Best country to cash out 800k$ BTC to FIAT

poapoa

New Member
I'd like to be resident in a country where i can cash out 800k$ or more per year.
I do have proof of trade from years ago if banks ask but i know in some country proof are useless because profit related to bitcoin are not accepted.

So, whats the best country and the best bank in this country to link to a crypto exchange and make sure they don't freeze anything.
 

libertycity

Active Member
Some APAC areas are perfect with high privacy and you can also enjoy your life with the money.If you need some help,I can send you some details,HK is the top one in those areas.
 

Cetme308win

Trusted Member
Business Angel
Some APAC areas are perfect with high privacy and you can also enjoy your life with the money.If you need some help,I can send you some details,HK is the top one in those areas.
Bro can you send the details to me too? I'm Interested
 

libertycity

Active Member
Bro can you send the details to me too? I'm Interested
Trading bitcoins will not cause you any issues in the areas I suggest you,it is legal and protected.
But you can not do the dirty business to get those bitcoins.
There are many areas and methods in Asia you can choose to enjoy your life with those bitcoins.
I can not input them all here because I am not sure what kinds of life you prefer even what country passport you are having now.
If you have chance to visit HK,CN,CM,TH,I can meet with you to provide you a solution if our time matched.I also have casino business in Cambodia,Sihanoukville,so mostly I will be there on the beach side.
 

Cetme308win

Trusted Member
Business Angel
Trading bitcoins will not cause you any issues in the areas I suggest you,it is legal and protected.
But you can not do the dirty business to get those bitcoins.
There are many areas and methods in Asia you can choose to enjoy your life with those bitcoins.
I can not input them all here because I am not sure what kinds of life you prefer even what country passport you are having now.
If you have chance to visit HK,CN,CM,TH,I can meet with you to provide you a solution if our time matched.I also have casino business in Cambodia,Sihanoukville,so mostly I will be there on the beach side.
I don't do any dirty business just bought them to other people as an investment so I'm safe....can I send you a DM?
 

OTR365

Building Trust
Entrepreneur
I'd like to be resident in a country where i can cash out 800k$ or more per year.
As far as I know, bitcoin profits are not taxed in Slovenia, in case 1) the coins are not received as a compensation for work and 2) we're talking about a private person, not a company.

Slovenia is not a well-known country, but their geographical location is not bad at all. I could imagine living there the required 180 days, and spending the rest of my time on Croatian beaches, Italian cities and the Austrian Alps. All neighboring countries, a short car drive away.

Bitstamp is originally a Slovenian company, and their banking connections are good. As for the bank, you can find several threads about crypto-fiat banks and EMIs via the search function.
 

deepocean

Member
As far as I know, bitcoin profits are not taxed in Slovenia, in case 1) the coins are not received as a compensation for work and 2) we're talking about a private person, not a company.

Slovenia is not a well-known country, but their geographical location is not bad at all. I could imagine living there the required 180 days, and spending the rest of my time on Croatian beaches, Italian cities and the Austrian Alps. All neighboring countries, a short car drive away.

Bitstamp is originally a Slovenian company, and their banking connections are good. As for the bank, you can find several threads about crypto-fiat banks and EMIs via the search function.
Slovenia is pretty nice. The country is structure wise much closer Austria than to Italy.
Everything from roads to laws is well organized and the bureaucracy nowhere near as bad as in Italy.
Compared to Croatia the beach front is more expensive but also much cleaner and better organized.
I especially like little towns like Piran, its worth going there for at least a summer holiday.
 

Satoshi

Member
Trading bitcoins will not cause you any issues in the areas I suggest you,it is legal and protected.
But you can not do the dirty business to get those bitcoins.
There are many areas and methods in Asia you can choose to enjoy your life with those bitcoins.
I can not input them all here because I am not sure what kinds of life you prefer even what country passport you are having now.
If you have chance to visit HK,CN,CM,TH,I can meet with you to provide you a solution if our time matched.I also have casino business in Cambodia,Sihanoukville,so mostly I will be there on the beach side.
I agree, Cambodia will give you cash :) No tax.
 

KJK

Building Trust
Entrepreneur
I agree, Cambodia will give you cash :) No tax.
This really isn't a good advice for OP... His situation is that he should get a residency somewhere nice and then find a bank that won't think you are a terrorist or CP producer for cashing out crypto. Quite possibly residency and bank will be in two different countries (and none of them have to be/should be Cambodia). After that, if living in SEA if your cup of tea, you can consider that...
 

blueweb

Corporate Services
Business Angel
Mentor Group
You simply want to setup a company in Georgia it looks with banking there, so you will cash out to this company and take out the money as you go. Or even better put it in the company in Georgia, transfer it to a Seychelles company with EMI account and cash out by card or buy stuff.
 

free1917

Mentor Group
Mentor Group
You simply want to setup a company in Georgia it looks with banking there, so you will cash out to this company and take out the money as you go. Or even better put it in the company in Georgia, transfer it to a Seychelles company with EMI account and cash out by card or buy stuff.
It's impossible to open bank account in Georgia for Georgian free zone company now...
 

moneyhoney

Building Trust
Entrepreneur
Mentor Group
I'm still not seeing any good solution.

Let's say you have a legit business gaining important amount of bitcoins every month, how to deal with it? Cause most of the banks don't wanna hear about it, no matter what the source is. I've seen lot of form to open accounts lately where they ask you specifically if you deal with crypto (if so, forget to get the account).
 
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