PUERTO RICO AND PAYING ZERO CRYPTO TAXES. 1 YEAR UPDATE.

After 1 year of living in Puerto Rico, here’s what I found out about paying no crypto taxes, the lifestyle, challenges (and yes, the mistakes). WATCH THIS FIRST!

0:00 – INTRO
0:50 – What’s the difference? Act 20, 21 & Act 60?
4:20 – Why I THOUGHT moving to Puerto Rico was a good idea…
5:46 – Why moving to Puerto Rico was a BAD IDEA.
7:50 – U.S. Corporate Taxes & Island living = EXPENSIVE!
10:39 – YANKEE GO HOME! Puerto Rican Economy.
18:53 – Positives of My Move To Puerto Rico.
21:20 – Veterinarian – Condado
22:11 – Yearly $10,000 donations
24:58 – ProTechos Roofing Charity
27:00 – Coding School Charity
30:08 – Would I do it ALL AGAIN?
31:55 – Act 60 Application (Hands OFF) – PRelocate
39:01 – Act 60 Application (Hands ON) – Jaime Aponti-Parsi Team
41:02 – You MIUST learn Spanish – Using Preply & BigE
43:20 – Buying APPLIANCES/Furniture (no waiting)
44:25 – SECRET Social List
46:04 – REAL ESTATE – Agents, Locations & Outlook

●▬▬▬▬▬▬LINKS TO ALL SITES MENTIONED▬▬▬▬▬▬▬●

📜Act 60 –

📜ACT 60 bill –

❌ABOLISHACT60 Article –

●▬▬▬▬▬▬PUERTO RICO / TEXAS DATA▬▬▬▬▬▬▬●

📊PR U.S. DATA –

📊Texas U.S. Data –

📊P.R. moving out because of no jobs –

●▬▬▬▬▬▬VET SERVICES▬▬▬▬▬▬▬●

🐶 VET CONDADO –
🐶 VET CONDADO Email –

●▬▬▬▬▬▬CHARITIES MENTIONED▬▬▬▬▬▬▬●

🎗$10,000 Non-Profit List (MUST PAY EVERY YEAR!)
🎗

🎗ProTechos (Roof Building Non-Profit) –

🎗Holberton Coding School –
🎗Holberton Student Non-Profit –

●▬▬▬▬▬▬PUERTO RICO RELOCATION SERVICES▬▬▬▬▬▬▬●

🇵🇷 HANDS-OFF “WHITE GLOVE” APPROACH –
🇵🇷 HANDS-ON APPROACH –
🇵🇷 RESOURCES –

●▬▬▬▬▬▬LEARN SPANISH FAST▬▬▬▬▬▬▬●

🗣LEARN SPANISH WITH PRIVATE TUTORS! –

🗣LEARN SPANISH BY LISTENING TO CRYPTO YOUTUBERS EN ESPANOL –

●▬▬▬▬▬▬REAL ESTATE▬▬▬▬▬▬▬●

🏭 Scratch & Dent – (939) 244-0769
🏭 Ikea MAIN – Santa Rosa Mall, 1455, 402 Av. Aguas Buenas, Bayamón, 00959

👨🏼‍💼 FIND A HOME –

👩‍💼 REAL ESTATE AGENT BRENDA SOTOMEYER –
REAL ESTATE AGENT (Investment Properties) – Victor Alonzo –

●▬▬▬▬▬▬CRYPTO ESSENTIALS▬▬▬▬▬▬▬●

🟧 (100% FREE!) Simplified Crypto Education (EASY!)
🟧 DAN Website ►

🧐 Think it’s a SCAM EMAIL? Check it here ⬇️
🧐
🧐 How to Use Email Analyzer –

💰iTrust CRYPTO IRA
💰💰 $100 Sign-Up BONUS & NO MONTHLY FEES!
💰💰I RECOMMEND & HAVE a ROTH IRA with iTRUST
💰💰🛑 Why a CRYPTO IRA? VIDEO 👉
💰💰💰💰💰 $SPECIAL SIGN UP LINK –

🖌INVEST IN SHARES OF MULTI-MILLION DOLLAR PAINTINGS!
🖌UNCORRELATED Asset w/ 16% Yield Historical Track Record & SEC Compliant!
🖌DEEP DIVE VIDEO Explains Everything 👉
🖌Legal Disclosure –
🖌SKIP WAITLIST LINK –

🏠 DAN REAL ESTATE PLAYLIST –
🌎 KEEP UP TO DATE WITH THE FINANCE WORLD –

🇺🇸CRYPTO TAXES MADE SIMPLE!!! (I use these guys)
🇺🇸 HOW TO USE Video –
🇺🇸20% OFF –
(Coupon Code: DAN)

👨‍💻 STANDING DESK I USE 👉
👨‍💻 ERGO CHAIR I USE 👉
👨‍💻 4% DISCOUNT 👉 DNEWS

●▬▬▬▬▬▬▬▬FOLLOW D.A.N.▬▬▬▬▬▬▬▬▬▬●

🐦🔵 Twitter – @newsasset
🆘 DAN CLIPS (YouTube Channel)
▼ THETA –

●▬▬▬▬▬▬▬BUYING & SELLING CRYPTO▬▬▬▬▬▬▬●

📤💱📥 EXCHANGE & WALLET RECOMMENDATIONS
📤💱📥-

►🔵 ⍌oyager (NO Fee Trading!) –
►🔵 $25 Bitcoin SIGN UP for YOU. (CODE: DAN)
►🔵 ⍌oyager CEO on DAN –

►🔵🟠℃elsius Wallet: Up to 18% Interest!
►🔵🟠 $20 Bitcoin SIGN UP.
►🔵🟠 Referral Code = 19947218ff
►🔵🟠

●▬▬▬▬▬▬▬▬STRATEGIES▬▬▬▬▬▬▬▬▬●

► ALL CRYPTO EXITS –

●▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬▬●

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

The Internal Revenue Service (IRS) regards cryptocurrencies as property or financial assets. The government wants to know how much capital gains people have in cryptocurrency transactions, and is proposing a new tax for those who hold their crypto investments for a certain amount of time. If you hold a cryptocurrency for 10 years or more, you may be subject to capital gains tax. The IRS will tax the proceeds of these investments based on how long you have held it.

Because crypto is decentralized, it is inherently free of central authorities. While a central bank or institution can control the amount of money available, this system is fast and cheap. In addition, it is free of censorship, corruption, and control. In some instances, governments have blocked the sale of guns through cryptocurrency. However, this doesn’t apply to all businesses. Many cryptocurrencies have a regulated environment and aren’t prone to censorship.

Ethereum is another cryptocurrency similar to Bitcoin, but its uses are much broader than the financial aspect of things. It has built-in programming languages that allow users to create smart contracts, transfer and mine Ether. The difference between these two coins is the fact that Ether is more complicated than Bitcoin, and it’s not entirely clear whether it will be more popular. There is some uncertainty about the future of cryptocurrencies, but there is no reason to worry. With the help of crypto, you can invest in a new currency without sacrificing its value.

Cardano is a third-generation blockchain that competes with Ethereum. This platform is similar to mobile apps that run autonomously. Instead of a central server operating in the background, these applications are powered by computer programs known as smart contracts. With this technology, a sidechain can be used for specific purposes. For example, you can store wallet data on a sidechain while a main chain performs other tasks. Using a sidechain for certain applications reduces the workload on the master chain and prevents congestion. Therefore, more transactions are possible.

Dogecoin was originally designed as a joke. But now, it is an important currency that can be used for transactions. Its popularity has also led companies such as Facebook, PayPal, and Mastercard to back this digital currency. A recent report from the Wall Street Journal noted that Solana was the first cryptocurrency to be established. But the price of this cryptocurrency rose by more than five percent in a week, and a few weeks later, SOL was trading at its highest level since then.

Aside from cryptocurrency, other digital assets such as XRP have become a popular investment for people who want to buy and sell the cryptocurrency. They are also a good way to protect your finances when it comes to storing and sending crypto. If you are worried about your security, you can use a third-party provider that offers protection against fraud and a low fee for transferring crypto. But this is not a good idea because your money will be vulnerable. It will also make it difficult for people to get their cash when they want to exchange it.