Crypto

Crypto Tax-Free Countries in 2026

Where a private investor pays 0% capital gains tax on crypto — outright tax-free regimes and countries that exempt long-held coins, with the conditions that apply.

8 countries

let a private investor pay 0% capital gains tax on a long-term crypto holding in 2026

0% on long-term crypto gains

Ranked by crypto-tax friendliness. The condition column matters — most are not unconditional.

#CountryConditionShort-termFriendliness
1🇦🇪 United Arab EmiratesNo capital gains tax0%100
2🇸🇬 SingaporeNo capital gains tax0%95
3🇹🇭 ThailandNo capital gains tax0%95
4🇨🇭 SwitzerlandNo capital gains tax0%95
5🇭🇰 Hong KongNo capital gains tax0%95
6🇳🇱 NetherlandsNo CGT (annual wealth tax instead)0%85
7🇵🇹 PortugalTax-free after 12-month hold28.0%78
8🇩🇪 GermanyTax-free after 12-month hold42%70

Countries that tax long-term gains

Lowest long-term rate first

CountryRegimeLong-term rateFriendliness
🇧🇪 BelgiumCapital gains10%81
🇺🇸 United StatesCapital gains15%58
🇧🇷 BrazilSpecial regime15%70
🇨🇦 CanadaCapital gains16%66
🇦🇺 AustraliaCapital gains18%51
🇿🇦 South AfricaSpecial regime18%57
🇵🇱 PolandFlat rate19%65
🇲🇽 MexicoIncome tax20%59
🇪🇸 SpainCapital gains21%57
🇰🇷 South KoreaSpecial regime22%57
🇳🇴 NorwayCapital gains22%55
🇬🇧 United KingdomCapital gains24%54
🇪🇪 EstoniaIncome tax24%52
🇮🇱 IsraelCapital gains25%50
🇫🇷 FranceFlat rate30%43
🇮🇳 IndiaFlat rate30%41
🇸🇪 SwedenCapital gains30%41
🇮🇹 ItalyFlat rate33%36
🇳🇿 New ZealandIncome tax33%36
🇮🇪 IrelandCapital gains33%36
🇯🇵 JapanIncome tax40%23
🇩🇰 DenmarkIncome tax42%19

8 of 30 countries we track let a private investor pay 0% capital gains tax on a long-term crypto holding in 2026: 🇦🇪 United Arab Emirates, 🇸🇬 Singapore, 🇹🇭 Thailand, 🇨🇭 Switzerland, 🇭🇰 Hong Kong, 🇳🇱 Netherlands, 🇵🇹 Portugal, 🇩🇪 Germany. Most come with a condition — the UAE, Singapore, Switzerland and Hong Kong have no capital gains tax at all, while Germany and Portugal exempt coins only after a 12-month hold.

Read the condition column closely. Switzerland adds a small annual wealth tax and taxes staking as income; Thailand's exemption runs 2025–2029 and only covers licensed-exchange trades; the Netherlands has no capital gains tax but levies an annual Box 3 wealth tax on holdings. None of this is part of the NLV score — it is a separate per-country layer for crypto investors.

This is general information for a private individual investor, not tax advice. Professional trading is reclassified and taxed differently in most of these countries, and rules change — always confirm with the linked tax authority.

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