14 countries · 2026
Countries with no income tax
Checked November 4, 2026 · How we score
| # | Country | Personal | Corporate | VAT | Invest from | Setup from | Score |
|---|---|---|---|---|---|---|---|
| 1 | 🇦🇪UAE No personal income tax on salaries, dividends, interest or capital gains for individuals. Corporate tax can apply to individuals only if they run a business or business-like activity in the UAE with turnover above AED 1m a year. | 0% | 9% | 5% | $545k | $3,000 | 8.0 |
| 2 | 🇻🇬BVI No personal income tax, capital gains, inheritance or wealth tax. Payroll tax and social contributions apply to employers and employees on local employment, and stamp duty applies to property transactions. | 0% | 0% | None | — | $1,000 | 7.3 |
| 3 | 🇧🇸The Bahamas No personal income tax. Residents pay VAT, import duties, real property tax and stamp duty on property transfers (2.5%–10%). | 0% | 0% | 10% | $750k | $1,500 | 7.0 |
| 4 | 🇧🇭Bahrain No personal income tax on salaries, dividends, interest or business income. Employees (including expats) pay social insurance (unemployment insurance 1% for employees). | 0% | 0% | 10% | $530k | $2,500 | 6.9 |
| 5 | 🇰🇾Cayman No personal income tax, capital gains, inheritance or payroll taxes on residents. Revenue comes from import duties (typically 22%–27%), stamp duty on property (7.5%) and work permit fees. | 0% | 0% | None | — | $3,000 | 6.8 |
| 6 | 🇧🇲Bermuda No personal income tax or capital gains tax. Employees and employers pay payroll tax on remuneration (the main source of government revenue), and there is land tax and stamp duty. | 0% | 0% | None | — | $3,500 | 6.4 |
| 7 | 🇻🇺Vanuatu No personal income tax, no capital gains tax and no wealth or inheritance tax. Employers pay Vanuatu National Provident Fund contributions (about 8% employer and 4% employee) for local employees. | 0% | 0% | 15% | $130k (CBI) | $1,500 | 6.2 |
| 8 | 🇦🇬Antigua Most sources state personal income tax was abolished in 2016; some guides cite progressive rates for self-employed income (up to 25%), so confirm with the Inland Revenue Department. There is no capital gains tax (property transfer tax of 7.5% applies), wealth tax or inheritance tax. | 0% | 25% | 17% | $230k | $1,200 | 6.0 |
| 9 | 🇴🇲Oman No personal income tax today. Royal Decree 56/2025 introduces a 5% tax on annual income above OMR 42,000 from 1 January 2028; it is expected to affect roughly 1% of the population. | 0% | 15% | 5% | $260k | $3,000 | 6.0 |
| 10 | 🇶🇦Qatar No personal income tax on salaries or investment income of individuals. Individuals with business, rental or professional income pay through the 10% corporate/partnership rules. | 0% | 10% | None | $200k | $4,000 | 6.0 |
| 11 | 🇰🇳St Kitts & Nevis No personal income tax, capital gains tax, wealth tax or inheritance tax. Government revenue comes from VAT, property transfer tax, stamp duty and payroll-related levies. | 0% | 33% | 17% | $150k | $1,200 | 6.0 |
| 12 | 🇹🇨Turks & Caicos No personal income tax, capital gains tax or inheritance tax. Government revenue comes from import duties (about 30%), accommodation tax, a 10% government tax on restaurants and stamp duty on property (up to 10%). | 0% | 0% | None | $300k | $2,000 | 5.9 |
| 13 | 🇸🇦Saudi Arabia No personal income tax on salaries or business income of individuals. Saudi nationals pay zakat; foreign individuals with Saudi business income are taxed through the business entity or at 20% as non-resident shareholders. | 0% | 20% | 15% | $213k | $8,000 | 4.6 |
| 14 | 🇲🇨Monaco No personal income tax on residents, except French nationals who remain subject to French tax under the 1963 Franco-Monegasque convention. No wealth or inheritance tax for direct heirs. | 0% | 25% | 20% | — | $8,000 | 4.4 |
Questions people ask
Which countries have no income tax?
14 countries on our list have no personal income tax in 2026, including the UAE, Monaco, the Bahamas, Bermuda, the Cayman Islands, Qatar, Bahrain and Kuwait-style Gulf states.
Can I move to a country with no income tax and pay nothing?
You can pay no income tax if you become tax resident there and stop being tax resident at home. That usually means a residence permit, a home, and spending most of the year there. US citizens still owe US tax, though the Foreign Earned Income Exclusion covers most salary.
What is the easiest no-income-tax country to move to?
The UAE is the most practical for founders: a free-zone company comes with a residence visa, setup takes days, and banking works. Panama and Paraguay are not zero-tax but are territorial, so foreign income is untaxed and residency is cheap.
Do countries with no income tax have other taxes?
Yes. They usually fund themselves with VAT, import duties, property fees or corporate tax. The UAE charges 5% VAT and 9% corporate tax above AED 375,000 of profit; the Bahamas relies on VAT and stamp duty.
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Not tax or legal advice. Rates and rules change; we check official sources and update every page, but verify with a licensed adviser in the country before acting. Spotted something out of date? Use the correction form below.