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
How is this scored?
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

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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.