Belize vs El Salvador
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.
๐ง๐ฟ Belize โ Municipal & Town Council Taxes
Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system โ a turnover-based tax (1.75%โ19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.
๐ธ๐ป El Salvador โ Municipal Taxes
El Salvador's 262 municipalities levy local taxes including the impuesto municipal de activo empresarial (business assets tax at 0.1%โ1% of net assets), commercial licence fees, and property registration fees. San Salvador municipality has the highest rates. The Ministry of Finance (MH) administers national taxes. El Salvador adopted Bitcoin as legal tender in 2021 (alongside USD), creating unique crypto tax considerations, though the Bitcoin Law was modified in 2025. The country has attracted significant nearshoring and blockchain sector investment.
Belize vs El Salvador: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ป El Salvador has a higher top income tax rate (0โ25% vs 0โ30%). ๐ง๐ฟ Belize is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (12.5% vs 13%).
๐ข Corporate Tax: ๐ง๐ฟ Belize offers a lower corporate rate (19% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ฟ Belize taxes investment gains at a lower rate (0% vs 10%), benefiting investors.