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Portugal the bitcoin friendly nation

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attachThousands of Ukrainians, including many involved in the crypto space, have chosen Portugal as their new home. Portugal is really an attractive destination since the country is crypto friendly and its relatively affordable cost of living and crypto-friendly tax regime.


From a report made by news.bitcoin.com:

Portugal maintains a zero-percent levy on profits from private crypto investments. When these gains are not resulting from professional activities, they are not subject to income tax. Some foreign nationals can also benefit from a flat 20% income tax and 10% tax on pensions.


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