HellAfrica
Ethiopia
35%effective individual rate
Crypto is de facto banned by the National Bank of Ethiopia. Very restrictive foreign exchange controls. High income tax rates.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Not allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxUp to 35%
Income Tax on CryptoUp to 35%
Corporate Tax30%
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
Regulation & Residency
Regulatory Body
National Bank of Ethiopia
Residency Requirement
Various visa options
Reporting Requirements
Annual tax return
Citizenship & Residency Path
Residency via employment; citizenship rare for foreigners
Notable Conditions
- →Crypto effectively banned
- →Strict FX controls
- →High income tax
- →Limited internet access
Living & Lifestyle
Cost of Living
Very Low
Banking Access
Low
Quality of Life
Low
Lifestyle Scores
Safety3/10
Healthcare2/10
Institutions3/10
Business Ease3/10
Int'l Schooling2/10
Privacy7/10