You are viewing a single comment's thread from:

RE: Crypto Nomad Visa vs Digital Nomad Visa

in LeoFinance4 years ago

What's to stop you from going to Portugal, for example, on a tourist visa and working from there, staying domiciled in your own country and paying tax there. Then moving on to another country on their tourist visa.

Seems the only problem would be if you wanted to stay somewhere for longer than 3 months at a time.

Obviously it depends on your country of origin but I think you could do this with a UK passport.

Posted Using LeoFinance Beta

Sort:  

Hi @gillianpearce

I think that is a good idea. I would like to try that one day.
I have never been to Europe, but I hope that when European restrictions on the US are relaxed I will go.

Posted Using LeoFinance Beta

If you make it to the UK give us a shout and we'll organise a local meet up in honour of your visit. 😊

!ENGAGE 20

Posted Using LeoFinance Beta

Wow!
That would be great!
Your very kind!

Posted Using LeoFinance Beta

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

As an EU citizen I don't need a tourist visa to Portugal or any other European country, plus have double citizenship, I can use the on favorable to the circumstances. But that's not the point.

US citizens on the other hand, or Africans or South Americans can't afford to fly back and forth every three months though.

The question is why can't I go and stay legally as digital nomad, doing crypto. Why can't they recognize crypto as wealth or trading crypto as a job?

You need proof of employment, as they see that as a source of guaranteed income. Once your contract is terminated, you can go home.
While in crypto, if you have a substantial stake, it can 2x, 5x, even 100x in time and you can guarantee you have more than enough to pay the bills comfortably. You could even buy some property if things go well.

Actually it's quite stupid. If you go as an employee, you have your monthly salary, which is a fixed amount. While in crypto, if your assets 2x, or 5x, you can spend more.

!ENGAGE 20

Posted Using LeoFinance Beta

Thank you for your engagement on this post, you have recieved ENGAGE tokens.