Every month you’re forced to part with a big chunk of your hard-earned cash. The amount you pay in taxes can be staggering, and quite painful. You’ve been generous for years. Now, enough is enough. We’ve uncovered some exotic, exciting, and discreet destinations where you can relocate and avoid paying much of those pesky taxes. Eleven places made our list as the world’s most appealing tax havens. You’re probably thinking it’s too good to be true. You may be surprised to find that you can live in a literal paradise with all the trappings and pay almost no taxes. Read on and find out for yourself.
1) The Bahamas
This independent archipelago of nearly 700 islands tops our list for several big reasons. Not only is it a tropical paradise, this country also claims no income tax, no sales tax, no corporate tax, no inheritance tax, and no capital gains tax. The Bahamas are almost an all all-inclusive tax haven, complete with off-shore banking options. Loving the prospects of this island’s lifestyle? The Bahamas are also part of what is known as the property investment program. If you have the money, becoming a resident is as easy as purchasing property in the territory. A $500,000 purchase will get you a membership; a $1,500,000 purchase will get you fast-tracked. Sunshine, beautiful beaches, temperate climate, proximity to the U.S., and options galore on where to plant roots. What’s not to love?
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