Top 13 Crypto Friendly Countries for 2025

3 months ago
32

0:00 Best Countries for Crypto
1:38 Dubai, United Arab Emirates
3:05 Switzerland
4:48 El Salvador
6:27 Portugal
8:43 Singapore
9:44 Malaysia
10:41 Malta
11:51 Barbados
13:21 Cayman Islands
14:12 Republic of Georgia
16:06 Slovakia and Slovenia
17:15 Poland
18:16 Estonia

Summary of this video:

Highlights:

The UAE offers 0% investment tax, but bank friendliness is low.
Switzerland has 0% capital gains tax, but residency is hard for non-EU citizens.
El Salvador has growing crypto payment infrastructure and 0% tax.
Portugal has 0% long-term capital gains tax but 28% for short-term.
Singapore is tough for residency but has a high quality of life.
The Cayman Islands provide a tax-free lifestyle with easy residency options.
Georgia allows easy cash-outs but has banking challenges.

Key Insights:

UAE’s Drawbacks: While the UAE has zero investment tax, its banking system is not very supportive of crypto transactions, which can complicate cashing out.

Switzerland’s Challenges: Despite its favorable tax policies, obtaining residency is difficult for non-EU citizens, limiting accessibility.

El Salvador’s Growth: With Bitcoin as a national currency, El Salvador is enhancing its infrastructure for crypto payments, making it increasingly attractive for investors.

Portugal’s Tax Structure: Although Portugal offers low taxes for long-term holdings, the introduction of short-term capital gains tax at 28% has deterred some investors.

Singapore’s Exclusivity: Known for its high quality of life, Singapore is primarily accessible to the ultra-wealthy, making it less feasible for average investors.

Cayman Islands’ Appeal: Offering a tax-free lifestyle and straightforward residency options, the Cayman Islands are ideal for those looking for an island life with financial benefits.

Georgia’s Cash-out Ease: Georgia provides an easy cash-out option for cryptocurrencies, but its banking system poses risks and challenges for larger transactions.

DISCLAIMER: This video is not tax and/or financial and/or investment advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.

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