
H.E. Noor bint Ali Alkhulaif is Minister of Sustainable Development, Chief Executive of Bahrain Economic Development Board (Bahrain EDB).
Crypto has loosened the old ties between wealth and place. A digital wallet can cross borders in seconds, meaning its holders are increasingly unbound by location and free to choose where they live, invest, and build their futures. Henley & Partners’ Crypto Wealth Report 2026 counted 135,694 individuals, each holding at least USD 1 million in digital assets, and has identified crypto-wealth holders as among the most globally mobile high-net-worth individuals (HNWIs).
As crypto wealth continues to expand and mature, the Gulf Cooperation Council (GCC) has emerged as an increasingly attractive destination for digital asset investors and businesses, with the Kingdom of Bahrain featuring in the Henley Crypto Adoption Index for the first time, ranking 13th among 36 countries. Its established financial services sector, forward-looking regulations, advanced digital infrastructure, and long-term residency options, all within a compact market that brings together decision-makers, regulators, banks and financial institutions, have earned Bahrain a place among the world’s leading crypto-friendly jurisdictions offering investment migration programs.
Bahrain has long been developing a regulatory pathway for digital finance, following its early decision to diversify away from oil and build a sound and robust financial services sector. This focus has made Bahrain a regional pioneer in innovation-enabling regulation, becoming the first country in the GCC to launch a nationwide fintech regulatory sandbox in 2017, and among the first regionally to introduce dedicated frameworks for digital assets and stablecoins. Rain, the region’s first licensed Sharia-compliant cryptocurrency platform, graduated from the sandbox, while the global platform Binance subsequently chose Bahrain for its first GCC crypto-asset service-provider license.
Rather than treating digital assets as an activity sitting outside conventional finance, the approach has been to establish rules under which the sector can develop, with the Central Bank of Bahrain (CBB), the Kingdom’s sole financial services regulator, playing a proactive role in enabling innovation while maintaining oversight. As new technologies emerge, the CBB has continued to adapt its framework to support the growth of the sector while safeguarding financial stability. Last year, the CBB announced the introduction of a framework for licensing and regulating stablecoin issuers, setting out requirements for entities seeking to issue fiat-backed stablecoins.
The framework also supports the ability of licensed financial institutions and crypto-asset service providers to serve customers beyond Bahrain’s borders. Financial institutions, including licensed crypto-asset exchanges, are permitted to digitally onboard customers globally, enabling Bahrain-based platforms to engage with international clients while operating within the Kingdom’s regulatory landscape.

Regulation answers one question: how can digital assets be held and managed within the financial system? But as digital fortunes become more established, another follows: what happens to that wealth over the long term?
Successful crypto founders and investors rarely remain exposed to one asset class forever. Over time, a crypto fortune can spread into property, private companies, funds, and conventional financial assets, bringing custody, governance, and succession into the conversation.
Bahrain has already built the architecture needed to address this broader context. With over 100 years of experience, the Kingdom is home to over 350 banks and financial institutions, alongside established fund and trust structures. In 2023, the CBB introduced a dedicated family-office licensing category covering services including wealth advice, investment management, custody, trusts, and fund management. More importantly, the CBB’s Family Office Module expressly includes crypto-assets alongside other financial and investment assets.
That creates a useful bridge for digital wealth. Crypto does not have to remain a separate part of an investor’s financial portfolio; it can form part of the same regulated structures used to manage, diversify, and eventually transfer wider family wealth.
Where investors choose to base themselves is also personal. Bahrain launched its Golden Residency Program to create a pathway for property owners, professionals, and talented individuals to build a genuine long-term stake in the Kingdom, with no minimum stay requirements. In 2025, the investment threshold for real estate-based residency was reduced by 35% to USD 345,000, providing one of the most competitive entry points for long-term residency in the region. Entrepreneurs and innovators may qualify through the talented-individual route, and the benefits can be extended to immediate family members.
Bahrain’s wider tax environment shapes that decision, too. The Kingdom has no personal income-tax regime, no capital gains tax on individuals, and no inheritance tax, which can be an important consideration for investors and families planning for the long-term preservation of wealth across generations.
Privacy and protection are also part of the equation for people managing significant wealth. Bahrain’s advanced digital infrastructure, from its Cloud-First Policy and 100% eKYC integration across retail banks to its early adoption of Open Banking and advanced real-time payments infrastructure, is underpinned by data protection frameworks designed to safeguard personal information and support secure digital financial activity. For investors and families looking for a long-term base, these protections can provide added confidence that privacy remains part of the wider proposition.
Investors need access to the wider financial system as portfolios diversify. Founders need an environment in which digital-asset and fintech businesses can grow. Families need structures through which wealth can be managed and passed on over time. And all still need a base that offers stability, flexibility, and the confidence to build for the long term.
Bahrain brings these elements together: an established financial center, a regulatory framework that enables innovation, structures that can accommodate digital and family wealth, and a long-term residency proposition supported by a competitive tax and privacy environment. For crypto investors and fintech founders, Bahrain offers a connected base in the Gulf, with the financial institutions, expertise, and wider regional markets within reach.