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Crypto Regulation in Bonaire, Sint Eustatius and Saba

Legal

The BES islands are special municipalities of the Netherlands. Dutch financial regulation applies through DNB. Crypto is legal under Dutch/EU framework.

Region: CaribbeanCurrency: USDRisk Score: 30/100

Tax Information

Capital Gains (Personal)
No specific guidance; BES tax regime applies
Capital Gains (Corporate)
0% for qualifying businesses
VAT on Crypto
No
Staking Tax
No specific guidance
Airdrop Tax
No specific guidance
Mining Tax
No specific guidance
Summary
BES islands have a simplified tax regime.

Licensing & Registration

License Required
Yes
Regulator
DNB (De Nederlandsche Bank)
Framework
Dutch AML regulations; EU MiCA
License Types
Crypto Service Provider Registration (DNB)
Estimated Cost (USD)
$25,000 - $150,000
Timeline
6-12 months
Ease of Licensing
Hard
Notes
Dutch financial regulation applies.

AML / KYC

KYC Required
Yes
Travel Rule
Yes
FATF Member
Yes
FATF Status
Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.25
Renewable Energy
10%
Climate
Tropical
Infrastructure
Moderate
Tax on Mining Income
0% for qualifying businesses
Notes
High electricity costs significantly reduce mining profitability.

DeFi, Stablecoins & NFTs

DeFi: regulatedStablecoins: specific frameworkNFTs: unclearCBDC: none

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | International Business Company (IBC)
Licensing Support
Available | $25,000 - $100,000

Sources

De Nederlandsche Bank
Reviewed: 2026-03-01ai_baseline

Frequently Asked Questions

Is crypto legal in Bonaire, Sint Eustatius and Saba?
Cryptocurrency is currently classified as "Legal" in Bonaire, Sint Eustatius and Saba. The BES islands are special municipalities of the Netherlands. Dutch financial regulation applies through DNB. Crypto is legal under Dutch/EU framework.
What is the crypto tax rate in Bonaire, Sint Eustatius and Saba?
In Bonaire, Sint Eustatius and Saba, the personal capital gains tax on crypto is No specific guidance; BES tax regime applies, and the corporate tax rate is 0% for qualifying businesses. BES islands have a simplified tax regime.
Do I need a crypto license in Bonaire, Sint Eustatius and Saba?
Yes, a crypto license is required in Bonaire, Sint Eustatius and Saba. The regulator is De Nederlandsche Bank under Dutch AML regulations; EU MiCA. Estimated licensing cost: $25,000 - $150,000.
Is crypto mining legal in Bonaire, Sint Eustatius and Saba?
Yes, crypto mining is legal in Bonaire, Sint Eustatius and Saba. Electricity costs approximately $0.25/kWh. Mining income is taxed at: 0% for qualifying businesses. High electricity costs significantly reduce mining profitability.
What are the AML/KYC requirements for crypto in Bonaire, Sint Eustatius and Saba?
Yes, crypto businesses in Bonaire, Sint Eustatius and Saba must comply with KYC (Know Your Customer) requirements. The FATF Travel Rule is implemented. FATF compliance status: compliant.