HeavenAsia
Maldives
0%effective individual rate
Maldives has no personal income tax or capital gains tax. Tourism-based economy with growing crypto interest.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Not allowed
Bitizenship
Not yet
Tax Rates
Capital Gains Tax0% (no income tax)
Income Tax on Crypto0%
Corporate Tax15%
VAT on Crypto8%
Activity Taxes
Staking
0%
Mining
0%
DeFi
0%
NFTs
0%
Taxable Events
Crypto → Fiat
Not taxable
Crypto → Crypto
Not taxable
Holding Period
No holding period benefit
No specific holding period benefit
Regulation & Residency
Regulatory Body
Central bank and tax authority
Residency Requirement
Tax residency required for domestic tax obligations
Reporting Requirements
Standard tax reporting applies
Citizenship & Residency Path
Citizenship extremely restricted; residency via employment
Living & Lifestyle
Cost of Living
Low
Banking Access
Good
Quality of Life
High
Lifestyle Scores
Safety7/10
Healthcare5/10
Institutions5/10
Business Ease5/10
Int'l Schooling3/10
Privacy6/10