Saint Lucia vs Seychelles
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π±π¨ Saint Lucia β 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.
πΈπ¨ Seychelles β Seychelles Tax System
Seychelles has a progressive income tax up to 15% β very low by global standards. No capital gains tax. The country is an established offshore financial centre (International Business Companies, trusts). Tourism dominates the formal economy. Business Tax (corporate tax) is 25% on the first SCR 1M, 33% above. The Seychelles Revenue Commission administers tax. EU blacklisted briefly in 2019 for harmful tax practices.
Saint Lucia vs Seychelles: Key Tax Differences (2026)
π° Income Tax: π±π¨ Saint Lucia has a higher top income tax rate (0β30% vs 0β15%). πΈπ¨ Seychelles is more favourable for high earners.
π VAT/Sales Tax: Seychelles has a higher consumption tax (12.5% vs 15%).
π’ Corporate Tax: π±π¨ Saint Lucia offers a lower corporate rate (30% vs 33%), which can influence business location decisions.