The Most Luxury, Tax-friendly Places for Female Entrepreneurs

What does luxury mean in 2025?

For some, it’s the usual markers – a sleek villa by the sea, a supercar in the driveway or a yacht anchored in an exclusive marina.

But for today’s successful woman entrepreneurs, true luxury goes much deeper. It’s about freedom, control and the ability to build a life and a business entirely on your own terms.

That’s why the best countries for second residency or citizenship aren’t just about sun and status. They’re about creating a platform for financial independence, global mobility and long-term growth.

For high-achieving women, the ideal destination offers more than lifestyle perks – it combines investor-friendly tax policies, full business ownership rights, access to capital and a legal and banking framework that supports female founders and wealth creators.

Whether you’re looking to diversify your citizenship portfolio, optimise your tax position or simply live and work in a place that matches your ambition, the right location can open doors on both personal and professional levels.

But finding that right location can be difficult, and deciding between options can be even trickier. So the Nomad Capitalist team has put together this in-depth exploration of the top countries where women entrepreneurs can go where they’re treated best.

Luxury, Tax-Friendly Places for Female Entrepreneurs

The jurisdictions below represent the best options for women wealth creators to find luxury, tax benefits and residence or citizenship programs that make it easy to live there.

The Bahamas

The Bahamas is known as a playground of the rich and famous, thanks to its many luxury resorts.

The mixture of relaxed island living and the potential for tax savings makes this tropical island a magnet for entrepreneurs.

Tax benefits include no personal income tax, wealth tax, capital gains tax or inheritance tax, and a low corporate tax rate.

The Bahamas is an ideal option for entrepreneurs who want privacy and fun without feeling trapped by having to live on the island for any length of time. 

You can gain permanent residency by purchasing property valued at US$1 million or more or expedite the process with a US$1.5 million investment. 

Singapore

Singapore is an ideal hub for ambitious business owners. It’s home to some of Asia’s most prestigious neighbourhoods, offering a range of upscale communities ideal for those after a luxury lifestyle. 

High-end districts like Orchard Road and Marina Bay offer luxury accommodation choices, boutiques, fine dining and plenty of entertainment.

Tax benefits include low personal income tax, corporate tax incentives, no capital gains tax, no taxes on dividends and no wealth tax.

There are a few paths to permanent residence in Singapore, including the Singapore Entrepreneurs Pass, Employment Pass and Singapore Global Investor Program.

The Singapore Global Investor Program allows you to gain residence by investing at least SGD 10 million (around US$7.45 million) in a start-up, an existing business or an approved fund. 

This gives you permanent residence with the option for renewal after five years.

United Arab Emirates (UAE)

The UAE, particularly Dubai, is the epicentre of expat luxury living.

From opulent accommodation in the likes of the Jumeirah Burj Al Arab to Michelin-starred dining and high-end spas, you’ll find any exclusive experience you can imagine in Dubai.

One of Dubai’s most appealing factors for female entrepreneurs is its high level of safety, with designated pink taxis for women with female drivers. 

Tax benefits include no income tax, 9% corporate tax and business-friendly free zones.

The UAE is a popular choice for those who want a combination of a hassle-free residence permit and no personal income tax. 

You can make an investment or purchase a property in the UAE to gain temporary residence. There are several residency-by-investment programs, including making a public investment of around US$545,000.

And if you’re a superyacht owner, Abu Dhabi now offers the ultimate luxury residence program – its new Golden Quay Visa. This is an invitation-based 10-year residency permit for the ultra-wealthy.

Switzerland

Switzerland is ideal for female entrepreneurs looking for a tranquil and sophisticated lifestyle.

Switzerland has one of the highest densities of billionaires in the world. There are many reasons why so many wealthy choose this Central European base as their home. 

It offers picturesque landscapes and a stable, business-friendly economy. Tax benefits include double tax treaties, lump-sum tax options, low corporate tax and no capital gains tax.

Switzerland’s appealing and somewhat unique lump-sum tax system is based on estimated living expenses and taxes, and it only taxes locally sourced income. That said, you’re not allowed to be gainfully employed there under this tax status. 

Non-European Union and non-European Economic Area nationals can obtain residence in Switzerland through the lump-sum taxation scheme or by starting a business and can then apply for Swiss citizenship after 12 years of permanent residence.

Monaco

Monaco offers the epitome of luxury and tax-friendly living for wealthy female entrepreneurs in a tiny 2 square kilometre microstate. 

If you’re looking for prestige and exclusivity, this is where you’ll find it.

Monaco remains the world’s most expensive real estate market, with average property prices between €51,000 and €100,000 plus per square metre.

Tax benefits include no personal income, low corporate tax, no wealth and no capital gains tax.

Becoming a resident means depositing between €500,000 and €5 million in a Monaco bank and renting or buying a property. Although, many banks require a minimum €1 million deposit. 

Residency requires spending time living in the Mediterranean principality, and after ten years, permanent residency and potential citizenship is possible.

Alternative Destinations for Women

For Nomad Capitalists, not following the crowd and finding where you’re truly treated best is of greater importance than a name brand that anyone can buy into.

So, here are some alternative, up-and-coming locations that offer tax-friendly living for female entrepreneurs.

Colombia

This might come as a surprise for female entrepreneurs who want to live in luxury. But yes, Colombia offers the potential for both a luxury and tax-friendly life for successful entrepreneurs.

Although you won’t find the opulence of Monaco in Bogota or Medellin, what you will find is potential and a fast-emerging start-up scene. 

Colombia has come a long way in recent years, and there are plenty of attractive neighbourhoods.

Although Colombia does not qualify as one of the most tax-friendly countries, if you choose to live in Colombia for less than 183 days a year, you’re taxed as a non-resident and won’t be taxed on your worldwide income.

Colombia is an attractive option for those seeking citizenship with minimal physical presence, offering a straightforward path to residency through various visa options. 

You can obtain residency in Colombia via the Migrant Visas and the Resident Visa for those wishing to settle permanently in Colombia. After five years of permanent residence, you can become a naturalised Colombian citizen.

Bali

Recently, Nomad Capitalist Founder Andrew Henderson, explored the luxury side of Bali you don’t usually get to see, from fine wines to exclusive villas. 

Both Bali and Indonesia work as tax-friendly bases once you avoid being a tax resident, spending less than 183 days per year there.

Indonesia offers an investor visa, a retirement visa and a remote worker visa. The investor visa is valid for two years and requires an investment of IDR 100,000,000 or about US$600,000 in an Indonesian company.

Wealthy Women Entrepreneurs: FAQs

Go Where You’re Treated Best

Beyond lifestyle, the destinations highlighted above by the Nomad Capitalist team offer a strategic edge – ideal for those looking to diversify assets, reduce tax exposure and secure a second passport as part of a long-term Plan B.

But navigating the complexities of in-demand residence programs and second citizenship pathways isn’t something to take on casually. The rules are complex, the regulations nuanced and the people who interpret and enforce them can be… bureaucratic.

And, of course, the stakes have never been higher. Choosing the right strategy depends entirely on your unique goals and personal circumstances. To put it bluntly, getting the right advice from the start can save you lots of time, effort and money – and not a little heartache and stress.

That’s just one of the reasons people choose Nomad Capitalist – we have direct experience across multiple jurisdictions and will help you weigh up the pros and cons of each. 

So, remove all the guesswork, skip past the gatekeepers and speed up the entire process by reaching out.