Saint Vincent and the Grenadines vs Sweden
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.
πΈπͺ Sweden β Municipal Income Tax
Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.
Saint Vincent and the Grenadines vs Sweden: Key Tax Differences (2026)
π° Income Tax: πΈπͺ Sweden has a higher top income tax rate (0β30% vs 32β52%). π»π¨ Saint Vincent and the Grenadines is more favourable for high earners.
π VAT/Sales Tax: Sweden has a higher consumption tax (15% vs 6β25%).
π’ Corporate Tax: πΈπͺ Sweden offers a lower corporate rate (20.6% 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 30%), benefiting investors.