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Taxes - 10 Countries with 0 Income Taxes

6 years ago200 views

GeoBeats

Geo Beats

10 Countries in World With 0 Income Taxes - as part of the news and politics series by GeoBeats.

Who says you can't escape taxes? Well says everyone and it is true but here are 10 countries where you don't have to pay any personal income tax.

Number 10 - Monaco, the tiny country smaller in size than New York's Central Park offers a lot in terms of scenery and weather. On top of that, residents don't have to pay any income taxes.

Number 9 - Kuwait, the desert oasis, is another country without any personal income tax.

Number 8 - The island paradise of Bermuda has some of the world's beautiful beaches along with no income tax.

Number 7 - Another paradise without any income tax - Turks and Caicos Islands.

Number 6 - Andorra, Europe's sixth smallest country located between France and Spain has no income tax.

Number 5 - Brunei, located in Southeast Asia and with a population of nearly 400,000 boasts of rich oil fields and no personal income tax.

Number 4 is Cayman Islands. There are no personal income taxes as well as no property tax.

Number 3 - If you happen to live in UAE, you don't have to pay any personal income taxes.

Number 2 - Vanuatu, an island nation with rich culture and active volcanoes has no income tax.

Number 1 - Bahamas is another island nation where residents don't have to pay personal income taxes.

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