Americas · TTD
Trinidad and Tobago
Reviewed 2026-06-21
Top income tax
30%
Self-employed SS
No
VAT
12.5%
Capital gains
30%
Exit tax
No
Nomad visa
No
57
/ 100
Tax efficiency45
Ease to enter42
Ease to exit93
Cost of living82
Internet15
English100
Trinidad and Tobago taxes residents on worldwide income under a two-band progressive system of 25% and 30%, with a TTD 90,000 personal allowance and no state or local income tax. It is friendly to capital owners since there is no wealth, inheritance, or gift tax, no exit tax, and gains on assets held longer than 12 months escape capital gains tax entirely. There is no digital nomad visa and the self-employed fall outside mandatory national insurance, so foreign solopreneurs generally rely on work permits and face a worldwide tax base once resident.
Personal income tax
Income tax structureProgressive
Top income tax rate30%
Entry income tax rate25%
Top rate threshold$147,500
Taxation basisWorldwide
Local/state income taxNo
Social security
Self-employed social securityNo
Employee SS rate5.4%
Employer SS rate10.8%
Indirect & other taxes
VAT standard rate12.5%
Capital gains rate30%
Long-hold CGT exemptionYes
Wealth taxNo
Inheritance/gift taxNo
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate30%
WHT on dividends10%
CFC rulesNo
Incentives & special regimes
Special expat regimeNo
Immigration & setup
Digital nomad visaNo
Entrepreneur visaNo
Ease of setup2 / 5
Lifestyle
Cost of living index43
Internet speed75 Mbps
English proficiencyHigh
Civil liberties82
Sources
- PwC Worldwide Tax Summaries — Trinidad and Tobago Individual: Taxes on personal income
- PwC Worldwide Tax Summaries — Trinidad and Tobago Individual: Other taxes (NIS, VAT)
- PwC Worldwide Tax Summaries — Trinidad and Tobago Individual: Income determination (capital gains)
- PwC Worldwide Tax Summaries — Trinidad and Tobago Corporate: Taxes on corporate income
- NIBTT — National Insurance Contributions, Registration
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.