Crypto-Friendly Places To Live In 2023
One of my followers on Twitter requested I write an article about this subject so I thought what the heck let's do it. It might be fun researching the crypto-friendly places around the world and then when one of these so-called 100x coins makes me rich I’ll know the best place to relocate.
What Makes A Country Crypto-Friendly?
A lot more than you would think! Just because a country has many crypto users doesn’t necessarily mean it’s crypto-friendly. In fact, the smaller countries you might never think of are often the friendliest. A country is seen as crypto-friendly because it has…
- Zero (or very little) crypto income taxes
- Zero (or very little) crypto capital gains taxes
- Easy residency regulations for foreigners
So now you know why a country gets classed as crypto-friendly let's take a look around the globe in no particular order at countries that are classed as crypto-friendly.
Dubai
Dubai is one of the main crypto hubs on the planet and the reason so many investors are relocating to Dubai is due to the fact they don’t impose any capital gains tax or income tax on crypto trading. Tourists can sell Bitcoin for cash in Dubai in exchange for different fiat currencies.
