HellAsia
North Korea
100%effective individual rate
North Korea has a completely closed financial system. Crypto allegedly used by state actors for sanctions evasion.
FATCA Partner
No
FATF Status
Blacklist
EU Blacklist
No
Dual Nationality
Not allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxN/A
Income Tax on CryptoN/A
Corporate Tax25%
VAT on CryptoN/A
Activity Taxes
Staking
100% (as income)
Mining
100% (as income)
DeFi
100% (as income)
NFTs
100% (as income)
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
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 virtually impossible for foreigners
Living & Lifestyle
Cost of Living
Medium-High
Banking Access
Limited
Quality of Life
Medium
Lifestyle Scores
Safety3/10
Healthcare3/10
Institutions1/10
Business Ease1/10
Int'l Schooling2/10
Privacy9/10