Before Moving Abroad with Crypto Build a Capital File
By Yaroslav Meretskyi A relocation plan can include a new home, a residence permit, and a bank account, but it leaves one question unresolved: how will the owner explain the cryptoassets that will fund life in the new country? A balance on a screen is a starting point. The practical task is to connect that balance to acquisition, ownership, subsequent transactions and the proposed use of the proceeds. Start this work before a sale or transfer becomes urgent. I recommend building a concise capital file that another person can follow without knowing the owner’s history. It should explain the asset trail and flag unanswered questions early enough to resolve them. Start before the first token purchase The first document is often outside the crypto ecosystem. If employment income funded the purchase, the relevant trail may begin with payroll and a bank statement. If the money came from a business sale, the agreement and evidence of payment matter. A transfer fr...