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Montserrat: Taxes and Costs

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Last Updated: Jul 25, 2006

Montserrat's rental income tax is low

Income Tax

Nonresidents earning rental income in Montserrat is taxed at a flat rate of 10%.

All transactions are conducted in US dollars. There are no currency restrictions.

Property Tax

Property taxes are levied on the annual market value of the land as determined by the valuation officer (tax authorities). For residential properties, these taxes are levied at 1.65% land tax on market value of land and 0.3% house tax on the market value of the building structure.

There is no capital gains tax imposed in Montserrat.

 

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