- A Dutch family that sold all its assets to buy
bitcoin in 2017 has settled down inPortugal for tax reasons. - Didi Taihuttu told CNBC they settled there after traveling for five years because Portugal has 0% tax on bitcoin.
A Dutch family that went all-in on $4 in 2017 has decided to settle down in Portugal because of the country's crypto-friendly tax regime, the family's father said.
The Taihuttu family has previously said they liquidated all of their physical assets in 2017 in favor of investing in bitcoin and a life on the road, and have $4 in secret stashes around the world.
Father Didi Taihuttu $4 that he, his wife and their three children made the choice to stop travelling after five years because of Portugal's 0% tax on
"That's a very beautiful bitcoin heaven," he told CNBC.
The $4 that buying and selling
The southern European country is now a favorite among digital nomads, $4, and several companies $4 on resettling there to take advantage of its
Taihuttu and his family won't disclose the size of the family's crypto holdings. But he has revealed that he stores the family's crypto in $4 across four continents and in six different countries.
Bitcoin was worth about $900 in 2017 when the family went all-in. On Monday, it was trading at about $42,000, according to CoinMarketCap data.