A group of crypto enthusiasts bought a 1.1-square-mile private island between Australia and Fiji which is part of the republic of Vanuatu — to be renamed Satoshi Island. Parcels on Satoshi Island will be sold as NFTs.
Over 50,000 people have applied to live there so far.
1. No capital gains tax.
2. No withholding tax.
3. No death tax.
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