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Crypto and travelling: "What's your job?" from customs
07-12-2018, 09:44 PM
hi
time from time the customs ask you this question before letting you enter: "what's your job?" !
if your only income is from crypto trading, would you be confident to simply tell them that ?
don't you think it could cause some problem because it's unregulated, and that it means you are going to "work" online while on a tourist visa ?
any experience is appreciated
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Crypto and travelling: "What's your job?" from customs
07-12-2018, 10:08 PM
That's actually an interesting question... If you say you're "unemployed," you're fucked if you're coming from a 3rd world country because they will assume you will work in the country you're visiting (especially if you're referring to the US).
If you say you are a wealthy online trader, you're still going to be working in that country, while on a tourist visa.
Hmmm... It's a conundrum. You can always just tell the truth. That's what I'd do because if you start making up stories, you're going to get hauled into "secondary" (meaning secondary, additional screening) where you'll be asked even more questions in detail and your lies will likely start to unravel and then you'll definitely be denied entry for lying to a Customs Official. So, I'd suggest that it's better just to be honest because they could just say, "Okay, cool," and you walk right through or if you do go to secondary, at least you'll be able to defend your position when the tough questions start coming.
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Crypto and travelling: "What's your job?" from customs
07-12-2018, 10:56 PM
I don't discuss my income earning with any immigration officer of any country I enter, other than Canada. I'm not going to tell them that I work under the table in China, especially if it is a country that has a problem with people doing that exact thing.
I've only been asked once directly in recent memory. This was in Malaysia about a month ago. I told the officer that I don't work anywhere and that I have investments and savings that pay my expenses. He didn't make a big deal about it.
I'm the King of Beijing!
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Crypto and travelling: "What's your job?" from customs
07-13-2018, 12:03 AM
Why not just say you're a trader, why be specific to crypto?
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Crypto and travelling: "What's your job?" from customs
07-13-2018, 04:45 AM
What do you do? Teacher.
What do you teach? Economics and Finance.
Probably the best approach would be to be as boring as possible.
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Crypto and travelling: "What's your job?" from customs
07-13-2018, 09:45 AM
It's best to come off as boring as possible. Don't try to break down all your business and how crypto is taking over the world just have something simple you do on the side and show that when people ask what you do.
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Crypto and travelling: "What's your job?" from customs
07-15-2018, 01:40 PM
dumb it down and keep it simple. online business, freelancer, investments, or finance
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Crypto and travelling: "What's your job?" from customs
07-15-2018, 02:51 PM
Finance and investments.
or
Banking.
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Crypto and travelling: "What's your job?" from customs
07-16-2018, 01:30 AM
If you mention crypto to the immigration officer these days, they will probably look at you with sympathy and let you through with no further questions.
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Crypto and travelling: "What's your job?" from customs
08-01-2018, 09:54 PM
I think you'd be hard pressed to find a country where trading your own account required a work permit. As long as you're not trading for someone else, you should be fine as far as immigration is concerned.
I would say something to make it clear that you're not engaged in any kind of business or subordinate work (as an employee). I.e.: "I don't work; I just trade the financial markets"
However, taxation may be a problem and they could share details with . Trading is usually considered active income rather than passive capital gains if you trade CFDs or regularly turn over your positions. It's unlikely that you'll get caught, but there is a possiblity. Eg. the UK rule is: you're not tax resident if you spend fewer than 91 days in the UK in the tax year, and you work for more than three hours in the UK on fewer than 31 days in the tax year.