Top Crypto-Friendly Countries Revealed 🌍

Discover which countries offer 0% tax on Bitcoin and maximize your crypto profits. [image](=) Hi {NAME}, There are countries with a 0% tax on Bitcoin. As El Salvador has adopted Bitcoin as legal tender, investors have been asking about other crypto-friendly nations. We've got the list for you. What Makes a Country Crypto-Friendly? Crypto-friendly countries typically have low or zero taxes on crypto capital gains, income, and transactions. They create an environment that attracts crypto investors, entrepreneurs, and digital nomads. Here are some of the most crypto-friendly countries in the world ( in no particular order): 1. Germany Surprisingly, Germany, known for its high taxes, offers some unique benefits for crypto investors. If you've held your crypto assets for more than a year, you are exempt from paying taxes on your gains. However, if you sell within a year and earn more than €600, you will be subject to capital gains tax. 2. Switzerland Switzerland is gradually building a ‘Crypto Nation’ with its famous Crypto Valley in Zug. Private investors are exempted from paying capital gains taxes on crypto. However, your crypto income and the total value of your crypto assets are still subjected to taxation. 3. Portugal Portugal is a favorite among crypto investors due to its zero tax on crypto trading, income, and capital gains for individuals. Although businesses still have to pay corporate income tax and VAT, Portugal remains a top choice for a tax-free crypto lifestyle. 4. Malta Known as 'Blockchain Island,' Malta offers no long-term capital gains tax on crypto. Crypto trading is subjected to business income tax ranging from 0-35%, based on your income status and tax bracket. The Least Crypto-Friendly Countries Not all countries are welcoming to cryptocurrencies. Here are some of the least crypto-friendly countries you should be aware of: 1. China China has banned all crypto transactions and payments since September 2021, citing concerns about the environmental impact of crypto mining and the potential for fraud and money laundering. 2. The Netherlands The Netherlands imposes a tax on unrealized or fictitious gains of 31%, making it less attractive for crypto investors despite its high number of English speakers and favorable business climate. 3. Japan In Japan, crypto assets are subjected to Miscellaneous Income Tax ranging from 5% to 45% on profits, plus an additional Municipal tax of 10%. This results in a high overall tax rate on crypto transactions. 4. India India has implemented a 30% tax on income from crypto and other virtual assets with no deductions or exemptions, which has disappointed many in the crypto community. If you want to know more about the most (and least) crypto-friendly places for investments and how you can benefit from low crypto taxes, read our full guide below. [READ THE FULL GUIDE](=) In Freedom and Prosperity, The Nomad Capitalist Team = = [Update Email Preferences]( | [Unsubscribe]( Nomad Capitalist Limited 2301, 23F Bayfield Building 99 Hennessy Road Wanchai Hong Kong +1 (979) 966-6623