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SABA | Economy

The economy of Saba is based for a significant part on tourism, the Saba University School of Medicine and fishery.

Tourists visit Saba to enjoy the beauty of its nature both above and underwater. There are a number of hotels and lodges on the island and three dive companies. Because of its beautiful scuba diving and hiking Saba is increasing in popularity as a vacation destination. Saba is listed as one of the top ten diving destinations in the world. The water around the island were designated as the Saba National Marine Park in 1987, subject to government regulation to preserve its coral reefs and other marine life.

Other than exchange control and currency regulations, there are no specific restrictions or authorizations required for foreign investment. However, authorization may be required in certain regulated areas, such as banking and financial services.