HellAfrica
Algeria
50%effective individual rate
Crypto is banned in Algeria. Purchase, sale, and holding of crypto is illegal since 2018 Finance Law.
FATCA Partner
No
FATF Status
Greylist
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxCrypto banned
Income Tax on CryptoCrypto banned
Corporate Tax26%
VAT on Crypto19%
Activity Taxes
Staking
Banned
Mining
Banned
DeFi
Banned
NFTs
Banned
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
N/A - crypto banned
Regulation & Residency
Regulatory Body
Bank of Algeria
Residency Requirement
Various visa options
Reporting Requirements
N/A
Citizenship & Residency Path
Residency via employment; citizenship difficult for foreigners
Notable Conditions
- →Crypto completely banned since 2018
- →Heavy penalties for violations
- →Underground market exists
- →No regulatory framework
Living & Lifestyle
Cost of Living
Low
Banking Access
Low
Quality of Life
Low-Moderate
Lifestyle Scores
Safety5/10
Healthcare4/10
Institutions3/10
Business Ease3/10
Int'l Schooling2/10
Privacy6/10