🇱🇨 Taxes · Saint Lucia
Taxes in Saint Lucia
A progressive income tax, a flat VAT rate and low property tax.
Saint Lucia has a progressive income tax scale, a flat corporate income tax rate and low property tax.
Tax rates
Tax residents of the country who are domiciled there pay income tax on their worldwide income. Residents without domicile pay tax on income from local sources and on foreign income when it is remitted to Saint Lucia. Non-residents pay tax only on income from sources in the country.
Income tax - progressive scale
- Income up to 15,000 XCD - 15%.
- Income from 15,000 to 30,000 XCD - 20%.
- Income above 30,000 XCD - 30%.
Other rates
- Corporate income tax - 30%. Resident companies pay it on income earned in Saint Lucia, non-residents on income from local sources.
- VAT - 12.5%.
- Social contributions - 5% for employees.
- Residential property tax - 0.25% of market value, commercial property - 0.4%.
The exact tax burden depends on your residence status. We will go through your situation in a free consultation.
Features of the Saint Lucia tax system
Progressive personal income tax
The rate rises with income: from 15% to 30%.
Low property tax
0.25% of market value for residential and 0.4% for commercial property.
Moderate VAT
The VAT rate is 12.5%.
FAQ
What is the personal income tax rate in Saint Lucia?
What is the corporate income tax rate?
What is the VAT rate?
Is property taxed?
Don’t want to figure this out alone?
We handle the whole process end to end: we check your documents, match a program to your situation and give you honest timelines and costs. Leave your details and a migration expert will get back to you. The first consultation is free.