Americas · BSD
The Bahamas
Reviewed 2026-06-21
Top income tax
0%
Self-employed SS
Yes
VAT
10%
Capital gains
0%
Exit tax
No
Nomad visa
Yes
81
/ 100
Tax efficiency86
Ease to enter79
Ease to exit93
Cost of living57
Internet19
English100
The Bahamas levies no personal income tax, no capital gains tax, no general corporate income tax, and no wealth or inheritance tax, making it a pure zero-direct-tax jurisdiction funded mainly by a 10% VAT, customs duties, and property and licensing fees. Solopreneurs pay no tax on worldwide income or business profits, though National Insurance contributions are mandatory and a 15% domestic minimum top-up tax applies only to very large multinational groups. Remote workers can use the BEATS permit for up to a year (renewable), while a USD 1 million property or bond investment unlocks economic permanent residence.
Personal income tax
Income tax structureNone
Top income tax rate0%
Entry income tax rate0%
Taxation basisTerritorial
Local/state income taxNo
Social security
Self-employed social securityYes
Employee SS rate4.65%
Employer SS rate6.65%
Indirect & other taxes
VAT standard rate10%
Capital gains rate0%
Long-hold CGT exemptionNo
Wealth taxNo
Inheritance/gift taxNo
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate0%
WHT on dividends0%
CFC rulesNo
Incentives & special regimes
Special expat regimeNo
Immigration & setup
Digital nomad visaYes
Entrepreneur visaYes
Ease of setup3 / 5
Lifestyle
Cost of living index75
Internet speed90 Mbps
English proficiencyHigh
Civil liberties87
Sources
- PwC Worldwide Tax Summaries — The Bahamas Individual: Taxes on personal income
- PwC Worldwide Tax Summaries — The Bahamas Individual: Other taxes (VAT, National Insurance, capital gains)
- PwC Worldwide Tax Summaries — The Bahamas Corporate: Other taxes
- Bahamas Immigration Department — Permanent Residence
- Numbeo — Cost of Living in Nassau / Bahamas
Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.