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RE: Crypto Nomad Visa vs Digital Nomad Visa

in LeoFinance4 years ago

I don't know if Portugal will be the first country to create this visa, or not. Portugal is very gentle with crypto, when it comes to taxing, that's why many decide to move to Portugal.

Imagine having millions in staking and various liquidity pools that earns thousands of dollars per month and then one country will tell you that you can't relocate there because you're earning in crypto. That sucks.

Hold on, because if that's the case, you have other options. If you have millions (USD value) in crypto, you can convert some into USD or EUR or any other currency, buy a property in that country and then you have other rights. If you are at that level, things change.

This crypto nomad visa would be important for the small players, that can afford to live off crypto and still have enough staked to earn more.

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Oh I'm part of the small players. I was just fantasizing when I said "imagine having millions in staking" lol

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We may get there if we keep staking and don't spend any of it. Maybe one day ... :)

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