LimboAfrica
Senegal
25%effective individual rate
Senegal taxes capital gains as income at progressive rates up to 40%. Crypto not specifically regulated.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxUp to 25%
Income Tax on Crypto0-40% progressive
Corporate Tax30%
VAT on Crypto18%
Activity Taxes
Staking
25% (as income)
Mining
25% (as income)
DeFi
25% (as income)
NFTs
25% (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 after 5 years residency; diaspora eligible
Living & Lifestyle
Cost of Living
Medium
Banking Access
Moderate
Quality of Life
Medium
Lifestyle Scores
Safety5/10
Healthcare3/10
Institutions4/10
Business Ease4/10
Int'l Schooling3/10
Privacy6/10