Buying real estate with crypto?

[Sols]

It's not as if it's impossible to do due diligence and conduct SOF/SOW checks for crypto.

 

[CyprusLaw]

It's not as if it's impossible to do due diligence and conduct SOF/SOW checks for crypto.

to the contrary, the wallets themselves can be checked using a good compliance tool such as chainalysis, and then it's a normal SoF check

 

[rainman101]

Why would you assume this? I have completed several real estate purchases for clients using crypto, the KYC that is being undertaken is very thorough, completing due diligence on the wallets themselves using appropriate KYC tools. There is nothing shady here, provided that all proper checks are completed.

Did you not read this bit? Clear really.

KYC is held to a minimum and buyer only just makes a statement on the sales contract that the crypto funds are from legitimate sources.

 

[wellington]

Don’t know what all the fuss is.

Yes surely there’s some questionable transactions, no different to shell corps, under table, cash transactions etc

Vast majority though will have SOW or SARS etc

 

[wellington]

Crypto and Money Laundering: An Inconvenient Truth | Binance Blog

There’s an inconvenient truth for those who wish to portray crypto as a money-laundering paradise.

www.binance.com

 

[JohnnyDoe]

Money laundering 101: don’t use instruments that are transparent, traceable, independently auditable and immutable.
With a good team of lawyers, bankers, accountants and hookers you can launder the world (using fiat).

 

[CRE]

As per the title... Is it possible to buy real estate with crypto?

Anyone here done it?

What are the pros and cons?

Which countries make it the easiest?

privacy concerns?

etc...

Thanks.

Yes it is possible and our company is dedicated to offering this solution to investors from around the globe. Please check out our website (www.coinrealestate.ae) for more information or contact us via +971509444794.

 

[Cetme308win]

Yes can be done.... I know people here in Spain selling real estate for Crypto (mostly USDT)