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
Last verified July 2026
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%
- 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 (1)
Frequently asked
What is the income tax rate in British Virgin Islands?
The top marginal personal income tax rate in British Virgin Islands is 0%. The income tax rate is set at zero. A payroll tax applies instead.
What is the corporate tax rate in British Virgin Islands?
The headline corporate income tax rate is 0%.
Does British Virgin Islands tax capital gains?
Capital gains for individuals: None.