Who doesn’t know it: The portfolio screams early retirement, but you don’t know exactly what to do with your Bitcoin millions. We have selected four paradises that would welcome you with open arms. You’re welcome.
Some BTC on the wallet, and you don’t know what to do with it (and with you)? We show you four heavenly places to sip your martini undisturbed and get your money’s worth with your crypto millions.
Cayman Islands: The Classic
Of course, the classic millionaire hotspot should not be missing in this Bitcoin ranking. Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, is not only a celebrity in the crypto space but is also one of just 65,000 people living on the archipelago in the Caribbean Sea.
The white beaches and the turquoise water are not only appealing to those who have millions in fiat money in their account: There should also be no corporate income tax for companies and no income tax or capital gains tax for residents on crypto.
Madeira: For those close to home
The newly christened Bitcoin Mecca Madeira is only a few hours’ flights away from Germany and thus offers those close to home the opportunity to fully savor their existence as crypto millionaires.
The autonomous region belongs to Portugal and is located off the northwest coast of Africa. Because its president, Miguel Albuquerque, only recently announced the favorable tax conditions for companies and crypto fans, the volcanic region should still be an insider tip for crypto emigrants. BTC transactions in the island paradise should be completely tax-free.
El Salvador: For Bitcoin maximalists
One can argue about Nayib Bukele’s Bitcoin plans for El Salvador. However, everyone agrees about the beach of El Zonte: palm trees, sea, and satoshis make a perfect mix.
The small Central American country is probably the natural paradise for the hardcore bitcoin fans among us. In September last year, El Salvador became the first country in the world to adopt the number 1 cryptocurrency as legal tender. So if you also want to pay with BTC at a local roadside fruit stand, you are probably in good hands there.
Satoshi Island: For Bitcoin innovators
The latest craze among bitcoin millionaires is likely to be Satoshi Island. The private island in the South Pacific attracts favorable tax conditions and the classic island feeling: white beaches, sunshine, and transparent water.
West of Fiji is the Vanuatu archipelago, home to Satoshi Island. With NFT land and some NFT citizenship, as well as modern homes and a focus on environmental protection, the South Seas island has a lot to offer, especially for fans of an innovative lifestyle. However, living out your life as a millionaire on Satoshi Island is not yet possible. The Bitcoin dream island is currently under construction and will only be available from 2023.