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PurgatoryAsia

Azerbaijan

14%effective individual rate

14% income tax rate. Azerbaijan has limited crypto-specific regulation but general tax rules apply.

FATCA Partner

Yes

FATF Status

Clear

EU Blacklist

No

Dual Nationality

Not allowed

CARF Status

Not yet committed

Bitizenship

Not yet

Tax Rates

Capital Gains Tax14%
Income Tax on Crypto14%
Corporate Tax20%
VAT on Crypto18%

Activity Taxes

Staking

14%

Mining

14%

DeFi

14%

NFTs

14%

Taxable Events

Crypto → Fiat

Taxable

Crypto → Crypto

Taxable

Holding Period

No holding period benefit

None

Regulation & Residency

Regulatory Body

Central Bank of Azerbaijan; FIMSA

Residency Requirement

Various visa options

Reporting Requirements

Annual tax return

Citizenship & Residency Path

Residency via business/employment; citizenship after 5 years

Resilience & Plan B

Jurisdictional Resilience

How well-equipped this jurisdiction is for a crypto holder who wants stability, access, and protection.

5.7

JRS

Institutions
4/10
Banking Access
5/10
Tax Clarity
7/10
Business Env.
5/10
Privacy
5/10
Geopolitical
10/10

Institutions (25%), banking (20%), tax clarity (20%), business (15%), privacy (10%), geopolitical (10%). Full methodology →

Plan B Readiness

How fast you can go from “I want to move” to “I’m a tax resident with banking and optionality.”

4.7

PBR

Business Ease
5/10
Citizenship Path
6/10
Dual Nationality
2/10
Quality of Life
5/10
Safety
6/10
Bitizenship
3/10

Business ease (25%), citizenship path (20%), dual nationality, quality of life & safety (15% each), Bitizenship (10%). Full methodology →

Notable Conditions

  • 14% flat rate
  • Limited crypto regulation
  • Oil-rich economy
  • Growing fintech interest

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

Bitizenship

Citizenship & Residency by Investment, with indirect Bitcoin exposure

We build products where your investment capital maintains Bitcoin exposure while you gain new residencies or citizenships. No real estate, bonds, or donations. Indirect exposure via Bitcoin companies, Bitcoin-aligned funds, and similar structures. Over $25M raised globally.

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