Overseas Relocation questions

Discussion in 'Questions & Comments' started by Bird247, Oct 31, 2023.

  1. Bird247

    Bird247 Member

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    Hi All,
    Just signed up after 15years in this. Hoping someone can help me with info i don't know and can't seem to find. Im looking to leave Aus for Europe. Want to take my stack with me. What are my best options here?
    As far as i see, weight is a huge issue for me. Ag.
    Im not rich but stacked away for long time. Now its time for me to jump ship. Into the belly of the beast many will say
    I don't wish to change my stack position for moving but i don't trust anyone here now to fulfil obligations after covid happened.
    Looking for advice, lets have a conversation
     
  2. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Yes take it. And "heavy" is a good thing!
     
  3. Bird247

    Bird247 Member

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    But take it how? Im looking to understand the legalities i missed
     
  4. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Sell your stack and buy a new stack over there.
     
  5. Bird247

    Bird247 Member

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    This is a option but a costly one. Will be lighter stack there after selling
     
  6. aussiesilver

    aussiesilver Well-Known Member Silver Stacker

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    Yes I would sell here and buy there. You dont want to get hit with a 19 percent tax for an import of Bullion
     
    sammysilver, Bird247 and 1Tim58 like this.
  7. 1Tim58

    1Tim58 Active Member Silver Stacker

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    If the stack is lighter it means your bank balance is higher, all relative. I'd 100% sell and start again safest option. You do have the interim risk of owning no metals for a short time however.
     
  8. Bird247

    Bird247 Member

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    19%! i knew there was some fee but i didn't know it was so high
     
  9. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    sell here then buy crypto…not sure if EU monitors cryptos..
     
    sammysilver and mmm....shiney! like this.
  10. Bird247

    Bird247 Member

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    LOL all cryptos are 100% traceable, Quantum computers changed this. Every transaction made in crypto carries all your previous transactions. The only good thing is you can't create new tokens faster then the mining of them, but every stacker knows a line of code isn't wealth :cool:
     

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