Oddbean new post about login | logout But you are tax free after 1 year. That is better than most places.
No it's not. There's an exit tax on your entire stash. That's far worse than most places. https://mcs.pt/crypto-taxation-in-portugal-a-comprehensive-guide-for-2023/#:~:text=Exit%20Tax%3A%20If%20an%20individual,imposed%20on%20all%20crypto%20assets.
Just wait a year... It's literally all you have to do. And that is better than most places, very straightforward.
Nope. The one year rule applies only to those not actively trading. If there is no other income besides bitcoin, then there is a chance you'll be charged income tax too. The exit tax applies to your entire stack so unless you sell all after a year or longer, there will always be a hefty exit tax. Sure you can hide your stash or claim a boating accident but how are you going to explain purchasing that fancy villa in that case?