9 Tax Free Countries in the World

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There are several countries around the world that offer tax-free living for residents, or at least a minimal tax burden, here are nine of the most popular.

1

United Arab Emirates

The most populous city in the UAE, is a popular destination for expats, thanks to its tax-free status for income tax.

2

Bahamas

The Bahamas is a popular tax haven for the wealthy, with no income tax, capital gains tax, inheritance tax, or wealth tax.

3

Cayman Islands

It is a British Overseas Territory located in the Caribbean Sea, also a well-known tax haven, with no income tax, capital gains tax, or inheritance tax.

4

Bermuda

It is a British Overseas Territory located in the North Atlantic Ocean. It is another popular tax haven, with no income tax, capital gains tax.

5

Monaco

It is a small sovereign state located on the French Riviera. It is a popular destination for the wealthy, thanks to its tax-free status for income tax.

6

Qatar

Qatar is a small country on the northeastern coast of the Arabian Peninsula, it is a tax haven for residents, with no income tax.

7

Bahrain

It is a small island country located in the Persian Gulf, it is a tax haven for residents, with no income tax  on income earned in Bahrain.

8

Vanuatu

It is a South Pacific island nation, and it is a popular destination for retirees, thanks to its tax-free status for income tax, and capital gains tax.

9

Brunei

It is a small country located on the north coast of Borneo, it is a tax haven for residents, with no income tax for citizens.