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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

Earn Interest on Cryptocurrency

Get an additional $100 USDC each time you refer a friend!

Aqru provides a crypto savings account service that generates significant interest on your idle digital currencies. All you have to do is open an account with the provider and deposit the tokens on which you want to earn interest. Aqru supports Bitcoin and Ethereum for this purpose.
You can also deposit stablecoins such as USD Coin into Aqru. Stablecoins not only reduce volatility risk, but Aqru will pay you a very competitive APY of 7%. Aqru, unlike other crypto interest accounts in this space, does not require you to store your digital currency tokens.

All of the savings accounts it supports are adaptable. As a result, you can withdraw funds from your Aqru account and deposit them into your private wallet at any time. Aqru is also popular among investors looking for high APYs on fiat currency savings.
This is because Aqru accepts deposits in USD, EUR, or GBP via debit/credit card or bank wire. Then, you can convert your fiat currency deposit into one of the five digital tokens supported by the platform to begin earning interest. As this Aqru review will discuss in more detail shortly, no fees are deducted from the APYs offered on the platform.

There are no stake requirements
Another thing that many crypto savings account providers require is that you stake their native digital token in order to get the best interest rates. Nexo, for example, offers an APY of up to 8% on Bitcoin, which appears to be very appealing at first glance. However, this rate of 8% is only available if you stake the platform's native NEXO token. If you do not, the APY is reduced to 6%. Aqru interest rates do not fluctuate at all, so you always know what you are getting when you use this provider.

Aqru Payout Period
This Aqru review discovered that the platform distributes interest payments on a daily basis. This is good news for those of you who want to build a long-term portfolio based on compound growth. After all, you can reinvest your interest payments into an Aqru savings account to accelerate the growth of your capital.

How Can Aqru Afford Such a High-Interest Rate?
It is critical to evaluate how the provider in question can financially cover its payments. After all, digital currencies such as Bitcoin and Ethereum do not generate interest on their own.
According to our Aqru review, the provider uses your crypto deposits to make loans to both retail and institutional borrowers. Furthermore, Aqru uses customer deposits to provide liquidity for decentralized exchanges.

If you want to generate interest on your idle crypto investments, Aqru is well worth considering. After all, you'll be offered 7% and 12% on Bitcoin/Ethereum and stablecoins, respectively.
Importantly, you can withdraw your digital currency at any time because Aqru accounts have no lock-up terms.

To receive your free $100 USDC, your friend must do the following:
1. Make a minimum deposit of $2000 into their account.
2. Purchase at least one product.
3. Invest at least $2000 for at least 6 months.
Open your account today! AQRO.IO Referral Code: XS7Z1H