The Bitcoin Millionaire's Guide to Offshoring

Crypto offshoring describes the strategy of transferring cryptoassets from the investor's home country to a separate legal entity in a crypto-friendly offshore jurisdiction. This is a meaningful concept for Bitcoin and Monero, security and utility tokens, NFTs and tokenized assets, stablecoins and even the upcoming CBDC. #Cryptooffshoring is by no means self-explanatory, but the more you know about it, the more compelling it becomes. It is needed for existing crypto assets as well as for new crypto investments. The best time to act is during a crypto bear market, in other words: now.

Developed by Dr. Ulrich Eder, President of PUGNATORIUS S.A., the outcome is a highly efficient digital asset protection for #cryptomillionaires. It sounds like a traditional concept of offshore risk mitigation and wealth management. However, it is important to understand that Bitcoin offshoring can avoid the typical pitfalls and drawbacks of the traditional offshore world. It is much more than the stubborn application of old structures to a new asset class and the main pillar of the consulting firm's "Modern Digital Asset Protection Strategies". Crypto offshoring is aimed at crypto millionaires, not for the Bitcoin tourist.

For #bitcoinmillionaires, crypto offshoring has compelling advantages. It reduces or avoids surveillance and protects against bans, prohibitions, confiscations and expropriations. It has clear tax advantages compared to cryptoassets held in your home country, and is a robust and solid protection against civil law sanctions through court orders, garnishments, etc. Therefore, moving crypto offshore is not only helpful, but necessary to protect substantial cryptoassets. Sometimes you need to be prepared for the worst. But even with optimistic expectations for the future, crypto offshoring makes perfect sense.

PUGNATORIUS S.A. is an independent niche consulting practice with a focus on Modern Digital Asset Protection Strategies for Bitcoin millionaires and people whose wealth lies outside traditional banking channels. An essential part of its professional services consists of crypto offshoring advice and transaction support.

You don't have to be an escape artist or a nomad capitalist to care about the continuity and preservation of your crypto assets and take appropriate action. Everyone should consider securing cryptocurrencies and tokens in paradise while it is still legally possible. However, transferring cryptoassets from a private wallet to an offshore location sounds counterintuitive. A qualified advisor should,therefore, understand the particular circumstances and requirements for crypto offshoring.

Over the past few months, our advisory firm has gained extensive experience in assisting various crypto investors in every aspect of crypto offshoring, and it offers this unique know-how to crypto millionaires all over the world. We are ready, willing, and able to explain every single detail of the benefits, the offshore environment, the selection of appropriate partners, entities, structures, and jurisdictions. Move your digital assets not only out of sight and out of reach, but into a crypto- and tax-friendly environment.