Cape Verde vs Saint Vincent and the Grenadines
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.
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.
Cape Verde vs Saint Vincent and the Grenadines: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ป๐จ Saint Vincent and the Grenadines has a higher top income tax rate (0โ27.5% vs 0โ30%). ๐จ๐ป Cape Verde is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
๐ข Corporate Tax: ๐จ๐ป Cape Verde offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ป๐จ Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 25%), benefiting investors.