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Crypto Mining Tier 2 Visa

Only for the UK Skilled Worker visas, formerly known as Tier 2 visa route

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ahmedmohamad55
Newly Registered
Posts: 1
Joined: Tue Feb 16, 2021 9:07 pm
Pakistan

Crypto Mining Tier 2 Visa

Post by ahmedmohamad55 » Tue Feb 16, 2021 9:16 pm

Hello,

Is it legal to mine crypto while on Tier 2 visa. The device will only be connected to electricity and will not require any work or support from me. I don't consider this self employment as I don't have to 'work'.

I will tax my profits using the self assessment form of HMRC.
The mined crypto will be taxed as income tax and capital gains tax.
Is this a breach of my Tier 2 visa? Will it affect my ILR application in a few years?

Also, what if my one miner created substantial income?


Thank you

underpressure_74
Newly Registered
Posts: 1
Joined: Thu May 20, 2021 5:21 pm
Mood:
United Kingdom

Re: Crypto Mining Tier 2 Visa

Post by underpressure_74 » Thu May 20, 2021 5:23 pm

Hi,

How's it going?
Did you manage to get a reply back regarding this point?

Cheers,

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