Need to offramp very old (no SOF) crypto to buy house ES

JohnnySilverhand · 2025-07-11T20:50:39+01:00

Hi all, new member here ! I have a "friend" who wants to find a way to offramp crypto (6 figure) to buy a house in Spain. The crypto he holds dates back to circa 2015 and moved through many wallets and Defis there is no way to trace it back or provide a clear SoF for it. Some of it comes from investing in ETH when it was announced and some he earned making crypto related software/consulting. He also still owns wallets that date back to 2013 that held more that what he currently wants to convert/use if that can be helpful somehow. He would like to purchase a house in southern Spain (sub 500k) and is looking for a clean way to offramp the crypto or directly use it to purchase. The tax and bank rules feel like a minefield so he needs some advise. - He himself is not a European citizen but is resident in Spain. His wife is European citizen and also owns some crypto that can be justified with SOF through exchanges but he would like to keep that as a security for her. He originally opened a Swiss Quote account which only asks you to sign and certify that you own your wallet, and he was planning to just convert through them but he is afraid he will have issues when he would use the fiat and SoF is demanded from him. He is looking for advise/services and would prefer to do it directly in Spain. However, as he is also a freelance developer, has always wanted to setup an offshore company, and often works with international clients, he would consider a solution involving something like Dubai IF that is the most recommended path. He is not in rush and prefers to take the safest path but his priority is really to purchase a house for now. Cheers,

JohnnySilverhand11 Jul 2025

replies: 22
views: 1.6K

Marty McFlyActive Recruit

Joined: Jun 2025
Messages: 413

24 Aug 2025#21

Moj said:
Who?

You, if you follow @ActionMan’s GPT-generated nonsense

MojNew Member

Joined: Jul 2025
Messages: 4

24 Aug 2025#22

other suggestion?

Marty McFlyActive Recruit

Joined: Jun 2025
Messages: 413

24 Aug 2025#23

Moj said:
other suggestion?

Do I even need to say it? @JohnnyDoe is the crypto legend

Need to offramp very old (no SOF) crypto to buy house ES

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