Bahamas vs Greece
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐ธ Bahamas โ Local Government Rates & Fees
The Bahamas' islands have local government bodies collecting fees for services, building permits, and business licences. The Bahamas famously has no income tax, no capital gains tax, no corporate income tax, and no withholding tax โ making it one of the world's purest zero-tax jurisdictions. Revenue comes through VAT (introduced 2015), real property tax, customs duties, and stamp duty. As a major offshore financial centre and tourism destination, the Bahamas has faced OECD/FATF pressure on transparency and has made significant reforms.
๐ฌ๐ท Greece โ Municipal & Regional Taxes
Greece's 13 regions (perifereies) and 325 municipalities (dimoi) do not set income tax independently. However, municipalities levy ENFIA supplements (property tax top-ups) and local business fees. The ENFIA (Single Property Tax) is nationally set but has municipal supplement components. EETA (special property levy) applies to certain properties. Greece's tax system has been substantially reformed since the 2010 bailout, with major improvements to compliance and electronic filing requirements.
Bahamas vs Greece: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ท Greece has a higher top income tax rate (0% vs 0โ44%). ๐ง๐ธ Bahamas is more favourable for high earners.
๐ VAT/Sales Tax: Greece has a higher consumption tax (10% vs 6โ24%).
๐ข Corporate Tax: ๐ง๐ธ Bahamas offers a lower corporate rate (0% vs 22%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ธ Bahamas taxes investment gains at a lower rate (0% vs 15%), benefiting investors.