Best Passports for Crypto Investors | Summary and Q&A

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February 20, 2022
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Wealthy Expat
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Best Passports for Crypto Investors

TL;DR

Find out the best passports for crypto investors, including Dominica, Antigua, Saint Kitts, Saint Lucia, Grenada, Malta, Portugal, and Turkey.

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Key Insights

  • πŸ’¨ Dominica offers a fast passport option that accepts cryptocurrency as the source of funds.
  • πŸ₯Ά Antigua and Saint Kitts are tax-free islands that are friendly towards cryptocurrency investors.
  • ℹ️ Saint Lucia and Grenada accept crypto but require an additional source of income.
  • πŸ‘» Malta's citizenship by investment program does not allow cryptocurrency as the main source of funds.
  • πŸ˜’ Portugal's Golden Visa program is a good option for long-term benefits and allows the use of cryptocurrency.
  • πŸ’± Turkey offers citizenship through real estate investment and accepts any currency, including cryptocurrency.
  • β™Ώ Consider the reputation and EU access of each passport option.

Transcript

hi it's the wealthy expat here i just got back from a yacht meetup that i did with my clients here at wealthy expat and one question that popped up a lot since there were a lot of bitcoin investors cryptocurrency investors mainly was what are the best passports for crypto investors that crypto investors should be looking at can you pay in crypto wh... Read More

Questions & Answers

Q: Can I use cryptocurrency as the source of funds for a Dominica passport?

Yes, Dominica allows you to show a cryptocurrency wallet as the source of funds for a passport. The wallet must be appraised and notarized.

Q: Which countries are tax-free for crypto investors?

Antigua and Saint Kitts are tax-free islands that are also crypto-friendly. They allow the use of cryptocurrency as a source of funds but require payment from a bank account.

Q: Can I get a passport through Malta's citizenship by investment program using cryptocurrency?

No, Malta does not allow crypto as the main source of funds. You need an alternate source of income, such as business income or capital gains.

Q: Can I pay for Portugal's Golden Visa program with cryptocurrency?

Yes, Portugal's Golden Visa program allows the use of cryptocurrency as a source of funds. The investment can be made in real estate, a fund, or starting a business with employees.

Q: Is Turkey a good option for cryptocurrency investors?

Turkey offers citizenship through real estate investment, which can be purchased with any currency, including cryptocurrency. However, the Turkish passport may not provide access to the Schengen area.

Summary & Key Takeaways

  • Dominica is the fastest passport option for crypto investors, allowing source of funds to be shown as a cryptocurrency wallet.

  • Antigua and Saint Kitts are crypto-friendly tax-free islands, but source of funds must come from a bank account.

  • Saint Lucia and Grenada also accept crypto but require an additional source of income alongside cryptocurrency.

  • Malta does not allow payment with crypto as the main source of funds.

  • Portugal's Golden Visa program allows the use of cryptocurrency and offers long-term benefits.

  • Turkey offers citizenship through real estate investment, allowing payment with any currency.

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