How To Cash Out Crypto Tax Free
How to Cash Out Crypto and Avoid Taxes Legally in Dubai, UAE
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✅ HOW TO SETUP A CRYPTO COMPANY IN DUBAI: https://youtu.be/FH4dqYyVaKU
✅ BINANCE MOVING TO DUBAI: https://youtu.be/fyd2uOR4PAc
✅ BEST AREAS TO LIVE IN DUBAI: https://youtu.be/-9V8GFoqsOs
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Videos mentioned:
UK Tax Residency and Tax System Explained: https://youtu.be/Dg4g331B1-o
Australia Tax Residency and Tax System Explained: https://youtu.be/PjX-kaa6gKg
Canada Tax Residency and Tax System Explained: https://youtu.be/RYNkke_Kc5w
How US Citizens Can Pay Zero Taxes: https://youtu.be/AbLlS8JfMzo
SUMMARY:
In this video we talk about cashing out crypto tax free in Dubai, and the entire process required to cash out crypto to fiat and physical cash without paying taxes legally in Dubai and the United Arab Emirates. I have personal experience cashing out a lot of crypto to the bank Emirates NBD in Dubai and I’ve helped many of my clients cash out crypto to their bank accounts as well as to cash in AED Dirham.
You can also buy many products in Dubai using crypto such as luxury items like cars, homes, and others, you just need to find someone willing to sell the product for crypto. Dubai is growing in terms of becoming the crypto capital of the World and they’re welcoming many crypto investors to the city with their fast and efficient residence programs and crypto laws. You obviously pay 0% capital gains and personal income tax on any crypto amounts as long as you’re not tax resident in any other high tax country.
Who is the Wealthy Expat?
The Wealthy Expat is run by Rafael Cintron, it’s a Youtube channel and vision dedicated to helping you lower your taxes, get a second citizenship, and travel the World to increase your freedoms and happiness. Rafael Cintron is a 7-figure entrepreneur who’s traveled to more than 60 countries, gotten multiple residence permits all over the World, and a second citizenship by investment. He is committed and passionate about teaching you these topics.
If you want to learn more about Rafael and his strategies book a free call with him here: https://wealthyexpat.com/apply
In this video we talk about:
tax friendly countries, avoid taxes, pay zero taxes, withdraw crypto in dubai, crypto dubai, dubai crypto, uae crypto, dubai cash out crypto, cash out bitcoin, cash out crypto and avoid taxes, nexo exchange, emirates nbd crypto, banks in uae crypto, dubai banks crypto, dubai world trade center crypto, crypto company uae, crypto company dubai, dubai cryptocurrency, dubai crypto exchange, dubai cryptocurrency exchange, binance dubai.
Other related people in this topic:
Nomad capitalist, robert kiyosaki, offshore citizen
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I’m not a financial advisor nor do I pretend to be. Always do your own research.
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Thank you for watching this video on how to cash out crypto tax free!
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Could I cash out crypto for 6 days a week (all coinsfera working days) and deposit it in the bank everyday as well or would that raise a flag?
How about cashing out if you have a St. nevis and kitts passport?
First of all great video. I live in a country where you can buy things with crypto tax free. Do you think it would be possible for me to buy gold or selver and than sell it for cash? As i know people willing to buy. Thanks
Can you use an Emirates id to kyc?
Thank you for keeping your language clean, your tone upbeat, and not saying OM*. I will be listening to you going forward on this topic.
I'm surprised you didn't mention the very straightforward method that works practically everywhere: you use Nexo or some other service to take a loan out against your crypto, and then you pay off the loan with your crypto. The end result is basically cashing out your crypto for free and tax-free.
Is it easy to get DMCC crypto licence ?
Wow! You just made life easy for me. Now I can go full blast into Crypto business. Thanks for this eye opening video. God bless you.
damn, love your explanation
How about a corporate tax from July 2023?
Great video, thanks.
Interesting video, the Emirates NDB has a string of terrible reviews on both Facebook and Google…are you sure NDB is good or are all the other banks in UAE worse?
Thank you
Brian
How can i contact you? for P2p of my crypto.
Not need nexo or Gemini because charge high fees ! Straight Binance account , easy way