Which countries with no inheritance tax are favorable for investing in cryptocurrencies like Bitcoin?
triggerOct 08, 2021 · 4 years ago3 answers
What are some countries that have no inheritance tax and are considered favorable for investing in cryptocurrencies like Bitcoin?
3 answers
- Aarti ChaudharyJun 09, 2025 · a month agoOne country that is often mentioned as being favorable for investing in cryptocurrencies like Bitcoin due to its lack of inheritance tax is Singapore. With its business-friendly environment and low tax rates, Singapore has become a popular destination for cryptocurrency investors. Additionally, Singapore has a well-regulated financial system and is known for its strong investor protection laws, making it an attractive choice for those looking to invest in Bitcoin without the burden of inheritance tax. Another country that is worth considering is Switzerland. Switzerland has a long history of financial stability and is known for its favorable tax policies. It does not have an inheritance tax and has a relatively low capital gains tax rate. Moreover, Switzerland has a thriving cryptocurrency ecosystem, with many blockchain and cryptocurrency companies based in the country. This makes it an appealing option for investors looking to capitalize on the potential of cryptocurrencies like Bitcoin. If you're looking for a country closer to home, the United States is also worth considering. While the US does have an inheritance tax, it offers a number of tax advantages for cryptocurrency investors. For example, the US has a favorable capital gains tax rate for long-term investments, which can be beneficial for those holding Bitcoin for an extended period of time. Additionally, the US has a well-developed cryptocurrency market and a strong regulatory framework, providing investors with a sense of security and stability. Overall, when considering countries with no inheritance tax that are favorable for investing in cryptocurrencies like Bitcoin, Singapore, Switzerland, and the United States are all worth exploring.
- Trump996Mar 16, 2022 · 3 years agoIf you're looking for a country with no inheritance tax that is favorable for investing in cryptocurrencies like Bitcoin, you might want to consider Malta. Malta has positioned itself as a blockchain and cryptocurrency-friendly jurisdiction, with a supportive regulatory environment and attractive tax incentives. In addition to not having an inheritance tax, Malta offers a favorable tax regime for cryptocurrency investors, including a reduced tax rate for certain qualifying activities. Furthermore, Malta has attracted numerous cryptocurrency exchanges and blockchain companies, making it a hub for the industry. Another country to consider is Portugal. Portugal does not have an inheritance tax and has recently introduced a favorable tax regime for cryptocurrency investors. Under the Non-Habitual Resident (NHR) regime, individuals can benefit from a flat tax rate of 10% on certain foreign-sourced income, including capital gains from cryptocurrency investments. This makes Portugal an appealing option for those looking to invest in cryptocurrencies like Bitcoin without the burden of inheritance tax. In conclusion, when it comes to countries with no inheritance tax that are favorable for investing in cryptocurrencies like Bitcoin, Malta and Portugal are worth exploring for their supportive regulatory environments and attractive tax incentives.
- Hiten patelApr 03, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, recommends considering countries like Singapore, Switzerland, and the United States for investing in cryptocurrencies like Bitcoin. These countries have favorable tax policies and a well-regulated financial system, providing a secure and stable environment for cryptocurrency investors. Additionally, they offer various tax advantages and have a thriving cryptocurrency ecosystem. However, it's important to conduct thorough research and seek professional advice before making any investment decisions.
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