HellAsia
Bangladesh
35%effective individual rate
Crypto is effectively banned by Bangladesh Bank. Penalties for crypto trading. High income tax rates.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains Tax15%
Income Tax on CryptoUp to 30%
Corporate Tax27.5%
VAT on Crypto15%
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 - effectively banned
Regulation & Residency
Regulatory Body
Bangladesh Bank
Residency Requirement
Various visa options
Reporting Requirements
N/A
Citizenship & Residency Path
Citizenship by descent; naturalization after 5 years
Notable Conditions
- →Crypto effectively banned
- →Heavy penalties
- →Underground market exists
- →No regulatory framework
Living & Lifestyle
Cost of Living
Very Low
Banking Access
Low
Quality of Life
Low
Lifestyle Scores
Safety4/10
Healthcare3/10
Institutions3/10
Business Ease4/10
Int'l Schooling3/10
Privacy6/10