Bermuda Tax Guide
In 2026, there is no personal income tax in Bermuda and there is no corporate tax. Checked against official guidance on 24 October 2026. There is also a special tax regime that can lower the bill for people who qualify.
- Personal income
- 0%No personal income tax · 12.5% (top employee payroll tax band, remuneration of BMD 500,001 to 1,000,000 in 2026/27; bands 0.25%, 7.75%, 10.75% and 11.5% below; nothing above BMD 1,000,000)
- Corporate
- 0%No corporate income tax for ordinary companies · 15% (corporate income tax from 1 January 2025 for groups with revenue of EUR 750 million or more)
- Special regime
- Yes
At a glance
| Personal income tax (top rate) | 0%No personal income tax · 12.5% (top employee payroll tax band, remuneration of BMD 500,001 to 1,000,000 in 2026/27; bands 0.25%, 7.75%, 10.75% and 11.5% below; nothing above BMD 1,000,000) |
|---|---|
| Corporate tax | 0%No corporate income tax for ordinary companies · 15% (corporate income tax from 1 January 2025 for groups with revenue of EUR 750 million or more) |
| Capital gains | Unlock with Signal |
| Crypto tax | Unlock with Signal |
| Dividend tax | Unlock with Signal |
| Rental income tax | Unlock with Signal |
| Residency threshold (days) | Unlock with Signal |
| Special tax regime | Yes |
Source: official guidance· last verified 24 Oct 2026
Informational only. Not tax or financial advice. Verify with a qualified professional before you act.
Bermuda residency rule
Bermuda residency is determined by a combination of physical presence and personal ties: day count, habitual abode, centre of vital interests, and treaty tie-breakers. Heed tracks the full rule and counts the days for you.
Signal ($99 a year) unlocks the full residency rule.
Unlock with SignalRecent changes in Bermuda
Regulatory stabilityStable1 rule change in 24 months, rules have held steady. See how Bermuda ranks.
Move, incorporate, and bank in Bermuda
Bermuda on Heed isn't just a tax profile. It's a full mobility surface, residency programmes, company structures, and banking options, all sourced and cross-linked.
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Company structures
AllWhat Heed tracks in Bermuda
Legislative changes
Every published amendment, draft, and consultation touching Bermuda tax law.
Residency thresholds
Day counts against Bermuda residency rules, with proactive warnings.
Treaty & regime updates
Double-tax treaties, special regimes, and bilateral agreements involving Bermuda.
Bermuda tax, common questions
Is Bermuda a tax haven?
Bermuda operates a special tax regime that offers meaningful advantages versus standard residency. Whether it qualifies as a tax haven depends on your income mix and structure. Heed tracks the regime conditions and flags changes in real time.
What is the income tax rate in Bermuda?
The top personal income tax rate in Bermuda is 0% (no personal income tax) · 12.5% (top employee payroll tax band, remuneration of BMD 500,001 to 1,000,000 in 2026/27; bands 0.25%, 7.75%, 10.75% and 11.5% below; nothing above BMD 1,000,000). Effective rates vary by income level, residency status, and applicable regime. Heed maintains the live rate alongside the legislative changes that move it.
Does Bermuda tax cryptocurrency?
Crypto taxation in Bermuda varies by holding period, activity type, and residency. Heed maintains the current rate and surfaces changes the day they are announced. The headline rate is available inside the Heed dashboard on Pro and above.
How long do I need to stay in Bermuda to become tax resident?
Tax residency in Bermuda is determined by a combination of physical presence and personal ties: day count, habitual abode, centre of vital interests, and treaty tie-breakers. Heed counts the days for you and warns before you cross. The full residency rule, including the day threshold and rolling window, is available on Pro and above.
Does Bermuda have a digital nomad visa or special regime?
Bermuda offers a special tax regime that nomads and expats use to optimise their position. Eligibility and benefits change. Heed flags amendments and treaty updates the day they happen.
How does Bermuda compare with other Americas jurisdictions?
Heed ranks Bermuda alongside every other jurisdiction in Americas on personal income tax, capital gains, crypto, residency thresholds, and treaty network. See the full live comparison inside the Tax Rankings tool.
Compare Bermuda with...
Where Bermuda stands: the lowest tax countries and the highest, and the countries with no income tax.
How Heed tracks Bermuda
Bermuda surfaces across three Heed tools: every legislative change matched to your profile, every threshold counted, every rate compared.
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