Saint Vincent and the Grenadines vs Cape Verde
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 Vincent and the Grenadines β 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.
π¨π» Cape Verde β 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.
Saint Vincent and the Grenadines vs Cape Verde: Key Tax Differences (2026)
π° Income Tax: π»π¨ Saint Vincent and the Grenadines has a higher top income tax rate (0β30% vs 0β27.5%). π¨π» Cape Verde is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
π’ Corporate Tax: π¨π» Cape Verde offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
π Capital Gains: π»π¨ Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 25%), benefiting investors.