Foreign Account Tax Compliance Act (FATCA) was enacted in 2010 by Congress and the law was signed by Obama. FATCA was passed to identify assets of persons with US connections and prevent tax evasion. The law identifies U.S. citizens, U.S. corporations and U.S. tax residents.
FATCA requires foreign financial institutions (FFIs) and banks to report to the IRS information about financial accounts held by U.S. taxpayers, or foreign entities held by U.S. taxpayers hold a substantial ownership interest.
There are currently about 114 jurisdictions that have FATCA Model 1 or Model 2 agreements in force, signed or agreed in substance, according to the US Treasury department (checked October 2026). The latest agreements to enter into force were Cabo Verde and Thailand in 2024. FATCA has been criticized by accidental americans who are not aware of their US citizenship. The number of americans renouncing US citizenship has soared since implementation of FATCA in 2010.
So how many countries have non-FATCA agreement with US?
There are some 95 countries that currently have no FATCA agreements with the US.
| Afghanistan Albania Andorra Bangladesh Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brunei Darussalam Burkina Faso Burundi Cameroon Central African Republic Chad Comoros Congo Congo, Democratic Republic Côte D’Ivoire Cuba Djibouti Ecuador Egypt El Salvador Equatorial Guinea Eritrea Ethiopia Fiji Gabon Gambia Ghana Guatemala Guinea Guinea Bissau Iran Jordan Kenya Kiribati Kyrgyzstan Laos Lebanon Lesotho Liberia Libya Madagascar Malawi Maldives Mali |
Marshall Islands Mauritania Micronesia Monaco Mongolia Morocco Mozambique Myanmar Namibia Nauru Nepal Niger Nigeria North Korea North Macedonia Oman Pakistan Palau Papua New Guinea Russia Rwanda Samoa São Tomé and Principe Senegal Sierra Leone Solomon Islands Somalia South Sudan Sri Lanka Sudan Suriname Eswatini (Swaziland) Syria Tajikistan Tanzania Timor-Leste Togo Tonga Tuvalu Uganda Uruguay Vanuatu Venezuela Yemen Zambia Zimbabwe |
AfghanistanIt is important to note that absence of FATCA in these countries does not mean that financial institutions in these jurisdictions, do not report to IRS. Some foreign financial institutions operating in these countries do report. The IRS maintains a list of FFI who report under FATCA even in non-FATCA countries and is updated regularly
Note: List checked against the US Treasury FATCA page in October 2026. Please check with the IRS department for institutions complying with FATCA.
