LimboAsia
Sri Lanka
24%effective individual rate
General income tax applies to crypto at progressive rates up to 30%. Post-crisis economy with evolving regulation.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxUp to 30%
Income Tax on CryptoUp to 30%
Corporate Tax30%
VAT on Crypto18%
Activity Taxes
Staking
Taxed as income
Mining
Taxed as income
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
CBSL
Residency Requirement
Various visa options
Reporting Requirements
Annual tax return
Citizenship & Residency Path
Resident Guest visa; citizenship by registration for diaspora
Notable Conditions
- →General income tax applies
- →Post-crisis economy
- →Regulatory framework developing
- →Growing tech sector
Living & Lifestyle
Cost of Living
Low
Banking Access
Moderate
Quality of Life
Moderate
Lifestyle Scores
Safety6/10
Healthcare5/10
Institutions4/10
Business Ease5/10
Int'l Schooling4/10
Privacy5/10