Crypto tax in Bermuda
Bermuda does not impose personal income tax or capital gains tax, so individual crypto gains are commonly treated as non-taxable.
- Short-term rate
- 0%
- Long-term rate
- 0%
- Treatment
- No tax on gains
- Currency
- BMD
How Bermuda taxes crypto
Bermuda is widely known as a tax-neutral jurisdiction for individuals because it does not levy personal income tax or capital gains tax. In this simplified comparison model, cryptocurrency investment gains for individual holders are shown at 0% for both short-term and long-term disposals. Users should still keep records and confirm current local rules if their activity goes beyond passive individual investing.
The same rate applies however long you held.
A 10,000 BMD gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | — | — | 10,000 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in North America
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Bahamas | — | — |
| Barbados | — | — |
| Belize | — | — |
| Cayman Islands | — | — |
| Dominica | — | — |
| Jamaica | — | — |
| Panama | — | — |
| Saint Lucia | — | — |
Headline rate last checked 31 July 2026 · methodology