Bermuda Wealth & Property Tax
Detailed wealth & property tax rates and rules for Bermuda in 2026.
Wealth Tax
Bermuda does not impose a wealth tax. There is no annual tax on net worth or total assets.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Bermuda does not impose inheritance tax, estate tax, or death duties. Assets pass to heirs tax-free. However, stamp duty may apply on the transfer of Bermuda real property inherited by non-Bermudians.
Top Rate
0%
Property Tax
Bermuda levies an annual Land Tax based on the Annual Rental Value (ARV) of property. Rates are progressive: ranging from 0.8% for properties with ARV up to BMD 22,800 to 4.5% for commercial properties. Residential properties are taxed at rates from 0.8% to approximately 3%. There is also a stamp duty on property transfers of up to 8% for non-Bermudian purchasers (4% for Bermudians).
How Bermuda Wealth Tax compares
Bermuda does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
