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Crypto Tax-Free Countries

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by COINS NEWS 104 Views

Thinking of moving to a different country where you don’t have to pay high taxes on your crypto investments? Well, you’re not alone. As the value of crypto skyrockets, several countries around the world are imposing heavy taxes on crypto investors and their respective businesses—which could potentially cripple their profits. These taxes can either be imposed as a capital gains tax or an income tax.

Fortunately, there are still a few countries with no crypto tax that you can move to, or pay very little on your crypto investments. Here are the countries:

  • Germany
  • The Cayman Islands
  • El Salvador
  • Malaysia
  • Malta
  • Switzerland
  • Puerto Rico
  • Belarus
  • Singapore
  • Portugal

Source

submitted by /u/Dongerated
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