PurgatoryAsia
Timor-Leste
10%effective individual rate
Timor-Leste has a flat 10% income tax. Dollar-based economy. Minimal crypto regulation.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains Tax10% on income
Income Tax on Crypto10%
Corporate Tax10%
VAT on Crypto2.5%
Activity Taxes
Staking
10% (as income)
Mining
10% (as income)
DeFi
10% (as income)
NFTs
10% (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 10 years
Living & Lifestyle
Cost of Living
Low
Banking Access
Moderate
Quality of Life
Medium
Lifestyle Scores
Safety5/10
Healthcare3/10
Institutions3/10
Business Ease3/10
Int'l Schooling2/10
Privacy6/10