Theoretical Crypto Tax?!
Biden sets the stage for the west to go full retard
[spoiler alert]
Most western governments are going to drive up asset prices and tax you on theoretical/unrealised gains. That rental home you bought, your Tesla stock and your crypto. That inflation has to go somewhere and they will be there to collect it. Don't be fooled when you hear it's wealth tax for Billionaires. It's not.
The time to think and act, if you need to, should be front of mind right now. You know travel can be cut off or even going 5km from your home can be cut off within a few hours notice.
The mainstream media news cycle has been reporting on Ukraine....right?
Meanwhile....most nations have quietly signed onto a international bill to enact a worldwide state of emergency with the World Health Organization (WHO). WHO now have jurisdiction worldwide over emergency shutdowns and enforcement via UN troops and NATO.
Your local or federal government "representatives" did that to you March the 1St this year.
This means if another health scare comes along or a change in the tax system comes along, you might be stuck where you are. If your local police won't go along with enforcing anything they will be replaced with UN troops. Germany's parliament just rejected a bill to bring compulsory vaccinations into law on their citizens!
I digress...
If you are only just thinking of becoming a tax resident of a second country to keep more of your gains (while you are waiting for the dum dums to revolt) the time to act is before you are faced with less options.
I comment about some stuff that would get most people eye rolling here, but I hold back most of the stuff I research to try to keep focused on crypto in chat. So sorry if this information is news to you, but there is still time to act😎
You might want to live in your present country and incorporate elsewhere, where your taxes are treated better and give yourself a plan B if things get bad where you are.
More options = Better.
Go to NomadCapitalist.com and at least sub to their email list. That's who I will be using and I will report back my experience of course. 🥸
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The next week to four weeks there are major plays that have been in the works since last year in June! Make sure we stay in touch.
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