LimboAsia
Vietnam
25%effective individual rate
Crypto not recognized as legal tender but widely used. Tax treatment unclear but general income tax applies. One of the highest crypto adoption countries globally.
FATCA Partner
No
FATF Status
Greylist
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxUp to 25%
Income Tax on CryptoUp to 35%
Corporate Tax20%
VAT on Crypto10%
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
State Bank of Vietnam
Residency Requirement
Various visa options
Reporting Requirements
Annual tax return
Citizenship & Residency Path
Residency via employment; citizenship rare for foreigners
Notable Conditions
- →Top 5 crypto adoption globally
- →Regulatory framework pending
- →Not legal tender
- →Growing DeFi ecosystem
Living & Lifestyle
Cost of Living
Low
Banking Access
Moderate
Quality of Life
Moderate
Lifestyle Scores
Safety7/10
Healthcare5/10
Institutions5/10
Business Ease6/10
Int'l Schooling4/10
Privacy5/10