-month question, that is not true if your only permanent home is in Germany due to the OECD tie-breaker rules. If Romania...

Where the money is located is his smallest problem here (for tax purposes that is, he should still move them out of Germany ASAP). Within EU there is good collaboration on confiscating assets so I wouldn't play with that. Even within the OECD there is a standard for collecting such tax debt if...

Exactly, because if Germany argues that you in fact did had a dwelling in Germany (God forbid you do not have an official registration in the new country) things will get ugly. Then they will look at the tie-breaker rules if there is a treaty between the countries. If there is not, only proof of...

May I ask how you know that they wouldn't be interested in transactions of 300k?

Check if the interest is lower than the inflation first But when did you actually deregister from Germany? By how the laws are written, if the criteria if permanent home is defined, nothing else will be looked at. But then Germany also got dwelling based taxation so that can be up to evaluation.