LimboMiddle East
Yemen
20%effective individual rate
Yemen has minimal crypto regulation. Growing usage for remittances despite conflict.
FATCA Partner
No
FATF Status
Greylist
EU Blacklist
No
Dual Nationality
Not allowed
Bitizenship
Not yet
Tax Rates
Capital Gains TaxUnclear
Income Tax on CryptoUp to 20%
Corporate Tax20%
VAT on Crypto5%
Activity Taxes
Staking
20% (as income)
Mining
20% (as income)
DeFi
20% (as income)
NFTs
20% (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 by descent; no practical pathway for foreigners
Living & Lifestyle
Cost of Living
Medium
Banking Access
Limited
Quality of Life
Low
Lifestyle Scores
Safety1/10
Healthcare2/10
Institutions1/10
Business Ease1/10
Int'l Schooling1/10
Privacy7/10