10 Tax-Free Countries In The World

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There are a few countries in the world that have very stable economies, thus their governments do not collect taxes from their citizens 

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Here's a list of 10 countries where you can live a tax-free life 

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The Bahamas is one of the most attractive countries and it offers a tax-free lifestyle without mandatory citizenship


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The United Arab Emirates, with a robust, oil-backed economy, exempts its residents from income tax


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Monaco is a sovereign city-state on the French Riviera that has no income tax for residents and businesses

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Kuwait, the oil-rich Arab country located on the Persian Gulf, is another country with no income tax


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The Cayman Islands​, located in the Caribbean, is a tax-free autonomous region


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Oman's government has no need to levy income tax on its residents thanks to the profits from its national oil and gas industry


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Wealthy from its oil industry, Bahrain is tax-free for personal income


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Bermuda, which is quite famous for its pink sand beaches, is a tax-free country


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Vanuatu, a haven for international professionals and entrepreneurs, offers a tax-free policy on various income sources


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Qatar is another tax-free country. It does not impose income tax on an individual's allowances, salaries and wages


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