Thinking of Moving? Top 3 Countries Where Crypto Gains Are Tax Exempt

By LocoSocioCrypto | LocoSocioCrypto | 21 Feb 2024


If you're anything like me, you love travelling the world and seeing new places. I've been fortunate enough in my life to have lived in 4 different countries and am currently in the process of moving to my 5th country! So today, I wanted to offer a few places where cryptocurrency is tax free (or essentially tax free) that you may want to consider moving to as well!

1. Germany

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FUN FACTS

  • Crypto is tax free in Germany if it has been held for more than 1 year
  • Germany has over 5,000 brands of beer, 1,500 types of sausages, and 3,200 different styles of bread
  • The Autobahn highway has no speed limit on certain lanes
  • The birthplace of the Christmas tree

2. El Salvador

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FUN FACTS

  • All value and earnings from digital sources are completely exempt from taxes
  • Bitcoin is an official currency along with the U.S. dollar
  • Home to more than 100 volcanoes - the flag of El Salvador even has a volcano on it
  • An underrated hotspot for surfing and one of the lowest crime rates in all of Latin America

3. Switzerland

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FUN FACTS

  • Crypto gains are tax exempt for private investors
  • Home to the world's longest tunnel - the Gotthard Base Tunnel
  • Contains more than 1,500 lakes and more mountain peaks than any country in Europe
  • Has four official languages - German, French, Italian and Romansh

Some Other Potential Countries Where Crypto Gains Are Tax Exempt

  • Belarus
  • Malaysia
  • Singapore
  • Malta

***Which country would you move to?? Leave your answer in the comment section below!***

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LocoSocioCrypto
LocoSocioCrypto

I am interested in the inter-connection between cryptocurrencies, society, and psychology.


LocoSocioCrypto
LocoSocioCrypto

Examining the inter-connection between cryptocurrency, society and psychology.

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