15 countries with ZERO personal income tax (2020)
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- Опубликовано: 12 сен 2024
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Today we are presenting you countries that have ZERO Personal Income tax.
Brunei
Bermuda
Cayman Islands
British Virgin Islands (BVI)
Bahamas
Anguila
Turks and Caicos
St Kitts and Nevis- They also offer Citizenship by Investment
Monaco
United Arab Emirates
Saudi Arabia
Oman
Qatar
Bahrain
Kuwait
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Author: Michael Rosmer
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You mentioned Anguilla. Love to see your views on future of BOTs passports.
It's a good question. I don't know that I have much of an opinion. I've been somewhat torn on which way I think they'll swing.
What do you think?
@@MichaelRosmer I think it is overpriced but I like it because I like off the radar in general.
@@amir5593 really? Interesting. I think they are about in keeping with the market. A citizenship is a powerful thing and it's probably about worth it. That being said there is a chance because of corona that they will need money more and lower prices to make it happen in fact a couple have already sent out notices week some incentives.
@@MichaelRosmer Islands are the best. The other day you mentioned when someone shows a Dominica passport to lets say Swiss bank wouldn't be interesting but off the radars like Anguilla passport is both ID and travel doc. So it's valuable of 5 years of waiting + a Caribbean size donation. I love the concept of citizenship. unfortunately in countries like Iran, Turkey and Serbia citizenship and Nationality is kind of intertwined because of history of these places. If you see struggles in these countries it is related to these fundamentals deep down there.
@@amir5593 yeah that can be an issue. Montenegro isn't bad because as a pretty new country most people don't have any thoughts about it.
Georgia is decent.
Then of course there's the immigration paths. Go live on Canada for 3 years and you can get a tier 1 citizenship. Alternatively some of the Latin American ones don't tend to carry the stigma and are fairly easy to get.
A video on the countries with no capital gains tax would be very cool coming from you since very few people actually cover the full list of those
Great idea I'll definitely create one
what about zero property real estate tax locations?
Good question.
Great question I'll have to do a video about those.
Great list. I think Aruba is good too.
Pretty sure Aruba isn't zero tax?
@@MichaelRosmer No it isn't.
Very informative info. Middle East is rocking it when it comes to taxes.
I just don't like that they introduced VAT. Could have done without it.
I'm a bit confused with your comments on Antiqua, earlier your mentioned ththat that are zero tax and then later on your mentioned that they do have a tax, ie that St Kids and Nevis is the only caribbean island with citizenship and is tax free ? Please clarify this, specially the differences if any between these two. I noticed an video 1996 I believe where Antigua said that they
were doing away with income tax.