Relocation intelligence

🇻🇨 Moving to St. Vincent & Grenadines: tax, residency and cost of living

Saint Vincent and the Grenadines levies progressive income tax rising to 32.5%, plus about 5.5% NIS contribution. The effective burden on an income worth roughly EUR 54,000 is around 31%. Corporate tax is 30% and VAT 16%. The currency is the East Caribbean dollar, pegged to the US dollar. The passport is strong for the region, with visa-free access to the UK and the Schengen area, but the archipelago is small and exposed to hurricanes.

Thinking of moving to St. Vincent & Grenadines? Here is the tax, residency, property and quality-of-life picture in plain numbers, with sources.

Key facts

Top income tax
32.5%
Corporate tax
30%
Capital gains
0%
Wealth tax
No
Inheritance tax
No
Cost of living index
48
Safety
3/10
Internet quality
3/10
Visa-free destinations
156
Foreigners can own property
Yes
Residency in
6 months
Citizenship in
5 years

Taxes

Progressive income tax up to 32.5% plus about 5.5% NIS, effectively around 31% at EUR 54,000. Corporate tax 30%, VAT 16%.

Residency and visas

Residence and work are accessible, and the strong passport makes the archipelago attractive for international mobility.

Property ownership

Foreigners can acquire property with a license, and the property market is relatively accessible.

Cost of living and quality of life

Saint Vincent offers a Caribbean climate and a strong passport, but is small, with limited specialist healthcare and exposed to hurricanes.

Passport and mobility

The Saint Vincent passport gives visa-free access to about 156 destinations, including the UK and the Schengen area, strong for the region.

Why people move to St. Vincent & Grenadines

  • Strong passport

    The passport gives visa-free access to about 156 destinations, including the UK and the Schengen area.

  • Dollar-pegged currency

    The East Caribbean dollar is pegged to the US dollar, giving exchange-rate stability.

Honest trade-offs

  • Saint Vincent is klein, met beperkte gespecialiseerde gezondheidszorg en gevoelig voor orkanen.
  • Het toptarief bedraagt 32,5% en de effectieve druk ligt rond de 31% inclusief NIS-premie bij een westers inkomen.
  • Buitenlanders hebben voor vastgoedaankopen een vergunning nodig.

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Sources

Other destinations