Saint Vincent and the Grenadines vs Mauritius
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ป๐จ Saint Vincent and the Grenadines โ SVG Tax System
Saint Vincent and the Grenadines taxes individual income at progressive rates up to 30%. No capital gains tax. VAT of 15% was introduced in 2007. The country is developing its offshore financial sector and Citizenship by Investment programme. Banana exports and tourism are key economic pillars.
๐ฒ๐บ Mauritius โ Mauritius Tax System
Mauritius is one of Africa's premier financial centres with a flat 15% income tax rate. No capital gains tax. The country has a vast tax treaty network (50+ DTAs) and is a major conduit for investment into Africa and India. A Global Business Licence (GBL) allows companies to access preferential treaty rates. Financial services, tourism, and textiles are the main sectors. The country is on FATF grey-lists periodically for AML concerns.
Saint Vincent and the Grenadines vs Mauritius: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ป๐จ Saint Vincent and the Grenadines has a higher top income tax rate (0โ30% vs 0โ15%). ๐ฒ๐บ Mauritius is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
๐ข Corporate Tax: ๐ฒ๐บ Mauritius offers a lower corporate rate (15% vs 30%), which can influence business location decisions.