Any Irish bros here?

How does this actually work? How will Brexit change things?

>get a bank account with with some state who value the privacy of their customer, cayman, panama, swiss. This will cost you up to $1k, you may find cheaper

This doesn't work anymore as most banks report to home jurisdictions under the OECD CRS.

Fuck off taxman shill.

I'm Irish and I hold Safex Cash. Fuck, I think I'm gooona make eet! *beer*

Well, but dont you own taxes to the country where you lived in when made the money ?
Sound like a good plan but i would be scared to cash out a huge amount into the foreign bank account within the only 6 months living there, its obvious tax evasion

u dont even need a job dude, all u need is statements that u are paying rent or own a house there.

wait what? I'm Irish... wtf is this 33% your talking about?

BTW crypto is taxed as income in Ireland not capital gains so you're looking at 40% not 33%. I hear its simple enough to move to Portugal though

Safex is a scam

Attached: safex is a scam.jpg (698x347, 64.9K)

Capital gains tax.... now as i said just cash out small amounts .. Revenue are fucking clueless

Did the same a while back. Best bet is Portugal, have to live there for 183 days of the year (non consecutively) and be working there. The working is the tricky bit. Can just work a low level job like bartendinh while cashing out, or set up yout own company. You have to be renting there too or buy a property.

Honestly not the worst. Portugal is nice, can avoid our shite weather, and its a stones throw. Portugal dgaf once you're paying. Afaik there's a one off payment too. Id have no issue here if it was 15% and stress free, but 33% is just fucking insane. Just giving it away to recover from people who scammed the covid payment

Best of luck Eire bro, relevant to my interests.
Not there yet in terms of cashing out, but yeah good to know I'll go over to Portugal for a few months and lay low, most likely starting up my own job or something.

Ridic that it's 30%

Its not. That's if you're trading enough for it to be considered income. Hold it longer than a year, whip it all through tornado cash, swap to xmr, whatever. I have normie friends who have x10 understanidng of revenue, and they cant trace etherscan transactions to save their life.

If revenue get involved, they will put all their effort into getting the coinbase / revolut/ kraken (?) people who bought crypto. If youve a binance accouny thats non verified, take everything out, set up a one using protonmail, and log in using VPN everytime. Just in case you're worried about mo chara mor. Wish we had a discord or somethinc for irish bros.

How about coming back to the uk afterwards? How will brexit affect things?

UK is diff now because of brexit. If youre northern irish could try apply for an irish passpory or something. You would have to pay a residency fee to portugal yo get like a pseudo citizenship. Think its around 5k or 15% of cash out. Cant remember desu. Uk has better CGT than ireland though.

We're a fucking tax haven for foreign companies, but god forbid we make it on our own. 30% haircut, or 42% if you've been trading. Fucking insane. Id literally rather give Portugal 29% than this government 30%

we should get one going

Feel very sorry for the irish, goes unnoticed but really outcompetes sweden for a country that hates it's own people. I think it's because it gets masked by their hate of the english.

anyyy pooolish here?

What about just running it through monero and then selling on local btc or similar?

I thought cryptocurrencies had no tax as it was a currency.

Live in NI for a bit, UK is 10% up to basic rate allowance then 20% after not the best but similar to a lot of jurisdictions. I'm still gonna try to pay a lower rate somewhere else instead.

Problem comes when you pay hundreds of thousands of € into your bank. That's the issue for me, as soon I do that the banks will alert the revenue authority in your country to the transaction as suspicious in that regard.

what do you mean one off payment user? and what about trading you did when you were in ireland?

Still. 20% at worst is sort of doable if its completely stress free and there's no costs like travel to portugal/ rent/ new utilities etc.

33% at a minimum up to 42% is ridiclohs. Also Ireland, particularly Dublin is flat put insane expensive

Go for it brother. Am at work atm so cant do it, but itd be handy to have. Collective education and information etc. Also I hope you're in LINK

That's just the English influence, on your legal systems/politics. They also hate their own people. That tax is scummy though considering the extremely low corporation taxes.

is portugal 29% i thought it was 0% for crypto?

It's because we are too stupid to care how hard the EU are shafting us. Most Irish people are dumb, we went from being under British control to handing the country to the church to deciding that we need open borders and equal rights for fags in less than 100 years.