Thinking of moving abroad to avoid crypto tax? Here’s why it’s not always that simple.
Intro
Thousands of crypto traders move abroad each year for “tax-free crypto.” But does it really work?
Common Traps
- UK expats → still tied by Statutory Residence Test.
- US expats → IRS taxes citizens worldwide (even in Dubai).
- Canada expats → departure tax on assets.
- Australia expats → capital gains triggered on exit.
The CFC Problem
Even if you set up offshore companies, Controlled Foreign Corporation (CFC) rules can pull you back into tax liability.
Final Thoughts
Relocation isn’t a magic bullet.
👉 TaxAnon helps expats structure crypto legally and stay compliant wherever they live.