Is it still interesting to invest in Crypto ?
Several countries stand out as favorable havens for crypto enthusiasts and investors.
Some of them allow you to make some profit with no tax, some others tax your capital gains only above a certain threshold, but the trends is that all countries are pushed to tax your crypto gains.
As of April 2025, several countries offer favorable tax regimes for cryptocurrency investors, either by not imposing taxes on crypto-assets or by applying minimal tax rates.
🌍 Where Can You Hold Crypto Without Paying Taxes in 2025?
Looking for a place where you can HODL freely? Here’s your cheat sheet to the most crypto-friendly countries this year — no tax headaches included (or just minimal ones)!
Here’s an overview:
🏝️ No-Tax Crypto Havens
1. Mauritius
A sunny paradise and a tax haven. No capital gains tax on crypto, and if you’re a small business, you’ll only pay around 1–3%. Crypto mining is taxed, though — between 0% and 25%, based on your income.
2. Malaysia
If you’re holding for the long term, you’re in luck — no capital gains tax here either. Just be careful with frequent trades, as they might get classified as income (0%–30%).
3. Malta
The “Blockchain Island” lives up to the hype. Long-term crypto? Tax-free. But day trading? That’s treated like business income and taxed up to 35% — unless you get clever with local tax optimization (some people reduce it to 0%–5%).
4. Singapore
No capital gains tax at all — individuals trading crypto aren’t taxed. But if you’re running a crypto business, income tax applies.
5. El Salvador
They made Bitcoin legal tender, and they’re going all-in: no income, property, or capital gains tax on crypto.
6. Georgia
Crypto profits aren’t taxed for individuals, since it’s not considered local income. Businesses, though, will pay 15%.
7. Cayman Islands
A classic no-tax zone. No income, no corporate, and no capital gains taxes — including on crypto.
8. Bermuda
Same story here: crypto transactions are totally untaxed. No capital gains, no income tax, nada.
9. Germany (Kind of tax-free)
If you hold your crypto for over a year, you can sell it tax-free! But sell within 12 months and you might owe taxes if profits are over €600.
💸 Low-Tax Countries for Crypto
If you can’t go full tax-free, these places keep it light:
🇮🇩 Indonesia
Just a 0.1% tax on crypto transactions. That’s barely a scratch.
🇻🇳 Vietnam
A crypto tax rate between 0% and 5% — not bad at all.
🇨🇴 Colombia
Here, you’ll pay about 10% on crypto gains.
🇧🇷 Brazil, 🇦🇷 Argentina, 🇲🇽 Mexico, 🇨🇷 Costa Rica, 🇧🇴 Bolivia
Most of these apply a 15% tax on your crypto gains — not ideal, but still better than many Western countries.
And now guess which country is missing in this list …
🇨🇭 Switzerland: The OG Crypto Hub
Switzerland might not have made the original “no-tax” list — but that’s only because their approach is nuanced, not because it’s bad. In fact, it’s one of the best places in the world for crypto entrepreneurs and wealthy investors.
Here’s how Switzerland treats crypto in 2025:
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Private individuals don’t pay capital gains tax on crypto.
That means if you’re just buying, HODLing, and selling later — you’re in the clear, as long as you’re not considered a professional trader. -
Wealth tax does apply, though. Your crypto is considered an asset and is included in your net worth for annual wealth tax, which ranges from about 0.3% to 1%, depending on your canton (region).
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Mining and professional trading are taxed as income.
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Crypto businesses pay regular corporate taxes — but Switzerland’s rates are competitive, especially in crypto-forward areas like Zug (aka “Crypto Valley”).
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Interested in knowing more about your crypto country ?
Let’s talk! Send us an email and describe your project. We’ll be happy to guide you : info@banthetax.com
