Saint Vincent and the Grenadines vs Saint Lucia
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.
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.
๐ฑ๐จ Saint Lucia โ Saint Lucia Tax System
Saint Lucia levies personal income tax at a flat 30% above a generous personal allowance. There is no capital gains tax. The Citizenship by Investment programme (since 2015) provides an alternative path to residency. VAT at 12.5% was introduced in 2012. Tourism and offshore banking are major sectors.
Saint Vincent and the Grenadines vs Saint Lucia: Key Tax Differences (2026)
๐ฐ Income Tax: Saint Vincent and the Grenadines and Saint Lucia have similar top income tax rates (0โ30% vs 0โ30%).
๐ VAT/Sales Tax: Saint Vincent and the Grenadines has a higher consumption tax (15% vs 12.5%).
๐ข Corporate Tax: Corporate rates are similar in both countries (30% vs 30%).