San Marino tax
2 special regimes for new residents: 7% on net foreign-source income and 6% substitute tax on pension income.
Checked against official sources on Change log
Special regimes for new residents
Special regime
Atypical residence tax regime: 7% on net foreign-source income
7% tax
Details
- On: Net foreign-source income (net of tax paid in the country where it is produced)
- Who: Person who has never been tax resident in San Marino
- Limit: €10k/yr ≈ $11k
Holders of atypical residence pay a 7% substitute tax on foreign-source income after tax paid abroad, at least EUR 10,000 (≈ $11,200) and at most EUR 100,000 (≈ $112,000) a year, instead of general income tax on that income; the minimum is due every year even if a tax treaty leaves the income untaxed in San Marino. 4 5 6 3
Taxed on
Net foreign-source income (net of tax paid in the country where it is produced).
Who it applies to
- Person who has never been tax resident in San Marino, or had not consolidated registered residence when the article took effect.
- Person produces income abroad: capital, land, buildings, employment, pension, self-employment, business or other income.
- Person holds atypical residence granted under Art. 16-ter of Law 118/2010.
- From tax year 2026 the regime also applies to family members whose residence is extended, except children who are fiscally dependent; those children join the regime from the year after they stop being dependants.
Exclusions
- The regime lapses on late or partial payment of the substitute tax and cannot be requested again.
- The tax is not deductible from other taxes or contributions.
- The principal applicant does not receive the family-dependant tax credits of Article 16(1) of Law 166/2013.
Limits
- EUR 10,000 a year (≈ $11,200) · Minimum substitute tax for each tax year of the residence, due even when foreign-source income is not taxable in San Marino under a tax treaty (from tax year 2026)
- EUR 100,000 a year (≈ $112,000) · Maximum substitute tax for each tax year of the residence
Tax residence
The facilitated regime can be revoked and in any case ends 15 years after the first tax year; the residence itself consolidates after 10 years.
Visas
Applies only to holders of the atypical residence under the facilitated tax regime.
Other taxes
The substitute tax is paid in one sum by the date of the general income tax balance payment.
Checked against official sources on Change log
Special regime
Pensioner atypical residence: 6% substitute tax on pension income
6% tax
Details
- On: Pension income received from abroad
- Limit: €120k/yr ≈ $134k
Pensioners with atypical residence pay a 6% substitute tax on foreign pension income, or 3% for former officials of international organisations with income of at least EUR 100,000 (≈ $112,000). 5 7 8 9 6 3
Taxed on
Pension income received from abroad.
Who it applies to
- Pensioner from an EU country, Switzerland or a country listed by Congress of State regulation.
- Gross income of at least EUR 120,000 (≈ $134,000) a year and movable assets of at least EUR 300,000 (≈ $335,000) held in the San Marino banking system for the whole residence (Law 64/2025).
- The 6% rate applies whether or not a double taxation treaty exists or the home country withholds tax at source.
Exclusions
- The regime lapses on late or partial payment of the substitute tax and cannot be requested again.
- The tax is not deductible from other taxes or contributions.
Limits
- EUR 120,000 a year (≈ $134,000) · Minimum gross annual income for admission (required together with the movable assets below)
- EUR 300,000 (≈ $335,000) · Minimum movable assets held in San Marino banks for admission (required together with the income above)
- EUR 100,000 a year (≈ $112,000) · Minimum income for former officials of international organisations to receive the 3% rate
Tax residence
The facilitated regime is granted for 10 consecutive years and is renewable.
Visas
Applies only to holders of the atypical residence for pensioners (Art. 16-quater).
Other taxes
The substitute tax is paid in one sum by the date of the general income tax balance payment.
Checked against official sources on Change log
Which visas the regimes apply to
- 7% on net foreign-source income: Atypical residence. Applies only to holders of the atypical residence under the facilitated tax regime.
- 6% substitute tax on pension income: Pensioner residence. Applies only to holders of the atypical residence for pensioners (Art. 16-quater).
Standard rules and foreign-source income
Standard rules
General income tax (IGR): progressive rates of 9% to 35% on worldwide income of residents
Progressive rates
Details
- On: Total income of the tax period, from any source, of persons resident in the State
- Limit: €10k/yr ≈ $11k
Tax residents are taxed on all income wherever produced under the general income tax (IGR) at progressive rates of 9% to 35% (Annex C of Law 166/2013); from tax year 2026 the EUR 9,000 (≈ $10,100) income deduction and the EUR 100 (≈ $110) tax credit no longer apply and a credit for SMaC card spending in San Marino applies instead. Non-residents are taxed only on income produced in San Marino. 1 2 3
Taxed on
Total income of the tax period, from any source, of persons resident in the State; non-residents on San Marino-source income only. Compulsory social-security contributions of employees are fully deductible from employment income.
Who it applies to
- Natural persons resident for the majority of the tax period, by registered residence or by actually living in the territory, are taxed on worldwide income.
- Rates by taxable income: 9% up to EUR 10,000 (≈ $11,200); 13% from EUR 10,000.01 (≈ $11,200) to EUR 18,000 (≈ $20,100); 17% to EUR 28,000 (≈ $31,300); 21% to EUR 38,000 (≈ $42,500); 25% to EUR 50,000 (≈ $55,900); 28% to EUR 65,000 (≈ $72,600); 31% to EUR 80,000 (≈ $89,400); 35% above EUR 80,000 (≈ $89,400).
- From tax year 2026 (Law 141/2025) the EUR 9,000 (≈ $10,100) deduction from employment, pension and similar income (Annex C, Article C1(3)) and the EUR 100 (≈ $110) tax credit for taxable income up to EUR 15,000 (≈ $16,800) (Article 16(9)) are repealed.
- SMaC card credit (Article 16(8 bis) and Annex E): a tax credit for spending with the SMaC card in San Marino; up to EUR 752.40 (≈ $840) without documenting spending for taxable income up to EUR 8,360, (≈ $9,340) tapering to nil at EUR 16,720 (≈ $18,700) and replaced by a documented credit that reaches EUR 1,900 (≈ $2,120) for taxable income of EUR 42,500 (≈ $47,500) or more, on spending of up to EUR 10,000 (≈ $11,200).
- Family credits against the tax: EUR 250 (≈ $280) for a dependent spouse and for each dependent child; EUR 125 (≈ $140) for dependent parents and parents-in-law, other cohabiting dependent relatives and relatives entitled to maintenance.
- Other credits for residents: 18% of dental, orthodontic and prosthetic costs up to EUR 1,600 (≈ $1,790) per person, and 15% of half of the rent on the main home up to EUR 6,000 (≈ $6,700) (80% of the rent if the tenant is under 35).
Exclusions
- Non-residents are liable only on income produced in San Marino.
- Facilitated substitute taxes apply instead to holders of atypical residence for the income they cover.
Limits
- EUR 10,000 a year (≈ $11,200) · Upper limit of the 9% band
- EUR 18,000 a year (≈ $20,100) · Upper limit of the 13% band
- EUR 28,000 a year (≈ $31,300) · Upper limit of the 17% band
- EUR 38,000 a year (≈ $42,500) · Upper limit of the 21% band
- EUR 50,000 a year (≈ $55,900) · Upper limit of the 25% band
- EUR 65,000 a year (≈ $72,600) · Upper limit of the 28% band
- EUR 80,000 a year (≈ $89,400) · Upper limit of the 31% band; 35% applies above
- EUR 752.4 a year (≈ $840) · Maximum SMaC card credit without documented spending, for taxable income up to EUR 8,360 (≈ $9,340)
- EUR 1,900 a year (≈ $2,120) · Maximum SMaC card credit, for taxable income of EUR 42,500 (≈ $47,500) or more
Tax residence
A person is resident if registered residence in the State or actual residence there lasts for the majority of the tax period.
Visas
Residence permits and tax residence are separate; the atypical residences carry their own substitute taxes.
Other taxes
Annex C income brackets are adjusted automatically every two years for cost of living, with the first adjustment in tax year 2028; VAT and social contributions are separate.
Checked against official sources on Change log
VAT, social security and other taxes
- Annex C income brackets are adjusted automatically every two years for cost of living, with the first adjustment in tax year 2028; VAT and social contributions are separate.
- The substitute tax is paid in one sum by the date of the general income tax balance payment.
Questions people ask
Who qualifies for 7% on net foreign-source income?
Person who has never been tax resident in San Marino, or had not consolidated registered residence when the article took effect. Applies only to holders of the atypical residence under the facilitated tax regime.
Who qualifies for 6% substitute tax on pension income?
Pensioner from an EU country, Switzerland or a country listed by Congress of State regulation. Applies only to holders of the atypical residence for pensioners (Art.
Is there a tax break for Atypical residence holders in San Marino?
Atypical residence tax regime: 7% on net foreign-source income: Holders of atypical residence pay a 7% substitute tax on foreign-source income after tax paid abroad, at least EUR 10,000 (≈ $11,200) and at most EUR 100,000 (≈ $112,000) a year, instead of general income tax on that income; the minimum is due every year even if a tax treaty leaves the income untaxed in San Marino. It's separate from the visa and has its own conditions.
Is there a tax break for Pensioner residence holders in San Marino?
Pensioner atypical residence: 6% substitute tax on pension income: Pensioners with atypical residence pay a 6% substitute tax on foreign pension income, or 3% for former officials of international organisations with income of at least EUR 100,000 (≈ $112,000). It's separate from the visa and has its own conditions.
≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.
Sources (9)
Official sources
- Law 166/2013 General Income Tax, coordinated text updated to 22 December 2025 · Consiglio Grande e Generale of San Marino · checked 2026-10-11
- Law 141 of 12 November 2025 amending the general income tax law · Great and General Council of San Marino · checked 2026-10-11
- Collection of main circulars on the general income tax (IGR) · Tax Office, Finance and Budget Department, Republic of San Marino · checked 2026-10-11
- Delegated Decree 150 of 5 October 2026 (ratification of Delegated Decree 115/2026): atypical-residence tax and residence for economic reasons · Consiglio Grande e Generale of San Marino · checked 2026-10-11
- Law 118/2010 on entry and stay of foreigners, coordinated text updated to 3 June 2025 · Consiglio Grande e Generale of San Marino · checked 2026-10-11
- Law 223 of 23 December 2020, Articles 69 and 70 (atypical residence regimes) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
- Law 64 of 28 April 2025, Article 2 (amendment of Article 16-quater of Law 118/2010) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
- Delegated Decree 77 of 22 May 2025 (ratification of Delegated Decree 26/2025) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
- Vademecum for the application for atypical residence for pensioners (27 May 2025) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11