How to Cash Out Crypto and Avoid Taxes (Legally)

How to Cash Out Crypto and Avoid Taxes (Legally)

Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Join us at Nomad Capitalist Live for four days of knowledge and networking open to all: https://nomadcapitalist.com/live/ Cashing out your crypto? Be careful—one wrong move could cost you thousands or even millions in taxes! In this video, Rusudan, our chief financial officer, explains how to minimize your capital gains tax when selling crypto. She covers key tax strategies, common mistakes to avoid, and how different countries treat crypto gains so you can keep more of your wealth. Watch now to learn how to cash out smartly and legally reduce your tax bill! 00:00 Minimizing Capital Gains Tax When Cashing Out Crypto 01:48 Tax Residence—Where Will You Be Taxed? 02:22 When to Sell—What Triggers a Taxable Event? 03:22 Jurisdictions and Planning Where and When to Cash Out 04:48 Strategies: Capital Gains Thresholds, Offsetting Losses, Charitable Donations 06:22 Creating an Offshore Structure 07:11 What to Consider When Cashing Out or Transacting in Crypto Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best." Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home. Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far. If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.