Can Us Citizens Buy Icos
LINK ---> https://tiurll.com/2tEpl7
While most of the rest of the world has been throwing the crypto party of a lifetime, with the ICO as the guest-of-honor, the founders of new tokens at first limited opportunities in the USA to accredited investors: and then the trend became to disavow US citizens altogether.
This first reason on the list largely applies to US citizens, but it can still apply to citizens of other countries as government bodies in the world overstep up enforcement and regulation on things like ICOs (Initial Coin Offerings) that use cryptocurrencies to raise funds for other endeavors.
I have had several US crypto investors come to me explaining that they cannot participate in certain ICOs because those running the fundraising operation do not want people with a US address, residence permit, or citizenship.
For people who are from Australia, the UK, Canada, and other countries, you may not necessarily have to give up your citizenship to reduce your tax burden, but having a residence permit may help, and being able to live outside your home country would allow you to stop the taxes on future gains and future trades.
Another factor that is influenced by uncertainty is the simple question of liquidity. With more regulations, what are banks going to do if you want to cash things out? Especially if you have the wrong citizenship?
Especially as a US citizen, you may want the option of renouncing your US citizenship in a matter of months because, every month that goes by, you may be losing money by not being in ICOs or by paying taxes on your trades.
We create and implement bespoke, holistic strategies for successful investors and entrepreneurs to legally reduce their tax bills, diversify and protect their assets, become global citizens and maximize their freedom.
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While not directed at tourists, shootings between rival gangs have injured innocent bystanders. Additionally, U.S. citizens have been the victims of both non-violent and violent crimes in tourist and non-tourist areas.
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