LimboCaribbean
Jamaica
25%effective individual rate
General income tax of 25% applies to crypto gains. Jamaica has been exploring digital currency regulation.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains Tax25%
Income Tax on Crypto25%
Corporate Tax25%
VAT on Crypto15%
Activity Taxes
Staking
25%
Mining
25%
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
Bank of Jamaica; FSC
Residency Requirement
Various visa options
Reporting Requirements
Annual tax return
Citizenship & Residency Path
Residency via investment; citizenship by naturalization
Notable Conditions
- →25% flat income rate
- →CBDC pilot (JAM-DEX)
- →Growing fintech sector
- →No specific crypto regulation
Living & Lifestyle
Cost of Living
Moderate
Banking Access
Moderate
Quality of Life
Moderate
Lifestyle Scores
Safety4/10
Healthcare4/10
Institutions5/10
Business Ease5/10
Int'l Schooling3/10
Privacy6/10