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
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%No personal income tax.
- 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
A special regime for new arrivals
A tax residency certificate requires 90+ days in The Bahamas and no more than 183 days in any other single country.
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.