Bahamas
0% income tax · 0% capital gains · 0% inheritance · VAT 12% · Real property tax up to 2.5%
Bahamas Tax Facts
— 2026Quick Country Comparison
— at $100,000| Country | Take-home | Eff. Rate | vs Bahamas |
|---|---|---|---|
 Bahamas | $98,017 | ~2.0% | — |
 Cayman Islands | $95,000 | 5% | −$3,017 |
 Panama | $98,000 | ~2% | −$17 |
 USA | $78,500 | ~21.5% | −$19,517 |
Bahamas: 0% income tax — illustrated take-home deducts only employee National Insurance (NIB) of about $1,983 (4.65%, capped; rate and ceilings per secondary sources), with 12% VAT on consumption only. Cayman Islands: 0% income tax, with the 5% employee pension (about $5,000) deducted. The Panama estimate uses an equivalent territorial 0% regime. US figure uses federal income tax + FICA only (no state). Illustrative — not tax advice.
Want your exact figures? Use the full Bahamas calculator →Comparison Guides
See how the Bahamas compares to other Caribbean and zero-tax jurisdictions.
Salary Guides
With 0% income tax, take-home pay in the Bahamas equals gross salary less employee National Insurance (NIB, 4.65% on earnings up to a monthly ceiling). Use the calculator for consumption tax context.
Moving from Bahamas
The Bahamas offers a Harrowing Annual Residence Permit and Permanent Residency by investment ($750,000+ property). No income tax, no capital gains, and close proximity to the US East Coast make it popular for high-net-worth individuals.
Last Updated: October 2026 · Daniel · CountryTaxCalc