Discover  8 Countries with Zero Foreign Income Tax

Malaysia

If you are a resident in Malaysia and stay there long enough to qualify for taxes, you can easily pay zero foreign earned income tax, despite the country’s earlier proposal made in the 2022 budget to tax Malaysian residents on their income sourced from abroad except a few industries.

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Panama

You will still have to pay unless you count places like Panama, for example. There is also Nicaragua and Costa Rica. The common denominator between these three countries is that, unlike their neighboring countries, they all impose territorial taxes.

Tax Mistakes to Watch out for

The most common mistake that people make is assuming that because they live in a country, they are exempt from paying foreign income tax.