Finland
30% tax on crypto gains (34% above €30K). Mining income taxed on receipt. Tax authority flagged large gap between traders and reporters. 20% deemed cost deduction if records lost.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Activity Taxes
Staking
30-34%
Mining
30-34% (on receipt)
DeFi
30-34%
NFTs
30-34%
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
No holding period benefit
Regulation & Residency
Regulatory Body
Vero (tax authority); FIN-FSA (financial regulation)
Residency Requirement
EU/EEA free movement; various permits for non-EU
Reporting Requirements
Annual tax return; Vero (tax authority) actively monitoring all transactions
Citizenship & Residency Path
Residency via employment/business; citizenship after 5 years
Notable Conditions
- →30% base rate; 34% on gains exceeding €30,000
- →20% deemed cost basis deduction if records are lost
- →Finnish tax authority sees every crypto transaction
- →Large enforcement gap identified and being closed
- →DAC8 from 2026 will further increase transparency
Living & Lifestyle
Cost of Living
High
Banking Access
Excellent
Quality of Life
Very High
Lifestyle Scores