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Taxes

Bahamas — Tax: Income Tax

The Bahamas levies no personal income tax; employees and employers pay National Insurance (NIB) contributions on earnings up to a weekly ceiling.

VerifiedProfessional tax guide — not a government sourcePwC Worldwide Tax Summaries — The Bahamas, individual taxes (reviewed July 2026)Last reviewed: 2026-10-26

Key facts

  • PwC states there is currently no personal income tax in The Bahamas.
  • National Insurance: employers pay 6.65% and employees 4.65% of weekly remuneration up to BSD 830.
  • Self-employed individuals pay 10.3% on earnings up to BSD 830 per week.
  • Real property tax and stamp duty still apply; rates depend on the property and the instrument.

Steps

  1. Registering as a resident — The process for becoming a resident and the associated benefits are unclear.

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