18 countries · 2026
Crypto-friendly, tax-free countries
Checked November 4, 2026 · How we score
| # | Country | Capital gains | Personal | Corporate | Setup from | Score |
|---|---|---|---|---|---|---|
| 1 | 🇦🇪UAE No capital gains tax for individuals. For companies, capital gains are part of taxable income at 9%, though participation exemption can apply. | 0% | 0% | 9% | $3,000 | 8.0 |
| 2 | 🇸🇬Singapore No capital gains tax, though gains may be taxed as income if they arise from trading. Foreign-sourced disposal gains received by entities in Singapore may be taxable from 2024 in limited cases. | 0% | 24% | 17% | $1,500 | 7.6 |
| 3 | 🇻🇬BVI Capital gains tax: None | 0% | 0% | 0% | $1,000 | 7.3 |
| 4 | 🇭🇰Hong Kong No capital gains tax, though gains from frequent trading may be taxed as business profits. | 0% | 16% | 16.5% | $1,000 | 7.2 |
| 5 | 🇧🇸The Bahamas Capital gains tax: None | 0% | 0% | 0% | $1,500 | 7.0 |
| 6 | 🇰🇾Cayman Capital gains tax: None | 0% | 0% | 0% | $3,000 | 6.8 |
| 7 | 🇧🇲Bermuda Capital gains tax: None | 0% | 0% | 0% | $3,500 | 6.4 |
| 8 | 🇮🇲Isle of Man No capital gains tax, inheritance tax or wealth tax. | 0% | 21% | 0% | $2,500 | 6.2 |
| 9 | 🇱🇮Liechtenstein No capital gains tax for individuals on movable assets; real-estate gains are taxed separately. | 0% | 22.4% | 12.5% | $5,000 | 5.6 |
| 10 | 🇨🇭Switzerland Private capital gains on movable assets (shares, crypto) are generally tax-free for individuals; gains on real estate are taxed by the canton; professional traders and gains from the sale of a business can be reclassified as taxable income. | 0% | 40% | 14.6% | $4,000 | 5.4 |
| 11 | 🇬🇮Gibraltar No capital gains tax, inheritance tax, wealth tax or VAT. | 0% | 28% | 15% | $2,500 | 5.3 |
| 12 | 🇲🇹Malta Final 8% withholding on property transfers (5% if held 5+ years in some cases, 12% for property bought before 2004). Gains on shares are generally exempt for non-residents and for non-doms on foreign-held assets. | 8% | 35% | 35% | $2,500 | 5.1 |
| 13 | 🇵🇦Panama 10% on gains from Panama real estate (or 3% of sale price) and Panama-company shares; foreign-source gains are not taxed. | 10% | 25% | 25% | $1,200 | 6.8 |
| 14 | 🇵🇾Paraguay Gains are taxed at 10% under the corporate or personal income tax when Paraguay-sourced; foreign gains are outside scope. | 10% | 10% | 10% | $800 | 6.5 |
| 15 | 🇵🇷Puerto Rico 15% flat for long-term gains of residents; Act 60 individual investors can obtain 0% on Puerto Rico-source gains accrued after becoming residents. A 2026 amendment reportedly introduces a 4% rate on passive gains for investors applying from 2027, which is not yet confirmed by official text. | 15% | 33% | 4% | $3,000 | 6.3 |
| 16 | 🇷🇸Serbia 15% on capital gains from shares and property for individuals, with exemptions for long-held residential property. | 15% | 15% | 15% | $700 | 5.8 |
| 17 | 🇬🇪Georgia Taxed at the ordinary 20% rate; gains on property held 2+ years and on listed securities held 2+ years are generally exempt. Verify specifics with the Revenue Service. | 20% | 20% | 15% | $400 | 7.6 |
| 18 | 🇺🇸USA Long-term federal rate 0/15/20% (plus 3.8% net investment income tax on higher earners); short-term gains taxed as ordinary income. Non-resident aliens generally pay no US tax on gains from selling US stocks (unless present 183+ days), but gains on US real property are taxed under FIRPTA. | 20% | 37% | 21% | $300 | 7.4 |
Questions people ask
Which countries don't tax crypto?
The UAE, the Cayman Islands, Bermuda, the Bahamas, Monaco and others charge no tax on private crypto gains. Switzerland, Germany (after one year), Portugal (after one year), Malaysia and Singapore don't tax private long-term gains either.
Is Dubai good for crypto?
Yes. There is no personal income or capital gains tax, and VARA regulates crypto businesses in Dubai, so crypto companies can get licences and bank accounts more easily than in most places.
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Not tax or legal advice. Rates and rules change; we check official sources and update every page, but verify with a licensed adviser in the country before acting. Spotted something out of date? Use the correction form below.