# Offshore company, Crypto and NHR Portugal **URL:** \ **Category:** Tax and legal\ **Tags:** europe, tax, portugal\ **Created:** [February 21, 2020, 12:54pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963 "2020-02-21T12:54:15Z")\ **Posts on this page:** 13\ **Page:** 1
**Author:** ![AnonymousPigeon](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/a/9de0a6/32.png) [@AnonymousPigeon](https://community.nomadgate.com/u/AnonymousPigeon)\ **Post date:** [February 21, 2020, 12:54pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/1 "2020-02-21T12:54:15Z")
So I happen to have a successful company that I’ve been running for years. However its incorporated in the Seychelles. I’ve just bought some property in Portugal, moved here and registered for NHR. Now I’ve realised that the Seychelles is on the Blacklist and will create high taxes to receive income/dividends from here. How can i get this LEGAL money into Portugal without paying 35%+? Ive read about the no tax on crypto here. Can i convert to bitcoin and then withdraw that was through an exchange? Currently have 200k+ so would be looking to move 10k plus a month to finance my life here. Also own another legal company in Canada if that helps somehow. Any advice or suggestions welcome. ---
**Author:** ![VTG-Group](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/v/f05b48/32.png) [@VTG-Group](https://community.nomadgate.com/u/VTG-Group)\ **Post date:** [February 22, 2020, 2:34pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/2 "2020-02-22T14:34:27Z")
Good afternoon and prosperity. Use (intermediary) between you and the company in Seychelles. For these purposes, it is better to use a company or foundation with registration in Scotland. Sincerely, George of VTG Group ---
**Author:** ![guifig](https://community.nomadgate.com/user_avatar/community.nomadgate.com/guifig/32/3832_2.png) [@guifig](https://community.nomadgate.com/u/guifig)\ **Post date:** [February 25, 2020, 8:23am UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/3 "2020-02-25T08:23:54Z")
Hello, I’m a Portuguese tax lawyer. Feel free to reach out via PM. Best wishes, Guilherme _ **Mod edit** : Please don’t post personal contact details in the forum._ ---
**Author:** ![VTG-Group](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/v/f05b48/32.png) [@VTG-Group](https://community.nomadgate.com/u/VTG-Group)\ **Post date:** [March 9, 2020, 10:59pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/4 "2020-03-09T22:59:56Z")
Good afternoon, how much will it cost to open and service a Portuguese offshore. Regards to you. ---
**Author:** ![guifig](https://community.nomadgate.com/user_avatar/community.nomadgate.com/guifig/32/3832_2.png) [@guifig](https://community.nomadgate.com/u/guifig)\ **Post date:** [March 10, 2020, 5:05am UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/5 "2020-03-10T05:05:35Z")
Hello. What do you mean by Portuguese offshore? Best wishes, G ---
**Author:** ![isochronous](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/i/f9ae1b/32.png) [@isochronous](https://community.nomadgate.com/u/isochronous)\ **Post date:** [March 10, 2020, 7:25am UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/6 "2020-03-10T07:25:35Z")
I’m not aware of Seychelles being on any blacklist. ---
**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\ **Post date:** [March 10, 2020, 10:22am UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/7 "2020-03-10T10:22:09Z")
It is on Portugal’s blacklist. Here’s the latest version (2019): [https://www.pwc.pt/en/pwcinforfisco/tax-guide/2019/tax-havens.html](https://www.pwc.pt/en/pwcinforfisco/tax-guide/2019/tax-havens.html) ---
**Author:** ![Eddie24](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/e/22d042/32.png) [@Eddie24](https://community.nomadgate.com/u/Eddie24)\ **Post date:** [March 11, 2020, 8:39pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/8 "2020-03-11T20:39:54Z")
Hi there, have you had any success with setting up an intermediary or anything similar? Am sitting in the same boat. Thanks ---
**Author:** ![GoldenCoder](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/g/ecc23a/32.png) [@GoldenCoder](https://community.nomadgate.com/u/GoldenCoder)\ **Post date:** [March 17, 2020, 11:28am UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/9 "2020-03-17T11:28:48Z")
yes do this! this is a great way ---
**Author:** ![Eddie24](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/e/22d042/32.png) [@Eddie24](https://community.nomadgate.com/u/Eddie24)\ **Post date:** [April 7, 2020, 6:55pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/10 "2020-04-07T18:55:30Z")
Hi there, where are you based? Thanks ---
**Author:** ![pekola.samip](https://community.nomadgate.com/user_avatar/community.nomadgate.com/pekola.samip/32/3846_2.png) [@pekola.samip](https://community.nomadgate.com/u/pekola.samip)\ **Post date:** [July 30, 2020, 7:18am UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/11 "2020-07-30T07:18:10Z")
Indeed, it is very difficult to find a workable solution to protect your property 🤔. There are many different providers, but who is reliable 🏧, then it would be good to find out. There seem to be many who are only interested in taking your hard earned funds as they go 💣. Personally, I am thinking exactly the same ideas here, although my reasons are different and I do not live in Portugal 🇵🇹. ---
**Author:** ![maxx](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/m/5fc32e/32.png) [@maxx](https://community.nomadgate.com/u/maxx)\ **Post date:** [November 13, 2020, 12:08pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/12 "2020-11-13T12:08:06Z")
can you share more info on this? I’m looking for method to minimize my company (remote) earnings under NHR. thnx ---
**Author:** ![EmigratetoPortugal](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/e/87869e/32.png) [@EmigratetoPortugal](https://community.nomadgate.com/u/EmigratetoPortugal)\ **Post date:** [January 26, 2021, 7:02pm UTC](https://community.nomadgate.com/t/offshore-company-crypto-and-nhr-portugal/19963/13 "2021-01-26T19:02:54Z")
Hello guifig 🙂 A friend and I would like to immigrate to Portugal. Are crypto profits really completely tax-free and is it a problem to transfer the money to a Portuguese bank? Thanks in advance.