Best Way to Cash Out Millions in Crypto

Best Ways to Cash Out Crypto ▶ • How to Cash Out Millio...
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Summary of this video:
💰 Cash out strategies for millions in crypto
- Strategies for cashing out large sums of Bitcoin or USDT to a bank account while minimizing tax liabilities.
- Importance of choosing the right jurisdiction for tax residency and banking.
🌍 Choosing tax-friendly jurisdictions
- Comparison of tax advantages in countries like Poland, Dubai, Paraguay, and Barbados.
- Benefits of quick tax residency processes and minimal tax on crypto gains in select jurisdictions
- Detailed process of obtaining tax residency in Barbados within two weeks.
- Overview of tax benefits including zero tax on crypto and foreign sourced income.
🏦 Establishing a trust in Cook Islands
- Advantages of setting up a trust in the Cook Islands for asset protection.
- Using a Cook Islands LLC to facilitate banking in Switzerland or Liechtenstein for secure asset management.
📈 Financial benefits and considerations
- Benefits of earning yields on funds in Swiss accounts and protection against inflation.
- Important tax considerations for individuals leaving high-tax countries and implications for US citizens.
DISCLAIMER: This video is not tax and/or financial and/or investment 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.