Top 7 Countries where People live tax free

We are living in a world working on certain parameters. All these parameters are driven by humans which are in favor of us. But mostly we didn’t bother it and consider it as a bulging burden that aches our backbone.

Yeah, we are talking about taxes. People mostly ignore this term and whenever someone talks about taxes they deny to talk about it. This is why in many under developing countries the rich ones can put sand in their eyes by not paying taxes and the poor one bears the burden.

But today, we are about to vanish the local myth that everyone is paying taxes to live in this world. As today we are about to explore some countries where people live a tax-free life.

Let’s have a look at these countries;

 

1) The United Arab Emirates

UAE is one of the top countries that are blessed with extreme natural resources including oil, gas, and free trading portals. These things are broadly opened for all to trade without any income tax. This is why UAE has become the center of attention for the whole world.

Burj Al-Arab, Dubai

The reason behind increased Asian labor in these countries is also offering higher pays with zero taxes over salaries. So, UAE is one of those countries offering a tax-free lifestyle.

 

2)      Bahrain

Bahrain is also one of the Arab countries having bulk sources of Oil. They are selling it worldwide and earning through this resource a lot. The people working in Bahrain and their hiring company don’t go for any income tax but fewer security. It means that every employee or employer would be paying 9 to 6 percent of their salaries as a social security tax.

triangular-shape tower near body of water

Other than social security there is nothing extra to pay for. Just work and earn a luxurious lifestyle.

 

3)      Brunei

The third one is Brunei, one of the rich Muslim countries. Brunei also carries out some softheartedness on people by offering a no-income-tax policy. But the end of discourse is not here. The people are supposed to pay for vehicle tax or property tax. You can say that if you are not using your money for buying these two items, you can enjoy other perks without paying a single penny.

Ship, Junk, Mosque, Saifuddin, Brunei

 

4)      Monaco

The real piece of hot cake among paying taxes goes here in Monaco. This is the country offering extreme comfort for its citizens. Monaco is a country where you could be counted as a resident if you live there for 6 months.

Monaco, City, Port, Yachts, Building, Architecture

Now people who have completed this tenure are avoided paying taxes. While the new visitors may be asked to pay taxes on what they earn.

 

5)      Oman

Many countries make their laws making individual earnings tax-free and encourage to struggle for their country’s prosperity. But somehow, they apply some taxes on either property or other assets. But in Oman, the conditions are quite opposite.

Oman, Zulfa Mosque, Seeb, Governorate Of Muscat

In Oman, people are not supposed to pay a single penny in the name of tax. It applies to all the things including property and all assets as well as buying items.

 

6)      QATAR

QATAR is a country where everyone wishes to go and live there. This country is fully developed in the sense of resources as well as economy. The infrastructure of QATAR makes it more prominent to visit it. People who are living here are not paying taxes. However, those who want to live in QATAR from certain countries may need to pay taxes according to their local laws.

Skyscrapers, Building, Architectural, City, Buildings

 

7)      Kuwait and the Bahamas

Lastly, Kuwait and the Bahamas are the countries that are also not collecting any tax from personal income. As Kuwait is a country having 90% of its income from petroleum products, therefore, they don’t levy any taxes on people for their residence, properties, or income.

city buildings under blue sky during daytime

Enjoyed this article? Stay informed by joining our newsletter!

Comments

You must be logged in to post a comment.

About Author

Myself Adnan Ali, a competent and effeicent content writer and fitness athelet. I love to write on health related topics. My research and study skills made me capable of writing on controversial topics as well. If you love my Articles, kindly follow me and comment your view points. Thanks!

Relevent Articles
7 Hits - 0 Comments - Dec 6, 2021, 9:58 AM - Hajra Tareen
When undesired sounds infiltrate the atmosphere, traffic noise ensues. Sound pollution can cause extra pressure, difficulty sleeping, and deafness, among other things.
Read More
7 Hits - 0 Comments - Dec 4, 2021, 9:57 PM - Adnan Ali
Before this Realme X price in Pakistan, mobile from Infinix, Huawei, and Samsung launched pop-up selfie cameras. But believe me, snapdragon 710 makes it a match of the hour to use for photography and multi-tasking.
Read More
27 Hits - 0 Comments - Dec 4, 2021, 9:58 PM - Adnan Ali
Cruelty is not the subject of Islam. Our beloved Prophet Hazrat Muhammad (S.A.W) taught us to be kind to everyone even if someone bully us. He taught us to be kind in all matters even when we are righteous. Islam is the religion of peace not cruelty, but the...
Read More
37 Hits - 0 Comments - Dec 3, 2021, 5:04 PM - Adnan Ali
Therefore, today we are going to discuss some of the best and mind-blowing facts about real world. These facts are too surprising that you have never tried it and never imagined.
Read More
11 Hits - 0 Comments - Dec 3, 2021, 3:45 PM - Adnan Ali
Technology is getting horrible with every coming day. People are getting more and more dependent on technology than human power. They are basically working for the comfort of humans but in reality, they are replacing humans.
Read More
11 Hits - 0 Comments - Dec 3, 2021, 12:47 PM - Adnan Ali
Believe me, you are not going to buy a good mobile phone with quality zooming and a Mali G52 GPU. With this GPU you can outperform multi-tasking as well as gaming. For people having a craze for photography, this mobile phone could be best to buy within this price tag.
Read More
40 Hits - 0 Comments - Dec 1, 2021, 4:11 PM - Adnan Ali
Though there are many hilly areas with cold weather but this one carries its own individualities. The temperature here makes it the toughest area to live as life gets frozen here thoroughly.
Read More
14 Hits - 0 Comments - Dec 1, 2021, 4:11 PM - Adnan Ali
In city areas, the theft and looting cases are more than in village areas. It is becoming easier to aim for someone’s house and then attack. Also, the cases are increasing due to poor security conditions in these areas.
Read More
31 Hits - 0 Comments - Nov 30, 2021, 4:08 PM - Adnan Ali
Hania Amir and Asim Azher have remained the apple of the eye on Instagram and Twitter by their posts. They were spending most of the time together and uploading cute couple videos and moments. Everyone was praising their couple but suddenly something happens that changed the whole game.
Read More
15 Hits - 0 Comments - Nov 30, 2021, 4:08 PM - Adnan Ali
Technology is impacting the mental attitudes of our youth. We are believing in online presence and relations than our family living with us in a home. We are spending most of the time online while ignoring our real relations.
Read More