residences with 0% or low taxes for trading activities

[Andrei636]

Hello !
Being a european citizen in a country that tax highly both crypto investment and crypto trading, I am wishing to move abroad to get a new residence with lowest tax possible on these activities
Any advice ?

Thank you !

 

[GiGoGo]

Hong Kong is a good place, 0% for any Bitcoin trade. Tax office don't look after this deals

The problem Is banking, they use to close your bank account if you trade with the wrong people, but there's ways to avoid this.

 

[Andrei636]

Thanks for your answer!
I will consider HK, well it's only for online trading from platforms, so there is no problems with "wrong people"
Are there any alternativ to HK which is very far and expensive, do we really get 0% on all trading even if its your professional only activity there ?

 

[GiGoGo]

Have a look to this article

https://<<snippet>>.com/2014/04/06/top-5-expat-friendly-countries-with-no-capital-gains-taxes/

There should be more countries

 

[Andrei636]

Any crypto trader could tell something about his experience as a resident of malta or dubai ?

 

[nomad999]

Malaysia also have no capital gain tax.
best bet from my research is to move to a territorial taxation country and trade under a company incorporated in HK or some other place with no or very low corporate tax.