Antigua and Barbuda: Taxes and Costs

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Antigua and Barbuda: rental income tax is high

INDIVIDUAL TAXATION

INCOME TAX

Withholding taxes on rental income of nonresident individuals is levied at a 20% flat rate. The taxable income is the gross income.

CAPITAL GAINS TAX

Capital gains are not subject to taxation in Antigua.

Land Value Appreciation Tax

Nonresident individuals transferring property ownership in Antigua are subject to the land value appreciation tax levied at the rate of 5%. The tax base is the property’s selling price or market value less acquisition costs and improvement costs throughout the property’s holding period.

PROPERTY TAXES

Property Tax

Property tax is payable annually on the property’s construction value (value of the building or structure) at 14% for residential units owned by non-residents. However, properties located in the north and central divisions of the district of St. John city are taxed at a lower rate of 5%.

Land Tax

Land tax is levied at Antigua and Barbuda, depending on the type and size of the property. Residential properties up to 5 acres pay a land tax of ECD50 (US$19) per acre.

However, for land in the city of St. John, land tax is imposed at ECD50 (US$19) per square feet (sq. ft.).

Antigua and Barbuda - more data and information

• Guide to buying houses and registering property sales in Antigua & Barbuda

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