2min chapter

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Relocating to Puerto Rico

The Bad Crypto Podcast

CHAPTER

Capital Gains Taxes

From the moment you set foot on the island, you plant your flag, you don't pay any capital gains on new investments. So let's say day one, i moved here, i bought a crypto at five cents, it went up to a dollar, and i sold it here. I would pay zero capital gains on that. If i bought it six months before i move here, and then six months after i moved here,. i sell it and had a gain, i would pay capital gains on half of that increase. Capital gains taxes can take 20 to 30 % of your, your income. It depends on how much you make, i think. Doesn't it yeters? There

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