15 Tax Friendly Countries to Live in the World 2022

Tax is a key source of revenue for most of the countries around the globe. However, there are a few countries and territories that levy none or less taxes on there residents. Instead, they have other sources of revenue to fund their government such as Banking, tourism, oil production, mining etc. Many people look up to these countries to establish residency and live tax-free. Before we start with the list of countries, it’s important to note that some of these countries might have corporate income tax and Value-added tax, but overall most of them don't levy personal income tax, capital gains tax, real estate tax or payroll taxes. Additionally, some of these tax havens share little or none of their investors' financial information with other Countries.
So, here are 15 Countries to Live in Without Paying Tax.
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[@GeographyNuts]

There are no tax free county, British Virgin Island has 8% payroll deduction for employees, 2% - 6% for employer. stamp duty 4 - 12%, it is pretty much as estate tax. Property tax is called house tax and Customs duties are high. Similar situation for other Caribbean countries as well. Agree it is lower than some country. Even in Bahrain employees have to pay 19% social security, in my view it is a form of tax.

[@molezinger5780]

But still some of these places are very good options for those of us who want to avoid taxes.

[@reynportillano6312]

No sound ?

[@user-uk8kc2gr6e]

👍 .

[@coachab100]

I don’t think Monaco is tax free for Americans or the French!

[@oshada9945]

Monaco is a tax free country for any person who live there

[@coachab100]

@@oshada9945 don’t think so

[@coachab100]

@@oshada9945 Yes, if you are an American living abroad as a US citizen, you must file a US federal tax return and pay US taxes on your worldwide income no matter where you live at that time

[@oshada9945]

@@coachab100 What if us citizen has monaco permanent residence 🤔🤔

[@coachab100]

@@oshada9945 they are USA citizens! How many American athletes or movie stars live in Monaco? NONE but most pro tennis players and Formula One drivers from rest of world live there! Sorry Americans don’t get the free tax breaks even if they have a home or yacht there. But I don’t know any that live there and I have been there 25 times or so