Ecuador
General income tax applies. USD-denominated economy. Crypto not specifically regulated but gaining adoption.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Activity Taxes
Staking
Taxed as income
Mining
Taxed as income
DeFi
Not addressed
NFTs
Not addressed
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
None
Regulation & Residency
Regulatory Body
SRI; Superintendencia de Bancos
Residency Requirement
Various visa options; easy residency
Reporting Requirements
Annual tax return
Citizenship & Residency Path
Easy residency via income; citizenship after 3 years
Notable Conditions
- →USD-denominated economy
- →General tax rules apply
- →Growing adoption
- →Easy residency
Living & Lifestyle
Cost of Living
Low
Banking Access
Moderate
Quality of Life
Moderate
Lifestyle Scores