Cape Verde vs Saint Lucia
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.
๐จ๐ป Cape Verde โ Cape Verde Tax System
Cape Verde (Cabo Verde) has a progressive income tax system up to 27.5%. IVA (VAT) is 15%. As a small island developing state with few natural resources, the economy depends on tourism and remittances. The country has a relatively good governance record for West Africa and is pursuing double taxation agreements. A 10% withholding tax applies to dividends and interest.
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.
Cape Verde vs Saint Lucia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฑ๐จ Saint Lucia has a higher top income tax rate (0โ27.5% vs 0โ30%). ๐จ๐ป Cape Verde is more favourable for high earners.
๐ VAT/Sales Tax: Cape Verde has a higher consumption tax (15% vs 12.5%).
๐ข Corporate Tax: ๐จ๐ป Cape Verde offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ฑ๐จ Saint Lucia taxes investment gains at a lower rate (0% vs 25%), benefiting investors.