HellMiddle East
Iraq
35%effective individual rate
Crypto is banned by the Central Bank of Iraq. General income tax rates are moderate but crypto-specific enforcement is strict.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxUp to 15%
Income Tax on CryptoUp to 15%
Corporate Tax15%
VAT on Crypto0%
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
Central Bank of Iraq
Residency Requirement
Various visa options
Reporting Requirements
N/A
Citizenship & Residency Path
Citizenship by descent; naturalization after 10 years
Notable Conditions
- →Crypto banned by central bank
- →Informal usage exists
- →Security concerns
- →Limited financial infrastructure
Living & Lifestyle
Cost of Living
Low
Banking Access
Poor
Quality of Life
Low
Lifestyle Scores
Safety2/10
Healthcare3/10
Institutions2/10
Business Ease2/10
Int'l Schooling3/10
Privacy6/10