Iraq
Crypto is banned by the Central Bank of Iraq. General income tax rates are moderate but crypto-specific enforcement is strict.
FATCA Partner
No
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
CARF Status
Not yet committed
Bitizenship
Not yet
Tax Rates
Activity Taxes
Staking
Banned
Mining
Banned
DeFi
Banned
NFTs
Banned
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
N/A - crypto banned
Regulation & Residency
Regulatory Body
Central Bank of Iraq
Residency Requirement
Various visa options
Reporting Requirements
N/A
Citizenship & Residency Path
Citizenship by descent; naturalization after 10 years
Resilience & Plan B
Jurisdictional Resilience
How well-equipped this jurisdiction is for a crypto holder who wants stability, access, and protection.
JRS
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.”
PBR
Business ease (25%), citizenship path (20%), dual nationality, quality of life & safety (15% each), Bitizenship (10%). Full methodology →
Notable Conditions
- →Crypto banned by central bank
- →Informal usage exists
- →Security concerns
- →Limited financial infrastructure
Living & Lifestyle
Cost of Living
Low
Banking Access
Poor
Quality of Life
Low
Lifestyle Scores