Caribbean & Atlantic

Bahamas: tax at a glance

There is no income, capital gains, wealth or inheritance tax. The state instead runs on a 10% VAT, business-licence fees, customs duties and property tax, plus a 15% top-up tax on large multinationals.

No personal income tax Last verified July 2026

Ways to relocate to Bahamas

The residency and citizenship routes that lead here, weighed against the tax picture above.

The taxes

Personal income (top)
0%
Corporate income
0%. A 15% Domestic Minimum Top-up Tax applies to MNE groups with EUR 750m+ revenue.
Capital gains
None
VAT
10%
Dividends (WHT)
None
Interest (WHT)
None
Royalties (WHT)
None
Social security (employee)
3.9%
Social security (employer)
5.9%
Wealth tax
None
Inheritance / estate
None
Property tax
Real property tax up to ~1% for owner-occupied homes, rising to up to 2% for commercial property.
Other
A business-licence fee based on turnover, plus VAT and stamp duty on property conveyances.

How the system works

Tax system
No personal income tax
Taxes by citizenship
No
Exit tax
No
CFC rules
No
CRS
Participating

The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.

Frequently asked

What is the income tax rate in Bahamas?

The top marginal personal income tax rate in Bahamas is 0%. No personal income tax.

What is the corporate tax rate in Bahamas?

The headline corporate income tax rate is 0%. A 15% Domestic Minimum Top-up Tax applies to MNE groups with EUR 750m+ revenue..

Does Bahamas tax capital gains?

Capital gains for individuals: None.