Secret Bitcoin billionaires to renounce their US citizenship before cashing in?

Re:Secret Bitcoin billionaires to renounce their US citizens... by cm2187 on Sunday February 04, 2018 @10:24AM (#16303060)

Ok non-dom but it comes with some strings attached. I understand you must pay £30,000 per year and the proceeds of the sale of the btc must never be repatriated to the UK.

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Re:Secret Bitcoin billionaires to renounce their US citizens... by charlesdm on Sunday February 04, 2018 @10:26AM (#16303076)

Fee does not apply in the first 7 years. You could move to the UK for one tax year, and then move to Sweden, taking your money with you. You would have booked your entire gain tax free since it was "taxed" in the UK.

Or you could move to Malta for a tax year, and then move to the UK. It would be tax free as well. In my view worth doing if it's a sizeable sum.

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