As cryptocurrency adoption grows, several countries now allow property purchases using Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies—either directly or through intermediaries. Here’s a list of countries where crypto real estate transactions are possible:
Countries where you can buy properties with crypto
- United States
- Some sellers and developers accept crypto, especially in tech hubs like Miami, Austin, and Los Angeles.
- Companies like Propy facilitate blockchain-based real estate deals.
- Legal but requires conversion to fiat for tax purposes (capital gains apply).
2. United Arab Emirates (UAE)
- Dubai leads in crypto-friendly property deals, with developers like Damac Properties accepting Bitcoin.
- Freehold areas (e.g., Palm Jumeirah, Dubai Marina) are hotspots for crypto transactions.
3. Portugal
- Known for its crypto-friendly tax policies (no capital gains tax if held long-term).
- Agencies like Zome and some luxury developers accept crypto.
4. El Salvador
- The first country to adopt Bitcoin as legal tender (since 2021).
- Some real estate agencies and developers accept BTC directly.
5. Spain
- Crypto transactions are legal but must be reported for tax purposes.
- Luxury markets (Marbella, Barcelona) see some crypto deals.
6. Thailand
- Property purchases with crypto are possible but must be converted to Thai Baht for legal registration.
7. Switzerland
- Crypto-friendly banks (e.g., SEBA, Sygnum) support real estate transactions.
- Some high-end properties in Zug (Crypto Valley) accept crypto.
8. Brazil
- A growing number of brokers and developers accept crypto, especially in São Paulo and Rio.
9. Indonesia (Bali)
- Some villas and luxury properties accept crypto, though regulations remain unclear.
10. Mexico
- Certain real estate agencies in Cancún, Playa del Carmen, and Mexico City accept crypto.
11. Japan
- While rare, some brokers accept Bitcoin after AML/KYC checks.
12. Australia
- Crypto transactions are legal but must be converted to AUD for tax reporting.
13. Turkey
- Some Istanbul luxury developers accept crypto amid high inflation.
14. Philippines
- A few condo developers in Manila accept crypto payments.
15. Argentina
- Due to currency instability, some sellers accept stablecoins (USDT) for property deals.
Key Considerations:
- Tax Implications: Most countries treat crypto as property, meaning capital gains tax applies upon sale.
- Legal Structure: Some transactions use escrow services or convert crypto to fiat before closing.
- AML/KYC: Buyers must often verify funds’ origins to comply with anti-money laundering laws.
Crypto-friendly real estate agents
Here’s a list of crypto-friendly real estate agencies and platforms that facilitate property purchases with Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies in key countries:
United States
Propy (propy.com)
- Global blockchain-based real estate platform with U.S. listings.
- Handles transactions in crypto (converts to fiat for closing).
Pacaso (pacaso.com) (Fractional ownership)
- Accepts crypto for luxury second-home co-ownership.
UAE (Dubai)
Damac Properties (damacproperties.com)
- Major developer accepting Bitcoin for select projects.
Metropolitan Premium Properties (mprealestate.ae)
- Dubai-based agency with crypto-friendly deals.
Crypto House (Private broker)
- Focuses on high-net-worth crypto buyers (contact via LinkedIn).
Portugal
Zome (zome.pt)
- Accepts crypto for luxury homes in Lisbon/Algarve.
- Crypto Real (Lisbon-based, Instagram/cryptoreal_pt)
- Specializes in crypto-to-property transactions.
Thailand
FazWaz (fazwaz.com)
- Some Bangkok and Phuket listings accept crypto (converted to THB).
Bali Realtor (Also covers Thailand)
- Facilitates crypto deals for villas/condos.
Mexico
Riviera Maya Real Estate Group (rivieramayarealestategroup.com)
- Accepts crypto for beachfront properties in Tulum/Playa del Carmen.
Spain
- Crypto-friendly agency in Costa del Sol, Sotogrande, Estepona and Marbella.
- Investment properties and luxury properties.
- After Sales service
Switzerland
Brickex Real Estate (Zug)
- Focuses on crypto investors in Crypto Valley.
Brazil
Laart Brazil (laart.com.br)
- São Paulo-based agency accepting crypto for luxury homes.
Global Platforms
BitPay (bitpay.com)
- Partners with real estate firms to process crypto payments.
Coinbase Commerce (commerce.coinbase.com)
- Some developers integrate it for direct crypto payments.
Tips for Crypto Real Estate Transactions:
- Use Escrow: Platforms like Propy or BitPay ensure secure transfers.
- Tax Compliance: Convert to fiat in some countries to avoid legal issues.
- Verify Legitimacy: Ensure the agency has a track record in crypto deals.
