Crypto-Friendly Countries: Best Places to Live and Work in the Blockchain Era (2024)

As cryptocurrencies and blockchain technology become more popular, many people are looking for places to live and work that are friendly to these innovations. Some countries have created environments welcoming to cryptocurrencies and blockchain, making them attractive to crypto enthusiasts.

Switzerland

Switzerland is known for its robust banking system and financial privacy. It is also one of the most crypto-friendly countries in the world. The country has a region called "Crypto Valley" in the canton of Zug, which is home to many blockchain startups and companies. The Swiss government has created clear and supportive regulations for cryptocurrencies and blockchain technology, making it easy for businesses to operate. In addition to favorable regulations, Switzerland has a high standard of living, excellent infrastructure, and a strong economy, making it an attractive place for crypto enthusiasts to live and work. Roqqu can help you buy and exchange cryptocurrencies easily if you decide to move to Switzerland.

Malta

Malta is often called "Blockchain Island" because of its friendly attitude towards cryptocurrencies and blockchain technology. The Maltese government has introduced comprehensive regulations supporting blockchain business development. These regulations provide legal clarity and protection for companies and users, making operating in the crypto space easier. Malta also offers a warm climate, beautiful scenery, and a vibrant lifestyle, making it an appealing destination for crypto enthusiasts.

Singapore

Singapore is a global financial hub focusing on technology and innovation. The country has embraced cryptocurrencies and blockchain technology, creating a supportive environment for businesses and investors. The Monetary Authority of Singapore (MAS) has introduced regulations that promote the crypto industry's growth while ensuring consumer protection. Singapore offers a high quality of life, excellent infrastructure, and a stable economy, making it an attractive place for crypto enthusiasts.

Estonia

Estonia is known for its digital innovation and e-government services. The country has supported cryptocurrencies and blockchain technology, creating a favorable environment for startups and businesses. Estonia's e-Residency program allows people worldwide to start and run companies in Estonia without being physically present in the country. This program has attracted many crypto entrepreneurs and blockchain companies. Estonia offers a high quality of life, a strong focus on technology, and a low cost of living, making it an attractive destination for crypto enthusiasts.

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Germany

Germany has a strong economy and is known for its innovation and technology. The German government has taken a positive approach to cryptocurrencies and blockchain technology, creating regulations that support the industry while ensuring consumer protection. Berlin, the capital city, is home to many blockchain startups and companies, making it a hub for crypto enthusiasts. Germany offers a high standard of living, excellent infrastructure, and a strong focus on technology and innovation.

Japan

Japan has been a leader in embracing cryptocurrencies and blockchain technology. The Japanese government has introduced regulations that provide legal clarity and protection for businesses and users, making operating in the crypto space easier. Japan is also home to a large and active crypto community, with many companies accepting cryptocurrencies as payment. The country offers a high quality of life, a rich culture, and a strong economy, making it an attractive destination for crypto enthusiasts.

Portugal

Portugal is becoming increasingly popular among crypto enthusiasts due to its favorable tax policies. The Portuguese government does not tax individuals on gains from the sale of cryptocurrencies, making it a good destination for crypto investors and traders. Portugal also offers a warm climate, beautiful scenery, and a high quality of life, making it an appealing place to live and work.

United Arab Emirates (UAE)

The UAE, particularly Dubai, has become a blockchain and cryptocurrency innovation hub. The government has introduced initiatives to support the development of the blockchain industry, including the Dubai Blockchain Strategy, which aims to make Dubai the first city fully powered by blockchain technology by 2020. The UAE offers a high standard of living, excellent infrastructure, and a strong economy, making it an attractive destination for crypto enthusiasts.

Several countries worldwide are creating environments welcoming to cryptocurrencies and blockchain technology. Switzerland, Malta, Singapore, Estonia, Germany, Japan, Portugal, and the UAE are some of the best places to live and work in the blockchain era. These countries offer supportive regulations, high quality of life, and strong economies, making them attractive destinations for crypto enthusiasts. If you want to explore the opportunities in these crypto-friendly countries, sign up on Roqqu today and start your journey into the exciting world of digital finance.

Crypto-Friendly Countries: Best Places to Live and Work in the Blockchain Era (2024)

FAQs

What are the best countries to move for crypto? ›

Countries like Singapore, Switzerland, Malta, Estonia, and Portugal are renowned for their favourable regulations and supportive government policies, making them the best crypto-friendly countries.

Which country is best for blockchain technology? ›

Singapore has been a pioneer in the adoption of blockchain technology and has therefore become one of the top blockchain countries.

Where is the best place to live for crypto investors? ›

Switzerland, Malta, Singapore, Estonia, Germany, Japan, Portugal, and the UAE are some of the best places to live and work in the blockchain era. These countries offer supportive regulations, high quality of life, and strong economies, making them attractive destinations for crypto enthusiasts.

What is the most friendly state for crypto? ›

Arizona, Florida, Texas, and Wyoming are among the most crypto-friendly states due to their low or no state income taxes and favorable regulations for crypto businesses. These states offer various incentives that make them attractive to individual investors and crypto companies.

Where do crypto millionaires move to? ›

Malta jumps to mind for two main reasons; its crypto-friendly legal environment and its generous remittance basis tax regime for non-doms. Aside from that, there are no wealth, inheritance, estate or gift taxes in Malta. It may also be the case that many crypto-assets are immune to capital gains tax in Malta.

Which city is best for blockchain? ›

Los Angeles, Chicago, and Houston are well-known in the crypto industry for crypto and bitcoin adoption. Worldwide, cities throughout Europe have adopted crypto, as have cities in Asia such as Tokyo, Seoul, and many others.

Which country is blockchain hub? ›

Switzerland is a hub for the blockchain industry due to its supportive regulatory environment, skilled workforce, and history of innovation.

What is the number one blockchain company? ›

Nubank, Coinbase, Core Scientific, MicroStrategy, Marathon Digital Holdings, and Riot Platforms have the highest revenues in the blockchain sector.

Where is the best crypto community? ›

Below are some of the top crypto Discord groups that are worth looking into in 2024.
  • Elite Crypto Signals.
  • Cryptohub.
  • NFTs World | Web 3.0 Community.
  • Eagle Investors.
  • Axion Crypto-Community.
  • LuxAlgo.
  • r/NFT Community.
  • BullTrades.net.
Feb 22, 2024

What is the best place for crypto? ›

Compare the Best Cryptocurrency Exchanges
CompanyTransaction FeesCurrencies
Kraken Best for Low Fees & Experienced Traders0.00% to 0.40%200+
Coinbase Best for BeginnersVariable fees (Coinbase), 0.00% to 0.40% maker fee, and 0.05% to 0.60% taker fee per trade200+23
Crypto.com Best Mobile App0.00% to 0.075%350+
4 more rows

Which country is best to set up a crypto fund? ›

Switzerland. Switzerland has always been the world's financial center. So it is no wonder that the country is considered one of the most advanced jurisdictions in the field of cryptocurrency. This applies to the canton of Zug, also known as the Crypto Valley.

Which country is crypto friendly? ›

To attract foreign investments and to develop the digital sphere, many countries apply 0% taxes on crypto incomes and crypto capital gains. The list of the most crypto-friendly countries includes Portugal, Malta, the United Arab Emirates, Germany, El Salvador, Georgia, Switzerland, and others.

What state has no crypto tax? ›

However, there is no tax for simply owning cryptocurrency. What states have no crypto tax? Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming have no state income taxes (although New Hampshire and Tennessee tax interest and dividends while Washington taxes capital gains).

Where is the safest place for crypto? ›

The answer to the question “what is the safest way to store crypto” is a self-custody cold storage wallet. As covered earlier, options include hardware wallets and paper wallets. But that's not to say that holding 100% of funds in cold storage is right for everyone.

Which countries are best at investing in crypto? ›

India is ranked at the top of Chainalysis's global crypto adoption index, as of September 2023, followed by Nigeria and Vietnam, to round out the top three. Many high adopters are developing markets, such as Ukraine, Indonesia and the Philippines, according to Chainalysis.

Which country is best for crypto tax? ›

17 best crypto tax free countries
  • Belarus. Until January 1, 2025, cryptocurrencies in Belarus enjoy exemptions from capital gains, income tax, and VAT for both businesses and individuals. ...
  • Bermuda. ...
  • British Virgin Islands. ...
  • Cayman Islands. ...
  • El Salvador. ...
  • Georgia. ...
  • Germany. ...
  • Hong Kong.
Jul 17, 2024

Where should I move my crypto? ›

Hardware wallets are considered the most secure way to store your crypto. This is because your private keys, which allow for the spending of your crypto, physically cannot leave the hardware wallet device due to how hardware wallets are designed.

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