World

UAE to Qatar: 7 Tax-Free Countries

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Bahamas

There are no taxes on income, inheritance, gifts, or capital gains in the Bahamas; tourism boosts the economy significantly.

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Oman

Oman is tax-free with no personal income, property, wealth, capital gains, or death taxes; relies on other revenue sources.
 

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Bermuda

No income, VAT, corporate, or sales taxes in Bermuda; employers also exempt from payroll taxes, attracting residents and businesses.
 

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Qatar

No taxes on salaries for employees in Qatar; tax applies only to income earned within Qatar.
 

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Bahrain

Bahrain doesn't tax personal income, estates, sales, or capital gains; high taxes on oil sector businesses sustain the economy.
 

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UAE

No personal income tax in UAE; revenue from corporate tax on oil companies and foreign banks supports the economy.
 

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Monaco

No capital gains or wealth taxes in Monaco; known for high living costs, it's one of the world's priciest places.
 

Image credits: Freepik

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