How capital gains tax works in Bermuda
Bermuda does not have a personal capital gains tax regime. Gains from selling shares, funds, private company interests, real estate or crypto assets are generally not taxed as capital gains in Bermuda.
The main distinction is between gains tax and transaction tax. Real estate transfers can still trigger stamp duty and land tax, and certain equity or compensation arrangements can fall into payroll tax rather than capital gains tax.
Tax rates at a glance
- Capital gains tax
- 0%Zero
- Crypto capital gains tax
- 0%
- Shares and securities gains
- 0%
- Real estate gains
- 0%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
InvestorsCrypto holdersTradersHigh earnersFamily offices
Watch out for
- A 0% capital gains tax rate in Bermuda does not protect you from foreign tax if you are resident elsewhere.
- Crypto gains are not taxed under a Bermuda CGT regime, but exchanges and banks may still want acquisition records and source-of-funds evidence.
- Property sales can involve stamp duty and land tax even where no capital gains tax is due.
Frequently asked questions
Does Bermuda have capital gains tax?
No. Bermuda does not levy a personal capital gains tax on individuals.
Are crypto gains taxed in Bermuda?
No under a personal CGT regime. Keep records anyway, because banks, exchanges and foreign tax authorities can still ask for them.
Are stock market gains taxed in Bermuda?
Generally no. Bermuda does not tax ordinary share-sale gains as capital gains, though foreign tax can still apply in the investor's home country.