8 Tax-Free

Countries Revealed

#1

United Arab Emirates (UAE)

No personal income taxes on individuals.

#2

Bahamas

No personal income tax, capital gains tax, or inheritance tax. The country relies on VAT and other indirect taxes for revenue.

#3

Bermuda

No personal income tax, with the government primarily generating revenue through employer payroll taxes, import duties, and fees.

#4

Monaco

Residents are not subject to income tax, although French citizens must still pay French taxes.

#5

Cayman Islands

No personal income tax, corporate tax, or capital gains tax. The government funds itself through customs duties and work permit fees.

#6

Brunei

No personal income tax, with the country’s wealth primarily coming from its oil and gas exports. The government imposes indirect taxes and fees instead.

#7

Nauru

No personal income tax or capital gains tax. The government primarily relies on revenues from phosphate mining, fishing licenses.

#8

Bahrain

No personal income tax, wealth tax, or capital gains tax. The country funds itself mainly through its oil and gas revenues, along with a VAT and other indirect taxes.

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