Immigration by Investment; the perfect step for crypto investors and traders in India.

Home > Immigration by Investment; the perfect step for crypto investors and traders in India.

Cryptocurrency is a booming industry in many parts of the globe today. It is one of the most convenient forms of making transactions and provides utmost flexibility too. Even better is that it offers a new type of individual empowerment that is both exciting and dynamic. The digital asset is also flourishing for many other reasons. It protects against inflation, is cost-effective, and is also a secure way to make payments. What is even more interesting about this is that it is a private method that is self-governed and managed. 

Today, we’ll look at some top crypto friendly countries where cryptocurrency can be used without any objections and these countries all have impeccable immigration by investment policies. So why not move there today ? 

Malta

Malta has been using cryptocurrencies for the longest time now. For example, Binance returned from Japan to Malta because they thought Malta was more favorable. Malta is claimed as one of the most crypto friendly countries. Now, cryptocurrencies are also being used for trading purposes. 

Authorities have passed the below bills to make the island a global leader in cryptocurrency regulations:

  • The Innovative Technology Arrangements and Services Act
  • Malta Digital Innovation Authority Act 
  • Virtual Financial Asset Act

Agribank, Paytah, Founders Bank are the crypto friendly banks in Malta.

So hurry up and get the Malta Citizenship by investment today.

In Canada, no laws have been enacted that officially call cryptocurrencies illegal. That is why many cryptocurrency businesses can function in the country without any objections. Such an open-minded attitude helps people try out something new and make the most of new technology for future opportunities and advancement. However, we think that this type of attitude might not be present for too long here. Even so, Canada is considered a crypto friendly country.

In Canada, there are 1,464 bitcoin-friendly ATMs. It can be said that Canada is one of the cryptocurrency legal countries.

Start your application for the Canada Startup Visa and enjoy a crypto friendly lifestyle.

Portugal

Today, if you are looking for some of the most crypto friendly countries in the world, Portugal is bound to reach the top. Cryptocurrency is tax-free in the country and many crypto traders have already made Portugal their second home. The enthusiasm related to crypto in Portugal is very high. Portugal established a “Digital Transitional Action Plan” in April 2020 to promote digitization. The government declared that this plan would create the appropriate climate for business innovation and digital transformation. The action plan also includes “Technological Free Zones” to enable blockchain and other field experiments. Therefore, Portugal is the leader of countries supporting cryptocurrency. Hurry up and begin your pathway to EU Citizenship with the Portugal Golden Visa today.

Germany

Germany has a unique approach when it comes to cryptocurrency taxes. The country favors individual investment and it regards bitcoin as private money rather than a currency, commodity, or stock in the country. According to German laws, bitcoin and other cryptocurrencies are exempt from capital gains tax if held for more than a year. On sale and purchase, they are not subject to VAT. 

If you exchange the funds for cash or other cryptos within a year, your profit will be tax-free if it is less than €600. Thus, Germany can be considered as one of the cryptocurrency friendly countries. Become a German resident today with the Germany Residency by Investment program.

Singapore

Within Southeast Asia, Singapore is renowned as a fintech hotspot. The central bank of Singapore, the Monetary Authority of Singapore, believes that the cryptocurrency ecosystem should be closely supervised to avoid money laundering and other criminal activities, but that innovation should not be impeded. Thus, it makes Singapore a crypto friendly country.

There is no capital gains tax in Singapore. Individual and corporate cryptocurrency funds are not subject to taxation. However, if a corporation is based in Singapore and operates as a crypto trading company or accepts crypto payments, it is subject to income tax. Get your Singapore PR by Investment and live on our favorite high tech island.

If you plan to make bitcoin investments or use another type of cryptocurrency, these crypto friendly countries could help you. So, make sure you invest in their residency and citizenship programs after careful inspection and leave no stone unturned for safety. Also, note that as regulations of crypto countries might change from time to time, it’ll be wise to check the updated information before you make any investment in a country.

You can also speak to our immigration by investment experts to help you. Since they have professional knowledge, they can be better equipped to guide you. Contact My Global Citizenship today. We hope you enjoyed our guide to top crypto countries for residency by investment.

More Posts

USA EB-5 PROGRAM

WHAT IS THE EB-5 INVESTOR VISA PROGRAM? For those who wish to acquire permanent resident (‘green card’) status, the US EB-5 Immigrant Investor Program is the most efficient way to acquire such status. Since 1998, when congress created this program, each year, USA government allocates a substantial number of visas for individuals who wish to make a significant investment into the country. Under this program, individuals and their family’s members can become permanent residents in USA within a short period

Behring wins suit against USCIS – EB-5 regional centers back in business

The US District Court for the Northern District of California issued a decision today in Behring Regional Center’s lawsuit seeking a preliminary injunction to stop United States Citizenship and Immigration Services (USCIS) from deauthorizing previously designated EB-5 Regional Centers. “We are relieved to have the courts favor in issuing the preliminary injunction stopping USCIS from cancelling EB-5 regional centers,” said Colin Behring, CEO of the Behring Companies.  “The ruling is strong and clear in its language that EB-5

Canada experiencing high job demand and shortage in labour market. Now is the perfect time to move to Canada !!

High job vacancies coupled with low unemployment make for a tight labour market in Canada. Job vacancies in Canada climbed to 957,500 in the first quarter, the highest quarterly number on record according to Statistics Canada. The number of job vacancies has spiked by more than 72% representing about 401,900 positions compared to the first quarter of 2020. Job vacancies in Q1 2022 surpassed the previous record high numbers recorded in Q4 2021 by nearly

Portugal is officially a millionaire hotspot !!

Portugal is among the top ten countries in the world that attracts the most millionaires. This year, around 88,000 millionaires are expected to move to a new country, with Portugal expected to receive 1,300 new millionaires, putting the country in sixth position in the countries that attract the most millionaires. The ranking is led by the United Arab Emirates, with 4,000 millionaires expected to arrive there by the end of 2022, according to the “Henley

Share:

Send Us A Message