Bermuda tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Bermuda tax profile.
Tier 2 — every figure has an accepted source; some rest on a PwC / Deloitte / KPMG / EY summary (marked †). Sources last checked 11 November 2026. Figures last changed 11 November 2026. Profile last reviewed 27 May 2026.
Scroll across the table to see all tax rates.
| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Bermuda | 0%† | 0%† | 0%† | 0%† | 0%† | 0%† |
† This figure rests on a PwC tax summary, not on the statute itself. The summary is the only source on file for it.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Bermuda?
Bermuda charges no personal income tax on a salary in our model, so the top rate is 0%.
How are capital gains taxed in Bermuda?
Bermuda does not tax a capital gain on shares held as an investment in our model. The rate does not depend on how long you held the asset.
How are dividends and interest taxed in Bermuda?
In our model Bermuda charges no tax on dividends or interest received by a resident individual.
How is crypto taxed in Bermuda?
In our model Bermuda does not tax a private investor's gain on crypto assets.
Does Bermuda tax foreign income?
Generally no. Bermuda charges no personal income tax on a resident's salary in our model, and income from abroad is generally outside the tax, with exceptions.
Does Bermuda have a wealth tax?
No. Bermuda has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Bermuda have an exit tax for individuals?
No. In our model Bermuda does not tax an individual's unrealised gains when the individual moves abroad.
When do you become tax resident in Bermuda?
The Bermuda day test (No personal-income-tax residence day test): no personal income tax; payroll and corporate taxes have separate rules. Immigration residence, a certificate and residence under another country's law or a treaty need separate review. The number of Bermuda days alone does not decide those questions.
Residence decides whether Bermuda taxes you on these rates. See the Bermuda day-count test and count your own days.
Sources
The Bermuda profile cites 4 sources for these rules, 2 of them from a government or a statute.
- 2025/26 employee payroll schedule · official, retrieved 2026-11-11
- 2026/27 employee progressive payroll and optional withholding · official, retrieved 2026-11-11
- PwC Worldwide Tax Summaries — Bermuda individual taxes on personal income · summary, retrieved 2026-11-11
- PwC Worldwide Tax Summaries — Bermuda overview · summary, retrieved 2026-11-11
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Bermuda with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Bermuda side by side with other countries, see every country or try the live demo.
Other countries in Caribbean: Bahamas, Curacao, Dominica, Dominican Republic, Grenada, Haiti.