Caribbean & Atlantic
British Virgin Islands: tax at a glance
No income, corporate, capital gains, wealth or inheritance tax. The main direct levy is a payroll tax of 10–14%, alongside stamp duty on property.
No personal income tax
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Ways to relocate to British Virgin Islands
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 0%The income tax rate is set at zero. A payroll tax applies instead.
- Corporate income
- 0%
- Capital gains
- None
- VAT
- None
- Dividends (WHT)
- None
- Interest (WHT)
- None
- Royalties (WHT)
- None
- Social security (employee)
- An 8% payroll tax plus roughly 4% social security, charged on pay above US$10k.
- Social security (employer)
- A payroll tax of 2%–6% plus roughly 4.5% social security.
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- A nominal annual land tax applies, alongside stamp duty on transfers of 4% for Belongers and 12% for non-Belongers.
- Other
- Payroll tax of 10% under Class 1 or 14% under Class 2, plus customs duties and a 10% hotel tax.
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.
Sources (2)
Secondary references