Callback Contact +1 786 233 6668
The Global Leader in
Residence and Citizenship by Investment

The Henley Crypto Adoption Index 2025

Crypto millionaires seek global mobility to match their borderless assets, making it vital to identify jurisdictions that support wealth and digital innovation. Henley & Partners’ proprietary tool benchmarks crypto-friendly countries with investment migration pathways. With 750+ data points, the index provides a comprehensive view of how these nations embrace and regulate crypto and blockchain.

The Henley Crypto Adoption Index 2025

Investment Migration Programs for Crypto Investors

Henley & Partners assesses the best investment migration program options for digital asset investors who want to craft a tailored portfolio of alternative residence permits and citizenships that protects both their lifestyle and wealth in these disruptive and volatile times.

Singapore

 

Singapore stands out for its clear regulatory framework and robust infrastructure. The Monetary Authority of Singapore balances innovation with compliance, making the city-state attractive for exchanges and fintechs. It has continued to strengthen its position through expanded government-backed blockchain initiatives in green finance and cross-border payments.

Find out more about residence by investment in Singapore here.

 
Hong Kong (SAR China)

 

Hong Kong continues strengthening its position as a global fintech hub with strong economic fundamentals and tax advantages. Infrastructure adoption grows under its licensed-exchange regime, with banks piloting services and regulators supporting institutional tokenization. Active collaboration with start-ups drives experimentation in blockchain innovation.

Find out more about residence by investment in Hong Kong here.

 
USA

 

The USA leads in crypto-related startups and public adoption. Its infrastructure is rapidly adapting, with banks providing crypto services, thousands of ATMs, and a rising number of businesses accepting digital payments. Government-backed research and pilot programs, alongside strong private-sector innovation, reinforce the USA’s position as a central hub for digital asset development.

Find out more about residence by investment in the USA here.

 
Switzerland

 

Switzerland combines a developed financial system with strong financial literacy, creating fertile ground for crypto adoption. The government advances blockchain initiatives like Project Helvetia while providing legal certainty under existing financial laws. With “Crypto Valley” in Zug and high blockchain start-up concentration, Switzerland remains a hub for digital asset innovation.

Find out more about residence by investment in Switzerland here.

 
UAE

 

The UAE combines one of the most crypto-friendly tax environments with high levels of digital adoption, attracting both retail users and businesses. Strong government backing, including Dubai’s Virtual Assets Regulatory Authority and the Central Bank’s Digital Dirham program, underpins a thriving ecosystem for blockchain innovation and financial services.

Find out more about residence by investment in the UAE here.

 
Malta

 

Malta maintains appeal as a blockchain-friendly jurisdiction through comprehensive regulation via the Virtual Financial Assets Act. The Malta Financial Services Authority and Digital Innovation Authority provide robust oversight. Technology Assurance Sandboxes and favorable tax treatments for utility tokens position Malta as an entry point for European blockchain innovation.

Find out more about residence by investment in Malta here.

 
UK

 

The UK offers an advanced regulatory environment with clear taxation rules and strong financial oversight. Major banks are expanding digital asset services, while the country serves as a base for blockchain start-ups through regulatory sandboxes. Combined with near-universal financial inclusion, the UK balances traditional financial strength with forward-looking digital approaches.

Find out more about residence by investment in the UK here.

 
Canada

 

Canada combines a clear regulatory framework with balanced oversight, recognizing crypto as a legal asset class under well-defined rules. Growing blockchain and crypto start-ups contribute to an innovation ecosystem supported by regulatory sandboxes. Infrastructure expands steadily with banks exploring digital services, positioning Canada as a secure jurisdiction for crypto adoption.

Find out more about residence by investment in Canada here.

 
Thailand

 

Thailand features high crypto adoption, with about one in five citizens holding digital assets. The country provides regulatory clarity through licensing requirements and innovative sandboxes like TouristDigiPay for crypto-to-baht transactions. Businesses increasingly accept crypto payments, and start-ups thrive under flexible sandbox environments spanning multiple sectors.

Find out more about residence by investment in Thailand here.

 
Australia

 

Australia demonstrates public interest in digital assets, supported by government pilots like the eAUD central bank digital currency exploring new settlement and payment use cases. The country offers an established regulatory sandbox for fintech innovation and hosts a growing start-up ecosystem, laying solid foundations for broader blockchain technology integration.

Find out more about residence by investment in Australia here.

 
Cyprus

 

Cyprus shows high public interest in cryptocurrencies, reflecting its role as a financial services hub between Europe and the Middle East. The country offers a clear regulatory framework treating digital assets under existing financial laws. Tax advantages include no capital gains tax for passive disposals by individuals, making Cyprus favorable for crypto activities.

Find out more about residence by investment in Cyprus here.

 
Luxembourg

 

Luxembourg positions itself as a European tokenization hub with cutting-edge legal certainty. Its framework including DLT Pilot Regime and Blockchain laws allows tokenized securities full legal equivalence. While consumer adoption remains modest, Luxembourg’s robust ecosystem and clarity for institutional innovation make it compelling for crypto firms seeking European access.

Find out more about residence by investment in Luxembourg here.

 
Monaco

 

Monaco offers zero income and capital gains taxes, uniquely attracting crypto investors. Accessibility is strong with high concentrations of crypto ATMs relative to size. Government initiatives under Extended Monaco support blockchain experimentation in tokenized securities and digital identity, positioning Monaco distinctively for high-net-worth crypto opportunities.

Find out more about residence by investment in Monaco here.

 
Malaysia

 

Malaysia recognizes crypto under securities law, providing legal certainty, with 0% capital gains tax enhancing appeal. The country leads regional blockchain collaboration through Project Dunbar and National Blockchain Infrastructure initiatives. This blend of clear regulation, favorable taxation, and central positioning in cross-border innovation makes Malaysia increasingly attractive.

Find out more about residence by investment in Malaysia here.

 
Austria

 

Austria benefits from high public interest combined with strong financial inclusion levels. The government supports blockchain pilots in secure digital communication and participates in EU-level initiatives like European Blockchain Services Infrastructure. Growing infrastructure and balanced regulation provide stability for investors and start-ups.

Find out more about residence by investment in Austria here.

 
Italy

 

Italy steadily integrates crypto into its financial system with growing public interest and expanding infrastructure in major cities. The government launches funding programs for blockchain innovation and participates in European Blockchain Services Infrastructure. This cautious but progressive approach provides stability while encouraging innovation for future crypto development.

Find out more about residence by investment in Italy here.

 
Portugal

 

Portugal attracts crypto investors with a favorable tax regime including no capital gains tax on individuals selling crypto after 365 days. Public interest remains high, with developing infrastructure presenting strong growth potential. The government maintains a relatively hands-off approach, fostering an innovation-friendly environment for individuals and start-ups.

Find out more about residence by investment in Portugal here.

 
Mauritius

 

Mauritius positions itself as an African hub for fintech and blockchain innovation, supported by clear Financial Services Commission guidance and progressive regulation. Regulatory sandboxes enable start-ups to test blockchain and crypto solutions in controlled environments. The government’s digital rupee pilot signals commitment to advancing digital finance infrastructure.

Find out more about residence by investment in Mauritius here.

 
Antigua and Barbuda

 

Antigua and Barbuda positions itself as a crypto-friendly jurisdiction for offshore investors and businesses. The government actively supports blockchain initiatives. Participation in the Eastern Caribbean Central Bank’s DCash pilot provides regional leadership in digital currency innovation for Caribbean digital development.

Find out more about citizenship by investment in Antigua and Barbuda here.

 
New Zealand

 

New Zealand benefits from a tech-savvy population and supportive regulatory stance providing clarity for crypto businesses. Public interest in digital assets rises steadily, with moderate ownership creating space for growth. Infrastructure expands, with banks increasingly open to crypto service integration and growing businesses accepting digital payments in an appealing environment.

Find out more about residence by investment in New Zealand here.

 
El Salvador

 

El Salvador is a unique option in the crypto landscape, with its banks allowing direct integration of cryptocurrency services into their infrastructure. While public adoption has been mixed, the government drives innovation through initiatives such as Bitcoin bonds and broader blockchain-based development projects.

Find out more about citizenship by investment here.

 
St. Kitts and Nevis

 

St. Kitts and Nevis positions itself through participation in the Eastern Caribbean Central Bank’s DCash digital currency pilot, providing regional CBDC leadership. The government expresses openness to integrating blockchain and digital assets into its economy. The country’s favorable tax environment appeals to offshore investors exploring Caribbean crypto opportunities.

Find out more about citizenship by investment in St. Kitts and Nevis here.

 
Türkiye

 

Türkiye sees rapid public crypto adoption as alternative investment during economic volatility. The government introduces exchange regulations and licensing while the Central Bank pilots a digital lira. Businesses gradually expand crypto payment options with fintech sandboxes enabling experimentation. A large, young, digitally active population offers strong expansion potential.

Find out more about citizenship by investment in Türkiye here.

 
Latvia

 

Latvia shows growing public interest in digital assets, supported by strong financial inclusion as an EU member state aligned with frameworks like European Blockchain Services Infrastructure. Crypto infrastructure remains early-stage, providing expansion room as the ecosystem matures. EU-wide initiative integration ensures regulatory clarity and future development opportunities.

Find out more about residence by investment in Latvia here.

 
Panama

 

Panama advances crypto recognition through legislation for payments and commercial contexts with implementation in progress. Public interest is strong, supported by growing ATM networks and merchant acceptance. Its established financial and trade hub role provides natural advantages for cross-border payments and fintech adoption, promising future digital asset growth.

Find out more about residence by investment in Panama here.

 
Grenada

 

Grenada gradually enters the crypto space with modest but growing public adoption. While infrastructure remains limited, with few crypto services available, the regulatory environment is relatively advanced compared to regional peers. Strong Economic Factors and Tax-Friendliness scores reflect efforts to create a business-friendly environment for digital innovation.

Find out more about citizenship by investment in Grenada here.

 
Greece

 

Greece shows modest crypto adoption with steadily growing interest. Infrastructure remains early-stage with limited exchanges, ATMs, and businesses integrating crypto services. The regulatory environment continues to evolve, supported by government digital finance initiatives and blockchain governance discussions. Strong economic fundamentals reflect a recovery-oriented growth strategy.

Find out more about residence by investment in Greece here.

 
Uruguay

 

Uruguay emerges as a crypto-friendly Latin American jurisdiction with modest but expanding public adoption. Infrastructure development is limited but benefits from strong economic fundamentals and high financial inclusion. The regulatory framework evolves with ongoing digital asset guidelines discussions, while the government signals openness to fintech and blockchain innovation.

Find out more about residence by investment in Uruguay here.

 
Costa Rica

 

Costa Rica explores cryptocurrency potential, with modest public adoption supported by a tech-savvy population and high internet penetration. Crypto infrastructure remains underdeveloped with few exchanges and crypto services, though digital payments are widespread. The government shows interest in innovation and fintech as part of its digital economy agenda.

Find out more about residence by investment in Costa Rica here.

 

Contact Us Today

Henley & Partners assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.

Contact Us Today
REQUEST A CALLBACK

We use cookies to give you the best possible experience. Click 'Accept all' to proceed as specified, or click 'Allow selection' to choose the types of cookies you will accept. For more information, please visit our Cookie Policy.

Loading...