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Lets say you're in a possession of a moderate amount of crypto and you'd like to cash out some of it without:

* having to pay tax (or pay just a little)
* having your day to day bank account flagged / closed for dealing with crypto

For the argument sake let's say $100k in ETH and BTC to cash out.

How to do that? For that amount it's worth travelling pretty much anywhere in the world, especially if it saves you 20%, 30% or 40% on tax, depending on where you live.

Are there any crypto-friendly and tax-friendly countries in the world where one can open a bank account and pull this off?

Asking for a friend, of course. That said friend owns an EU passport FWIW.
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1 Answer

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P2P. Sell small amounts and spread across your different bank accounts.
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This actually depends on your country
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Habibi go to Dubai
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Seems like less hassle to just cash it out rather than coming up with an elaborate overseas plan to avoid taxes.
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