Categories: Taxation

Expatriation: which are the most attractive countries for tax purposes?

Malta&comma; Antigua and Barbuda and the United Kingdom top the list of the ten most attractive countries for personal income tax&period; Portugal also ranks in the top 5&period; &NewLine;While the level of personal income tax is not the primary criterion for choosing an expatriation destination&comma; it is a parameter that can tip the balance in favor of a particular&period; To help future expatriates make up their minds&comma; Bradley Hackford publishes a ranking of the ten most attractive countries for tax purposes for personal income&period;&NewLine;In addition to the tax pressure rate, it is based on four other criteria &colon; quality of life&comma; legal and physical security&comma; the quality of the economic investment program developed by the local government to encourage investment by new residents and the country's geographical location&comma; its accessibility&comma; its centers of interest and the quality of its infrastructure&period;&NewLine;1&period; Malta&NewLine;The "&ThinSpace;resident non dom&ThinSpace;" status offered by the island allows the expatriate to be taxed only on locally-sourced or locally-repatriated income&period; International income is therefore not taxed if they are not repatriated to Malta&period;&NewLine;2&period; Antigua and Barbuda&NewLine;More and more wealthy international investors are interested in the superb beaches offered by this small Caribbean country&comma; but not only&period; No personal income tax at all is also a significant criterion of choice&period; The only constraint&colon; to benefit from this exemption&comma; you must subscribe to the nationality by investment program which allows you to establish your residence on the island&period; It requires the realization of an economic contribution of 250&period;000 dollars or to realize a real estate investment in an approved program for an amount of 400&period;000 dollars minimum&period;&NewLine;3&period; United Kingdom&NewLine;Living in Great Britain allows you to benefit from the status of "&ThinSpace;non-domiciled resident&ThinSpace;"&period; It offers non-British citizens the possibility to settle without being taxed on their non-local incomeA minimum lump-sum tax must then be paid each year&period;&NewLine;4&period; Andorra&NewLine;Just a stone's throw from Barcelona and Toulouse&comma; lies Andorra&comma; a small principality that offers a personal income tax rate of just 10%;To obtain a residence, you need to invest a minimum of 350&period;000 euros in the country and deposit 50&period;000 euros&period;&NewLine;5&period; Portugal&NewLine;<a href="https&colon;//vivreauportugalconsulting&period;com/regime-fiscal-au-portugal/" target="&lowbar;blank">The status of "&ThinSpace;non-habitual resident&ThinSpace;"</a>10 years&comma; allows&comma; under certain conditions&comma; tobe tax-exempt in Portugal or benefit from a favorable tax regime Particularly attractive for retirees, it can also be of interest to people living on stock market income or to corporate shareholders&period;&NewLine;6&period; Mauritius&NewLine;The main procedure for expatriating to Mauritius is to buy a property on the island&comma; approved by the local IRS&comma; with a minimum value of 500&period;000 dollars&period; at the key &colon; a maximum personal income tax rate of 15&period;&NewLine;7&period; Bahamas&NewLine;Tax haven par excellence&comma; offering complete tax neutrality for its residentsThe Bahamas continues to attract expatriates&period; To live there&comma; obtaining a residence requires an investment in local real estate worth at least $500&period;000&period;&NewLine;8&period; Monaco&NewLine;To settle in the Principality, which offers its residents total tax neutrality for personal income - except for French nationals who continue to pay their taxes in France - you need "&ThinSpace;simply&ThinSpace;" power. demonstrate significant assets&period;&NewLine;9&period; Bulgaria&NewLine;Less exotic&comma; Bulgaria offers "&ThinSpace;light&ThinSpace;" taxation with a tax rate of 10 &percnt; on personal income&period; The country is particularly attractive to young, active expatriates&period;&NewLine;10&period; United Arab Emirates &&num;8211&semi; Dubai&NewLine;Moving to Dubai and setting up your company in one of the "&ThinSpace;free zones&ThinSpace;", where companies can be 100&percnt; owned by foreigners, allows you to take advantage of the "&ThinSpace;free zones&ThinSpace;".a double exemption &colon; the personal income tax rate is 0 &percnt;&comma; as is the corporate tax rate&period;&NewLine;<a href="https&colon;//vivreauportugalconsulting&period;com/pre-etude-personnalisee/">CONTACT US FOR A FREE ANALYSIS OF YOUR PERSONAL SITUATION</a>&NewLine;<a style="line-height&colon; 1&period;7&semi;" href="http&colon;//business&period;lesechos&period;fr/directions-financieres/fiscalite/taxes-et-impots/021885444503-expatriation-quels-sont-les-pays-fiscalement-les-plus-attractifs-210030&period;php&num;" target="&lowbar;blank">Source</a>&NewLine;&NewLine;

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