The BEST 4 Tax Free Countries in the World Nobody Talks About

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Today we are going to discuss the best tax-free countries in the world that nobody is talking about. There are some typical places that we often discuss: Cyprus, Malta, Portugal, UAE, Malaysia, Hong Kong, Panama, etc.

However, today we are looking at things from a different angle. We are giving you some zero or low tax countries that you didn't expect can be so!

Here is our list of unexpectedly low tax countries:

1. The United Kingdom - What? Yes! The UK is an attractive place to go in many respects! This is a first-world English-speaking country, where you can take advantage of the tax system. We are talking about the famous Non-Dom Program. This program has a time limit, but as long as you can qualify you can live in the UK tax-free. It only applies to foreign income that's not remitted to the UK.

2. Ireland - This country can also be a great choice if you don't want to pay lots in tax. Similar to the UK Ireland also has Non-Dom Program. If you're a foreigner who lives in Ireland and makes money abroad you will not pay any taxes on your foreign income that's not remitted to Ireland.

3. New Zealand - This is considered a super attractive place to be! But many think of New Zealand as a very high tax country. Well, they're wrong! If you move there as a foreigner you can get tax exemption on your foreign income for 4 years!

4. Spain - Wait, what? Isn't Spain super unattractive when it comes to taxes? Yes, to many Spain is a horrible place to be from this point of view, but there is a way you can live in Spain and pay very little tax. Unlike the previous three places on our list, you will not be able to get away with zero tax. You will need to have some local income and pay taxes on that.
There is something called the Beckham law, which allows you to not pay taxes on your foreign income for 6 years!

The Beckham Law is a Spanish Tax Decree passed in June 2005. The law gained its nickname after the footballer David Beckham became one of the first foreigners to take advantage of it. However, the law is aimed at all foreign workers (particularly the wealthier ones) living in Spain. Upon application and acceptance by authorities, such individuals become liable for Spanish taxes based on their Spanish income and assets but avoid such taxes on their non-Spanish income and assets.
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