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How the Saint Lucia Citizenship By Investment Program Can Benefit Crypto Investors Seeking a Tax Haven

  Photo by yousef alfuhigi on Unsplash Cryptocurrency investors are always on the lookout for tax-efficient solutions to minimize their tax liabilities. One option that is gaining popularity among investors is the Saint Lucia Citizenship By Investment Program. In this article, we'll explore how this program can benefit cryptocurrency investors looking for a tax haven country. Saint Lucia is a sovereign island country located in the Caribbean Sea. Its Citizenship By Investment Program (CIP) was established in 2015, allowing investors to obtain a second passport by making a qualifying investment in the country. Saint Lucia's CIP has become a popular choice for high-net-worth individuals and entrepreneurs seeking a safe haven to protect their assets and minimize their tax liabilities. Saint Lucia's second passport permits travel to 145+ global countries visa-free, including the United Kingdom, Singapore, Hong Kong, as well as the European Union countries. The Saint Lucia pass

Why has bitcoin dropped?

The cost of bitcoin dropped pointedly after Tesla CEO Elon Musk, a frank ally of cryptographic money, recommended in a tweet Sunday evening that the electric vehicle producer might be thinking about or may have auctioned off its bitcoin property.
Tesla uncovered in its SEC recording in February that it had purchased $1.5 billion worth of bitcoin. Musk has helped rally the costs of computerized coins a few times in the previous year. Nonetheless, Musk appears to have turned around course as of late. On May 12, he said Tesla will presently don't acknowledge bitcoin for vehicle acquisitions, referring to long-blending ecological worries for a quick inversion in the organization's situation on the digital currency.


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