Country overview

This is general info about crypto regulation in Jordan. A more precise overview will be published later. However, if you find any inaccuracy or have other feedback - please write us in telegram @ilya_ii or by e-mail - editor@cryptopenetration.com

Jordan is a state located in the Middle East. Based on Wikipedia (1) Jordan's population is 11.5 million people and its area is 90,000 km². About ⅔ of the Jordan population works in the field of tourism and unemployment rate in the country is about 22%.

According to Visaguide (2) Citizens of some countries can enter Jordan without a visa. Still, others will need to obtain a visa on arrival, which is valid for 30 days for a single entry, or apply for a visa at the Jordanian Embassy. Visa price is about $60 and in some cases (visiting Aqaba, program Jordan pass) - it’s possible to get it for free. You can check more information about Jordan Pass program (3) organized by the Local Ministry of Tourism.

Based on Expatfocus (4) it’s possible to get a residence permit in Jordan for students, temporary workers and long term tourists. This jurisdiction also has a special immigration program for foreign investors and one more possible case to move in the country is a marriage.

There is an option to get Jordanian Citizenship (5) by Investment into the economy like purchasing state’s bonds/deposit funds to the Central Bank. The essential amount of investments is about $1,000,000.

Jordan has a minor danger security level according to our rating. Jurisdiction has 59.6  points (from 100) for safety level in Numbeo crime rating (6). The homicide level (7) is 1.1 per 100,000 inhabitants a year. Level of firearm-related death (8) 0.24 per 100,000 inhabitants a year.

The Central Bank of Jordan (9) prohibits banks, currency exchanges, financial companies, and payment service companies from dealing in bitcoins or other digital currencies. While it warned the public of the risks of bitcoins, and that they are not legal tender, bitcoins are still accepted by small businesses and merchants.

Cryptocurrencies in Jordan are not legal tender, so paying salaries in cryptocurrencies is not regulated in the country.

Сrypto trading is booming in Jordan based on local media (10) and there are at least about 129,000 of people who owns crypto in this jurisdiction. However, according to Coinmarketcap review (11) there is a formal ban on crypto transactions in the country. However, it doesn’t stop locals from accessing crypto exchanges through the web.

Based on PWC tax summaries (12) the headline CIT rate for banks is 35%; for telecommunication, insurance corporations, and financial intermediaries is 24%; for other corporations is 20%. The headline PIT rate is 30%. The headline corporate capital gains tax rate is 20%.

1) 👉🏻Jordan. Wikipedia

2) 👉🏻Visa in Jordan

3) 👉🏻What is JordanPass? JordanPass Program

4) 👉🏻Residence permit in Jordan Expatfocus

5) 👉🏻Jordan Henley Global

6) 👉🏻Crime Index by Country 2024 Numbeo

7) 👉🏻List of countries by intentional homicide rate

8) 👉🏻List of countries by firearm-related death rate

9) 👉🏻Legality of cryptocurrency by country or territory Wikipedia

10) 👉🏻Jordan has 129 thousands crypto users Alrai

11) 👉🏻Crypto adoption in Jordan is rising… Coinmarketcap

12) 👉🏻Jordan. PWC