Destinations
Ranked, with the reason why
The verdict is editorial, not a formula on headline rates: Italy's 43% top rate hides one of Europe's best regimes for wealthy newcomers. Each verdict says why.
Prime
Zero or near-zero personal tax, with a residence route a real person can get.
| Jurisdiction | Income | Gains | Inheritance | Corporate | Why |
|---|---|---|---|---|---|
| Bahrain Middle East | 0% | 0% | 0% | 0% | No personal income tax and one of the Gulf's easiest, cheapest residence routes. |
| Cayman Islands Caribbean | 0% | 0% | 0% | 0% | No income, capital gains, inheritance or corporate tax; permanent residence for persons of independent means. |
| Monaco Europe | 0% | 0% | 0% | 25% | No personal income tax for non-French residents and no wealth tax, in the heart of Europe. |
| Qatar Middle East | 0% | 0% | 0% | 10% | No personal income tax; residence through property from about USD 200,000. |
| The Bahamas Caribbean | 0% | 0% | 0% | 0% | No income, capital gains or inheritance tax; permanent residence by investment. |
| Turks and Caicos Islands Caribbean | 0% | 0% | 0% | 0% | No income, capital gains or inheritance tax, and residence through investment. |
| United Arab Emirates Middle East | 0% | 0% | 0% | 9% | No personal income, capital gains or inheritance tax, a treaty with the UK and a golden visa within reach. |
| Bermuda Americas | 12.5% | 0% | 0% | 0% | No personal income or capital gains tax; residence through the Economic Investment Certificate. |
Strong
A low flat rate, territorial tax or a named regime for wealthy newcomers.
| Jurisdiction | Income | Gains | Inheritance | Corporate | Why |
|---|---|---|---|---|---|
| Andorra Europe | 10% | 10% | 0% | 10% | Income tax capped at 10%, no inheritance tax, passive residence for investors. |
| Bulgaria Europe | 10% | 10% | 0% | 10% | A flat 10% on income and corporate profits inside the EU. |
| Paraguay Americas | 10% | 8% | 0% | 10% | Mostly territorial with a 10% top rate, and one of the cheapest residence routes anywhere. |
| Montenegro Europe | 15% | 15% | 0% | 15% | Low flat personal and corporate rates with residence through a company or property. |
| Hong Kong Asia | 17% | 0% | 0% | 16.5% | Territorial tax: foreign income and capital gains are not taxed. |
| Georgia Europe | 20% | 20% | 0% | 15% | Territorial tax for individuals and a 1% turnover regime for small businesses. |
| Guernsey British Isles | 20% | 0% | 0% | 0% | A tax cap for high earners and no capital gains or inheritance tax. |
| Jersey British Isles | 20% | 0% | 0% | 0% | High-value residents pay a capped tax on large incomes, close to the UK. |
| Isle of Man British Isles | 21% | 0% | 0% | 0% | A tax cap on income, no capital gains or inheritance tax. |
| Singapore Asia | 24% | 0% | 0% | 17% | No capital gains tax, foreign income generally not taxed, and a moderate top rate. |
| Panama Americas | 25% | 10% | 0% | 25% | Territorial tax: foreign income is not taxed, with easy residence routes. |
| Gibraltar Europe | 28% | 0% | 0% | 15% | Category 2 status caps tax for wealthy residents. |
| Malaysia Asia | 30% | 0% | 0% | 24% | Foreign income brought in by individuals is exempt, with a long-stay visa (MM2H). |
| Cyprus Europe | 35% | 0% | 0% | 15% | Non-dom status: no tax on dividends and interest for up to 17 years, with a 15% corporate rate inside the EU. |
| Malta Europe | 35% | 35% | 0% | 35% | Remittance basis for non-doms: foreign income left abroad is not taxed. |
| Mauritius Africa | 35% | 0% | 0% | 15% | Foreign income is taxed only when brought in, with a low top rate and easy premium visa. |
| Uruguay Americas | 36% | 12% | 0% | 25% | An 11-year holiday on foreign passive income for new residents who meet the presence or investment test, in South America's most stable country. |
| Italy Europe | 43% | 26% | 4% | 24% | A fixed annual tax in place of all tax on foreign income, for up to 15 years. |
| Switzerland Europe | 43.2% | 0% | 0% | n/a | Lump-sum (forfait) taxation for foreigners who do not work in Switzerland. |
| Greece Europe | 44% | 15% | 10% | 22% | A fixed annual tax on foreign income for new residents, plus a golden visa. |
Situational
Works only for a narrow profile. Shown, never pushed.
| Jurisdiction | Income | Gains | Inheritance | Corporate | Why |
|---|---|---|---|---|---|
| Oman Middle East | 0% | 0% | 0% | 15% | No personal income tax until 2028, when a 5% tax on high incomes starts. |
| Saudi Arabia Middle East | 0% | 0% | 0% | 20% | No personal income tax, but premium residence is costly and life is less flexible. |
| British Virgin Islands Caribbean | 8% | 0% | 0% | 0% | No personal income tax, but no investor residence route: residence status takes about 10 years. |
| Estonia Europe | 22% | 22% | 0% | 22% | A company pays no tax until it distributes profit; personal tax is a normal flat rate. |
| Costa Rica Americas | 25% | 15% | 0% | 30% | Territorial today, but a bill filed in September 2026 would tax residents' foreign passive income. Wait for the outcome. |
| Thailand Asia | 35% | 35% | 5% | 20% | Foreign income brought into Thailand is now taxed; the LTR visa helps specific profiles. |
| Morocco Africa | 37% | 20% | 0% | 20% | High progressive rates; only retirees with foreign pensions get a real advantage. |
| Ireland British Isles | 40% | 33% | 33% | 12.5% | Remittance basis for non-domiciled residents, but high rates on anything brought in. |
| Spain Europe | 47% | 30% | 34% | 25% | The Beckham regime helps employees only, and Spain has wealth and solidarity taxes. |
| Portugal Europe | 48% | 28% | 0% | 19% | The old NHR regime has closed; its replacement (IFICI) suits only certain professions. |
Reference
The country you are leaving, or a comparison.
| Jurisdiction | Income | Gains | Inheritance | Corporate | Why |
|---|---|---|---|---|---|
| United States Americas | 37% | 20% | 40% | 21% | Taxes its citizens wherever they live, so moving abroad does not end US tax. |
| United Kingdom British Isles | 45% | 24% | 40% | 25% | The starting point: worldwide tax, and non-dom status abolished from April 2025. |