Crypto tax in Panama
No capital gains tax on cryptocurrency for individuals.
- Short-term rate
- 0%
- Long-term rate
- 0%
- Treatment
- No tax on gains
- Currency
- USD
How Panama taxes crypto
Panama does not impose capital gains tax on income derived from sources outside of Panama, and cryptocurrency gains are generally considered foreign-sourced for individuals. There is no specific crypto tax legislation, making it a favorable jurisdiction for crypto investors. Panama uses a territorial tax system, meaning only income generated within Panama is taxable. The country has been exploring broader digital asset regulation, and some businesses in Panama City accept Bitcoin and other cryptocurrencies as payment.
The same rate applies however long you held.
A 10,000 USD gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | — | — | 10,000 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in North America
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Bahamas | — | — |
| Barbados | — | — |
| Belize | — | — |
| Bermuda | — | — |
| Cayman Islands | — | — |
| Dominica | — | — |
| Jamaica | — | — |
| Saint Lucia | — | — |
Headline rate last checked 31 July 2026 · methodology