Bahamas income tax

Bahamas tax calculator

Enter your income to estimate what you would pay in Bahamas, as an employee or running your own company, and see the best-value cities. Get the full breakdown plus a vetted advisor by email.

How much is income tax in Bahamas?

Bahamas does not levy personal income tax on residents. No direct taxes: a resident's worldwide income is not taxed in the Bahamas.

Compiled by MyNomadWorld for Bahamas and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.

Bahamas digital nomad visa

Bahamas Extended Access Travel Stay (BEATS)

• Income requirement: No stated minimum income; proof of foreign employment/self-employment required. Permit fee US$1,000 + US$25 application (US$500/dependent)
• Initial length: 12 months · renewable
• Max stay: 12 months, renewable (commonly up to ~3 years total)
• Tax on nomad income: No personal income tax in The Bahamas
• Family / dependents: Yes

Official source: Bahamas Extended Access Travel Stay (BEATS) · as of 2026

Bahamas expat & digital-nomad tax regime

The No personal income tax regime does not lower the rate here, because Bahamas already taxes personal income at 0%. What it changes is your right to live and work in the country, not your tax bill.

Official source: PwC Bahamas

Capital gains, wealth & property tax

• Capital gains: No capital gains tax.
• Wealth tax: No net wealth tax. Annual real property tax applies to real estate only (owner-occupied first 300,000 BSD exempt).

Inheritance & gift tax in Bahamas

No inheritance, estate or gift tax. Not taxed.

Corporate tax & VAT

The standard corporate profits tax is 0%.

How to become a tax resident of Bahamas

No personal income tax, so no income-based tax residency concept. Fiscal/permanent residency for immigration and treaty purposes is obtained through economic permanent residence (property investment of at least 750,000 BSD, expedited above 1.5M BSD).

Not the same as your home country letting you go, most tax bills come from failing to exit the old residence, not from entering Bahamas.

Banking in Bahamas

You will want a local or multi-currency account for rent, bills and getting paid. See our guide to the best banks in Bahamas.

Bahamas tax treaties

Bahamas maintains around 0 double taxation treaties in force. They generally follow the OECD Model Convention and reduce withholding tax on cross-border dividends, interest and royalties, so the same income is not taxed twice when you move, invest or earn across borders. With very few treaties, cross-border income can still face double taxation, so check the specific route before you move.

Major treaty partners

Approximate size of the DTA network; confirm the specific treaty and its terms before relying on it.