How to Get a Diamond License

Getting a diamond license requires following regulations that vary by location.

Here’s a quick guide:

  1. Know Your Location’s Laws: Diamond dealing regulations differ by country or state. Research your local requirements.
  2. License Types: Different licenses exist for activities like buying uncut diamonds (rough) or selling polished stones. Choose the right one.
  3. Eligibility: Meet requirements like minimum age, residency, and clean criminal record. Some may require good character, diamond knowledge, or financial stability.
  4. Regulations: Understand and comply with local rules, including KYC/AML procedures, recordkeeping, security, and Kimberley Process adherence.
  5. Apply: Once prepared, gather documents and submit your application to the designated authorities. Fees, interviews, and inspections may be involved.

Additional Resources:

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