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Trinidad and Tobago
Caribbean
Lucky Nomads World Index
63.52 / 100
Global rank
=127
Corporate tax
30%
Personal tax
30%
Lucky Nomads Proprietary Indices
22 scoring dimensions scored independently using a deterministic methodology built on primary sources and structured analytical inference.
- SafetyShield Index4.5 / 10
- Affordability Index6.5 / 10
- Entry Ease Index6.0 / 10
- Tax Freedom Index5.5 / 10
- WiFi Index7.5 / 10
- Admin Ease Index6.3 / 10
- Healthcare Index7.6 / 10
- City Comfort Index7.8 / 10
- WeatherComfort Index5.9 / 10
- Banking Index6.8 / 10
- GeoStability Index6.8 / 10
- Justice & Order Index6.7 / 10
- Quality of Life Index7.5 / 10
- Open Society Index6.6 / 10
- Flight Index4.1 / 10
- Environmental Quality Index7.4 / 10
- English Index8.8 / 10
- Wealth Protection Index7.5 / 10
- AI Access Index5.6 / 10
- Economic Openness Index5.9 / 10
- Market Depth Index5.1 / 10
- ClimateShield Index6.4 / 10
Country snapshot
- Capital
- Port of Spain
- Population (approx.)
- 1,513,000
- Area (km²)
- 5,130 km²
- Currency code (ISO 4217)
- TTD
- Currency name
- Trinidad and Tobago dollar
- Main airport IATA code
- POS
- Airport name
- Piarco International Airport
General facts
- Minimum monthly cost
- From $1,676/month
- Main languages
- English
- Jurisdiction type
- Country
- Region
- Caribbean
- Web TLD
- .tt
- Phone calling code
- +1-868
Web TLD and phone codes are general references and can differ for territories or special numbering plans.
Tax system
- Marginal CIT (corporate income tax)
- 30%Very highWorldwide
- Marginal PIT (personal income tax)
- 30%HighWorldwide
Corporate taxation basis: Worldwide. The country generally taxes worldwide income of resident companies.
Resident companies taxed on worldwide income with foreign tax credit relief and double tax treaty network. Non-resident companies taxed only on income arising in or derived from Trinidad and Tobago. Branch profits not reinvested in qualifying activities are deemed remitted and subject to withholding tax. No structural participation exemption, no holding regime.
Standard 30% on resident company worldwide income. 35% rate for commercial banks and downstream petroleum (LNG, petrochemicals, gas transmission, petroleum wholesale and distribution). Petroleum Profits Tax of 50% applies to upstream oil and gas (35% deepwater). Business levy of 0.6% on gross revenue and green fund levy of 0.3% apply alongside CIT. A 0.25% commercial asset levy on banks and insurers takes effect 1 January 2026 (Finance Act 2025), with SEZ Act 2022 licensees expressly exempt.
Personal income tax basis. Worldwide. Resident individuals are generally taxable on their worldwide income, subject to relief under applicable tax treaties.
Resident individuals taxed on worldwide income under section 5(1) Income Tax Act Chapter 75:01. Resident non-domiciled individuals fall under section 5(2) remittance basis: foreign-source income (other than employment income from work performed locally) is taxed only on amounts remitted. Capital gains realised abroad by resident aliens are not taxable.
Progressive system with two brackets: 25% on chargeable income up to and 30% above that threshold. Personal allowance of deductible. Capital gains realised within 12 months of acquisition are taxable at ordinary rates, longer holdings exempt. No wealth tax, no inheritance, estate or gift tax. Income tax removed from private pensions effective 1 January 2026.
Tax percentages here are editorial reference figures for comparison, not individualized tax advice.
Special tax regimes
For companies
Special Economic Zones (SEZ) regime
AvailableFree zone regime introduced by the Special Economic Zones Act 2022 (fully proclaimed on 5 July 2024), replacing the former Free Zones regime.
Tourism Development Act regime (TDA)
AvailableThe Tourism Development Act 2000 (Chap.
SME Listed Company on Trinidad and Tobago Stock Exchange
AvailableTax incentive for Small and Medium Enterprises (SMEs) listed on the Trinidad and Tobago Stock Exchange SME Market.
Approved Mortgage Company regime
AvailableThe Approved Mortgage Company regime, governed by section 15 and the Fifth Schedule of the Corporation Tax Act (Chap.
For individuals
Resident Non-Domiciled Remittance Basis
AvailableDefault remittance basis under section 5(2) of the Income Tax Act (Chap.
You either qualify for Trinidad and Tobago's special tax regimes, or you don't. GeoCompass determines your eligibility, highlights the applicable conditions, and helps estimate your potential tax exposure.
Check my eligibilityVisa and mobility
Your access
Visa need and length of stay for Trinidad and Tobago. Saved on your device.
Overview
- Citizenship by investment
Not currently available
- Residence by investment
Not currently available
- Remote work visa (digital nomad visa)
Not currently available
Programmes
Trinidad and Tobago lists several residency and mobility routes across work (employer sponsored), work (self sponsored), family and dependant routes, and student and graduate routes. Lucky Nomads tracks these programmes as editorial reference points. Thresholds, documents, and personal eligibility are evaluated in GeoCompass against your exact profile.
4 programmes listed · 4 are marked available in our editorial review
Work (employer sponsored)
1 programmeEmployer-linked permits and skilled employment passes for hired professionals.
- Available
Work Permit
Work (self sponsored)
1 programmeSelf-sponsored work or freelance routes where you qualify without a local employer.
- Available
CARICOM Skilled National Certificate (CSME Skills Certificate)
Family and dependant routes
1 programmeSpouse, dependant, and family reunion style permits.
- Available
Resident Status by Family (Spouse, Parent or Grandparent of Citizen or Resident)
Student and graduate routes
1 programmeStudy-linked permits and post-study transition routes.
- Available
Student Permit
Not all residency routes are accessible. Some require minimum income, investment thresholds, local substance, or strict eligibility conditions. GeoCompass evaluates which options you can actually secure in Trinidad and Tobago.
Evaluate my residency optionsVisa and programme labels reflect editorial research, not individualized legal advice. Thresholds, documents, and personal eligibility are evaluated in GeoCompass. Always confirm rules with official government sources before you plan a move.
Dimensions breakdown
Strongest dimensions
- English Index8.8 / 10Very strong english index
- City Comfort Index7.8 / 10Comfortable city living environment
- Healthcare Index7.6 / 10Solid healthcare access and quality
Weakest dimensions
- Flight Index4.1 / 10
- SafetyShield Index4.5 / 10
Published ranks by index
One row per leaderboard we publish (the composite index plus each proprietary dimension). A rank appears only when this country is currently in the published top 10 for that list. Open a row to see the full ranking. Hover an index name for the same short definition as elsewhere on the site.
This jurisdiction is not in the published top 10 on any of these lists right now.
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Founder, Lucky Nomads · Wealth manager
Researched from official sources, leading global indices and Lucky Nomads' own scoring.
Free diagnostic
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