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Can I go to Dubai to cash out my Crypto? 🤔

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Thinking of going to Dubai to cash out your Crypto assets? This could be a good way to keep most of your money but be careful of the anti tax avoidance rules if you plan to come back to the UK. Any savings that you would have made, will be subject to UK taxes in the year in which you come back. Therefore, careful planning is needed.
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Hi There! I'm a qualified accountant based in London. On this channel, I'll help you understand business, finances and navigate the often complex world of tax. We will also talk about trending topics which could be related to business.
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Опубликовано:

27 авг 2024

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Комментарии : 111

@Arnaldoterry Месяц назад

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

@OsvaldoFerri-yt3lx Месяц назад

How can one start,most times people don't know where to start when it comes to crypto. But it would be great if you can provide proper guidance on steps to follow please

@ArthurCollins-wf8jo Месяц назад

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

@Arnaldoterry Месяц назад

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Heinz. A widely known crypto consultant.

@ArthurCollins-wf8jo Месяц назад

I've come across this name before, is he really reliable?

@LucDumas-ki9lp Месяц назад

Yeah!, Alex was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Alex Heinz. He is my number one source when it comes to crypto and TA.

@Ahmedhelmy-fu4oq Месяц назад

I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.

@ChristopherChristian-ni3pd Месяц назад

It's a great idea to have a conversation with financial advisors like Mary smith to reshape you portfolio.

@JamesHolmes-px3eo Месяц назад

I agree with you, I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

@lexis5302 Месяц назад

She's really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment

@LukaWilson-pp8pt Месяц назад

Mary smith special strategy is in her realistic approach and that's sets her far above other brokers who sets outrageous targets and fails to get it.

@RichardFernandez-sv4uw Месяц назад

YES!! That's exactly her name (Mary smith) so many people have recommended highly about her and am just starting with her from Brisbane Australia B

@CraigShake 4 месяца назад

Often, I hear individuals talking about the profits they attain from investing in Bitcoin and Forex. As a beginner, what steps can I take to begin with this?

@DorisMelodys 4 месяца назад

Investing without a thorough understanding of the market is not recommended. I suggest consulting with Expert Rosie for guidance.

@EvansTrust 4 месяца назад

Rosie's strategy stands out as the most effective among other experts. Many others are not dependable.

@DanielleSylvia-yu8en 4 месяца назад

Glad I bumped into a recommendation about her exactly 3 weeks ago. More people like Expert mrs Rosie are needed in the crypto world.

@CraigShake 4 месяца назад

Please how can i reach her

@DanielleSylvia-yu8en 4 месяца назад

+1774

@TiffanyEllen654t-u 5 месяцев назад

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

@Alexmateo-hq3hl 5 месяцев назад

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

@GeorgeHenderson-tp9mk 5 месяцев назад

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

@BenjaminJas 5 месяцев назад

You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

@RICARICADO231 5 месяцев назад

I'm new at this, please how can I reach her?

@ibrahimamad2123 5 месяцев назад

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

@bellacfu9671 3 месяца назад

What is the best way for someone with more or less than $5,000 to start trading cryptocurrencies right now?

@taranpy2528 3 месяца назад

You need a pro or very goodTrader. Someone like Stephany Reuben

@karolinakukielka7690 3 месяца назад

Steph excels at capitalizing on economic shifts and I have confidence in her trades

@teresehougaard5041 3 месяца назад

Almost gave up trading due to constant losses, but Steph turned my luck around

@teresehougaard5041 3 месяца назад

Now they yield about $13000 monthly

@bellacfu9671 3 месяца назад

any idea on how i can get ahold of her?

@edgeofthegalaxy2649 8 месяцев назад

Hey , could you do a more detailed video on this ? Explain the ins and outs of cashing out say 500k of crypto I’ve held for 2 years , I’m a uk citizen looking to maximise the amount I keep

@niaz_q 7 месяцев назад

Sure, will do. It is a specialist area of tax so a lot depends on your circumstances. You can appreciate that the rules are designed and redesigned to make it harder for people to legally avoid tax but the tax planning opportunity does exist. I am coming to RU-vid (long form) from TikTok (short form videos) - So, still trying to determine the best video length that works for both platforms. Thanks for your comment, I will provide further explanation on this point.

@ammaraparweenxb7178 5 месяцев назад

Which coins u held bro that made u 500k?

@sergiosergio12345678 Месяц назад

You can still pay taxes on a loss since generaly gobernments ignore the existance of inflation when calculating gains, therefore the taxes are based on official gains not real gains.

@WillaHernandez-f7t 5 дней назад

Appreciate the detailed breakdown! I need some advice: My SafePal wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

@christo8472 8 месяцев назад

Please need more explanation about this topic

@fabulousglasswarden 4 месяца назад

where do you even start if you're not familiar with any?

@Crazytoken908 4 месяца назад

@@fabulousglasswarden You're spot on. Knowing where to invest can be daunting, especially if you're new to the game.

@Nicholas.Durante 4 месяца назад

Having a knowledgeable investment coach guiding your decisions sounds like a game-changer. Been using one for over two years now and it's paid off big time.

@corbynsmithe 4 месяца назад

The demand for financial advisors has increased since the onset of the pandemic.

@Nicholas.Durante 4 месяца назад

it's near impossible to not out-perform, been using a invt-coach for over 2years+ and i have netted over 1.5million

@morningsword Месяц назад

soo many bot comments here they have evolved

@niaz_q Месяц назад

It’s near impossible to control bots. They have certainly evolved and made it even harder to deal with them. Sadly it’s the same story on other platforms as well.

@kurt755 Месяц назад

Banks in UAE are not crypto friendly tho

@Loksabhaelectioncomedy 3 месяца назад

You are wrong Dubai accept Crypto payment

@ywueeee Год назад

but how to cash out?

@niaz_q Год назад

By selling it and withdrawing your funds.

@ywueeee Год назад

@@niaz_q ?????? how as in what method? what platfomr in dubai helps with that?

@belknizar9868 9 месяцев назад

There are ATMs and specialized offices in Dubai, where you give transfer from your wallet address to theirs and you get Cash

@ywueeee 9 месяцев назад

@@belknizar9868 they have really high fees

@huslerealone 8 месяцев назад

@@belknizar9868is that actually taxfree?

@thewholeshabang181 5 месяцев назад

Didn’t explain hardly anything

@constantinpavel3197 7 месяцев назад

What if : once I made profit in crypto i buy stable coins so I can secure the profit and then I transfer them in Dubai wallet that is owned by a "friend" and then I cash them out?...can I have your comments...ex: I made 1 mil profit in XRP , I buy USDT with my XRP s then I transfer the USDT in my friend's wallet in Dubai a sa " present"....no money gised in fiat wallet or bank account

@dom8929 2 месяца назад

What app you use in Dubai ?

@rialestari6oo 7 месяцев назад

Cool content! it seems like crypto trading is good, I will learn it later, actually I am a beginner who is learning forex trading in the nfc community. always success

@SafeerSefi 10 месяцев назад

for Indians 181days is enough to have non resident tax free

@sj3105 2 месяца назад

How that bro

@Hardpact 8 месяцев назад

wow, i dont have to pay taxes on losses.🤣🤣🤣 That comes next🤣

@mandrakeblackstone5838 5 месяцев назад

So how to do you do this without the government finding out , I want to cash out but dont want governments knowing I am cashing out or them even knowing Have cryptos

@vishnyo 6 месяцев назад

what a nice country you living in guys...

@TruthTellerr 11 месяцев назад

But how ❓ Can you tell me the process especially how to carry funds from home country to dubai ❓ In a DeX ? Like centralised exchanges can block fhe account if we log in it from another country?