PurgatoryOceania
Solomon Islands
15%effective individual rate
Solomon Islands has limited crypto adoption. Standard income tax applies to gains.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxVariable
Income Tax on CryptoUp to 40%
Corporate Tax30%
VAT on Crypto10%
Activity Taxes
Staking
15% (as income)
Mining
15% (as income)
DeFi
15% (as income)
NFTs
15% (as income)
Taxable Events
Crypto → Fiat
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 by descent; naturalization after 7 years
Living & Lifestyle
Cost of Living
Medium
Banking Access
Moderate
Quality of Life
Medium
Lifestyle Scores
Safety5/10
Healthcare3/10
Institutions4/10
Business Ease3/10
Int'l Schooling2/10
Privacy7/10