Top 10 Countries to Reduce Tax with Golden Visas

There exist several options for golden visas with tax haven countries that offer low or zero taxation. Residency is key to taking advantage of this option and must be studied carefully against any other country where time is being spent. Our list includes countries with no income tax, no inheritance tax and no capital gains tax. Many countries or territories are also favourable to companies, offering low or zero corporation tax on profits from overseas. While some, like Portugal and Italy, may not be considered generally as low tax havens, specific rules and offerings are in place to welcome investors prepared to invest in their economies and spend time there. We have listed below the Top 10 options in our portfolio:

1. Malta

Malta is one of a few European countries with low taxation for international residents and offers significant tax advantages for Golden Visa holders, which include:

  • No tax on worldwide income not remitted to Malta.
  • A flat rate of 15% tax on remitted foreign income.
  • No inheritance or wealth taxes on worldwide assets. For more details, visit our Malta Golden Visa page.

2. Portugal

Portugal’s Golden Visa programme provides appealing tax benefits through the Non-Habitual Resident (NHR) regime, offering:

  • A flat income tax rate of 20% for certain Portuguese-source incomes.
  • No foreign income tax for the first ten years under NHR status.
  • No wealth tax and favourable treatment for gifts and inheritance tax. Explore more on our Portugal Golden Visa page.
  • No tax on Crypto gains held for more than 12 months

3. St Kitts and Nevis

St Kitts and Nevis offers a tax-friendly environment for its citizens and is a good choice as a low tax country for expats, it offers:

  • No personal income tax.
  • No gift, inheritance, or wealth taxes.
  • Corporate tax incentives for businesses. Further information can be found on our St Kitts and Nevis page.

4. Dominica

Dominica provides several tax advantages for economic citizens, such as:

  • No wealth, gift, inheritance, foreign income, or capital gains tax.
  • Competitive corporate tax rates and generous tax holidays. Details are available on our Dominica page.

5. Antigua and Barbuda

Antigua’s Citizenship by Investment programme offers:

  • No tax on worldwide income.
  • No capital gains or estate taxes.
  • Exemptions from import duties. Visit our Antigua and Barbuda page for more information.

6. Grenada

Grenada’s citizenship programme includes tax benefits like:

  • No foreign income, wealth, gift, inheritance, or capital gains tax.
  • Potential access to the USA E-2 visa treaty. More details are on our Grenada page.

7. Italy

Italy is another EU country that offers a favourable tax regime for new residents under its residency by investment scheme, which includes:

  • A substitute tax regime of €100,000 per year on foreign income for new residents, applicable for up to 15 years.
  • No inheritance or gift tax on assets outside Italy.
  • Reduced tax rates on real estate and financial assets held abroad. For more details, visit our Italy Golden Visa page.

8. Cayman Islands

The Cayman Islands has long been considered a tax haven and provides tax free advantages, making it an attractive jurisdiction for investors:

  • No direct taxes such as income, capital gains, or corporation tax.
  • No property taxes or ongoing estate taxes.
  • A stable economic environment with confidentiality for investors. Further information can be found on our Cayman Islands page.

9. UAE

The UAE is effectively a tax free country for expats and is now one of the most popular tax haven countries worldwide. It offers a unique residency by investment opportunity with the following tax benefits:

  • No personal income tax.
  • No corporate taxes for most businesses, except for oil companies and foreign banks.
  • No capital gains or dividend taxes. Explore more on our UAE Golden Visa page.
  • No taxes on Crypto gains.

10. Anguilla

Anguilla, a British Overseas Territory, offers attractive tax conditions, which include:

  • No direct taxation including income, capital gains, estate, profit or other forms of direct taxation on individuals or corporations.
  • No inheritance or gift taxes.
  • Attractive offshore investment opportunities. Details are available on our Anguilla page.

For more detailed information on international tax relating to golden visa countries please contact us directly.

Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Tax laws vary by country and are subject to change. Always consult a qualified tax professional or legal advisor for personalized guidance regarding your specific situation.