Wealthy cryptocurrency investors are increasingly moving to tax-friendly jurisdictions such as the United Arab Emirates, El Salvador, and Eastern Europe to minimize taxes on their digital asset gains. Notable figures like Lark Davis have relocated from New Zealand to Dubai, also acquiring Grenadian citizenship for $250,000. Rafael Cintron, CEO of Dubai-based Wealthy Expat, notes that over 80% of his clients are involved in crypto, with many seeking tax-free residency before their fortunes grow. Experts suggest relocating before significant gains to avoid high tax obligations in home countries.
Crypto Investors Relocate to Tax-Friendly Jurisdictions
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