DLS Dubai - Company Formation & Bank Account
UK Ltd with emi bank account
Turner Little - Company Formation Agents
Offshore Bank Accounts

Quick Cashout Bitcoin - Portugal vs Malta for EU Citizen

CALL US ON +971 50 4467827 - TO SETUP YOUR NON-CRS COMPANY STRUCTURE IN DUBAI.
Bank Accounts, Company Formations, Tax Planning, Residency Solutions, and more

dlttrading

New member
From my understanding it would be very hard to buy directly with crypto . the laws are different from country to country. some countries want that you open account in your name and deposit the money there first. i would recommend to get cheap portugaese mortgage . they give 70% for less than 1%. you need docs of your employment income. very easy
 

CoffeeExpert

New member
From my understanding it would be very hard to buy directly with crypto . the laws are different from country to country. some countries want that you open account in your name and deposit the money there first. i would recommend to get cheap portugaese mortgage . they give 70% for less than 1%. you need docs of your employment income. very easy
Get a golden visa using a mortgage? How do you get a portugese bank account remotely?
 

Brutus

Active Member
Do more than 1 trade and you are considered a professional trader AKA you will get taxed heavyly like in Malta, Slovenia, Switzerland or any other EU "crypto friendly" country. I did a lot of research so I know what I'm talking about.
What’s your source for this claim. I have read a lot about it and never came across such info
 

dread pirate

New member
Not so simple. I asked about buying real estate for cryptocurrency, for example, from my wallet. What you are talking about is different. Here you must first transfer all the cryptocurrency to the exchange like Binance, then change it to dollars there, open an account in a Dubai bank, send these dollars from the exchange to a Dubai bank. There will be a lot of questions in this, incl. from the side of the exchange where you got your bitcoins from, as well as from the side of the Dubai bank.

Buying real estate directly with cryptocurrency looks much more interesting. Especially if you do not need to return money to the country of your citizenship.

Buying real estate in Portugal sounds more better, including that you will get Gold Visa and will be able to have a good rent out income from your property in next 5 years, and after will get PT passport. For not european people this is good idea, IMO. Only one thing is a questions - how to buy real estate there for crypto, directly.
You can't - why would an agent or owner take the depreciation risk?
Portuguese real estate is hot property right now (pardon the pun) with no shortage of buyers. Add to this the fact that golden visa regulations on where you can buy are about to change next year for the worse so why would anyone want to deal with the hassle of crypto?
A solution would be to use an OTC company and have them send the money to the agent or buyers account.
 

dread pirate

New member
JonnyG is wrong.
Yeah he is clearly full of cow manure. Almost all his comments are misguided opinions, here-say, or outright FUD

Maria Anna Pescadinha, a Portuguese attorney was recently on Crypto tips youtube channel and she said Portugal not taxing crypto is not ending anytime soon bc there is currently no law proposed to change the status of btc to a coin of legal tender. If it's not legal tender u can't be taxed on it.
 

dread pirate

New member
What you think about this?
A lot of similar sites in google. So this is real - I mean to buy something like this in many countries including PT
This company list approximately 8 properties for sale in all of Europe with 3 in Portugal
Not exactly a great selection.
Maybe in he future it might be viable and many more sellers interested but when this bull market is over sellers will likely dry up
 

Piano

Entrepreneur
This company list approximately 8 properties for sale in all of Europe with 3 in Portugal
Not exactly a great selection.
Maybe in he future it might be viable and many more sellers interested but when this bull market is over sellers will likely dry up
That website is already gone ?!
 

JosephLL

New member
Btw is anybody know, is is possible to by property in PT for gold visa for btc/eth or other crypto?
This always triggers a tax event. Every country will always treat that as: btc->fiat->real_esrate transaction. First step triggers a tax event.
 

John Spectre

Entrepreneur
This always triggers a tax event. Every country will always treat that as: btc->fiat->real_esrate transaction. First step triggers a tax event.
No need to generalize the example of one country to the whole world.
You can't say about *any* country in the world if you don't know for sure every law in every country.

In fact it very depend on each country laws. Some countries trigger tax event, some not, at some crypto is a legal tender.

Even number of countries have workarounds where taxable event could be legally avoided.



Simplest example - countries where real estate could be purchased with pure cash without red flags. These countries could be used for purchases properties with crypto easy-peasy.
 

azb1

Entrepreneur
No need to generalize the example of one country to the whole world.
You can't say about *any* country in the world if you don't know for sure every law in every country.

In fact it very depend on each country laws. Some countries trigger tax event, some not, at some crypto is a legal tender.

Even number of countries have workarounds where taxable event could be legally avoided.



Simplest example - countries where real estate could be purchased with pure cash without red flags. These countries could be used for purchases properties with crypto easy-peasy.
Best option for BTC->Fiat is "purchase real estate" without any headache (Personal View)
Crypto taxation is still developing thing, whole crypto industry is not matured yet.
Better to not to declare any Crypto holding to any government.
 

Dreamy

New member
Best option for BTC->Fiat is "purchase real estate" without any headache (Personal View)
Crypto taxation is still developing thing, whole crypto industry is not matured yet.
Better to not to declare any Crypto holding to any government.
As we discussed this is not so easy like it can be.
 

azb1

Entrepreneur
Can you show please at least few trusted realty estate companies in Europe that work with crypto? Or not in europe, in Asia for example.
Hard to find , So many Crypto real estate company shut down. If you find one It will be jack pot
 
Offshore Bank Accounts
DLS Dubai Company Formation and banking solution

Latest Threads

banner-768x909d6f12840c2c058f.gif
Offshore Bank Accounts
Top