Hey folks.
This is my first time posting here, and I just hope I"m posting on the right forum.
Here's a bit of the background story.
I'm from South Korea.
But this country is turning into a fucking joke.
They want to regulate everything, At this point, I don't even know what's the difference between South and North anymore.
They are currently implementing all the payment systems, which most of the systems are owned by Chinese company.
Also, the taxlaw itself is vague AF, it's all depends on the interpretation of the law of the taxman.
So, there are multiple cases of people puking up fuckton of tax after living decades abroad.
I was lucky enough to work abroad for years, but if I ever try to bring back this money back to Korea, it all becomes somehow illegal
Like I paid taxes in Malaysia, Indonesia, Netherlands, Germany,... but if the taxman doesn't accept the evidence, everything will be charged under "underreported income"
Of curse, this can be avoided if I hire some ex-taxman attorney, pay then 100k USD Worth of payment, but then they are gonna torture my family by summoning them and give "Audit" to them. Now, since I got 5 members in my family, It'd cost me a half of a million USD just to hire those people to protect them. WTF
So yeah, I need to move to another country that comes with Permenant residence, Then citizenship asap with crypto.
And hopefully cash it out without having Proof of Funds. (Like I bought my crypto from CEX mainly, through P2P and bank deposits, but the moment I'd ask them for the 10 years of banking transaction, it'd raise red flags to Korean gov)
I have been going through all the posts here, but I'm not sure how up-to-date those informations are.
I don't mind moving to Panama,ARgentina, or anywhere.
My South Korean nationality gets canceled at the moment I get the second citizenship,
So it cannot be that the Nauru, or Vanuatu, Or Saint kits... ETCETC, as I still need a decent passport to travel.
Thank god, the crypto tax is examined til 2027, so I'm thinking about within 2026, I'd move to anywhere with the gains from this bull run.
Initially I wanted to move to Dubai, then move to Thailand or elsewhere, but then I heard it's kinda impossible to move money from Dubai to elsewhere, and they don't give out PR or Citizenship.
How about Panama? How about elsewhere?I heard that Turkey is currently giving thorough Proof of Fund check for all that.
Now, I'm looking for your wisdom. Cheers folks.
This is my first time posting here, and I just hope I"m posting on the right forum.
Here's a bit of the background story.
I'm from South Korea.
But this country is turning into a fucking joke.
They want to regulate everything, At this point, I don't even know what's the difference between South and North anymore.
They are currently implementing all the payment systems, which most of the systems are owned by Chinese company.
Also, the taxlaw itself is vague AF, it's all depends on the interpretation of the law of the taxman.
So, there are multiple cases of people puking up fuckton of tax after living decades abroad.
I was lucky enough to work abroad for years, but if I ever try to bring back this money back to Korea, it all becomes somehow illegal
Like I paid taxes in Malaysia, Indonesia, Netherlands, Germany,... but if the taxman doesn't accept the evidence, everything will be charged under "underreported income"
Of curse, this can be avoided if I hire some ex-taxman attorney, pay then 100k USD Worth of payment, but then they are gonna torture my family by summoning them and give "Audit" to them. Now, since I got 5 members in my family, It'd cost me a half of a million USD just to hire those people to protect them. WTF
So yeah, I need to move to another country that comes with Permenant residence, Then citizenship asap with crypto.
And hopefully cash it out without having Proof of Funds. (Like I bought my crypto from CEX mainly, through P2P and bank deposits, but the moment I'd ask them for the 10 years of banking transaction, it'd raise red flags to Korean gov)
I have been going through all the posts here, but I'm not sure how up-to-date those informations are.
I don't mind moving to Panama,ARgentina, or anywhere.
My South Korean nationality gets canceled at the moment I get the second citizenship,
So it cannot be that the Nauru, or Vanuatu, Or Saint kits... ETCETC, as I still need a decent passport to travel.
Thank god, the crypto tax is examined til 2027, so I'm thinking about within 2026, I'd move to anywhere with the gains from this bull run.
Initially I wanted to move to Dubai, then move to Thailand or elsewhere, but then I heard it's kinda impossible to move money from Dubai to elsewhere, and they don't give out PR or Citizenship.
How about Panama? How about elsewhere?I heard that Turkey is currently giving thorough Proof of Fund check for all that.
Now, I'm looking for your wisdom. Cheers folks.
