Five Low-Tax Countries for Expats in 2024

Five Low-Tax Countries for Expats in 2024

What is an expat? It's not as simple as you might assume.  Americans, Canadians, and Australians, fed up with their governments' high-tax and anti-freedom policies, are moving overseas in growing numbers.


Some countries actively court foreign expats by offering benefits beyond the built-in perks, such as low-cost living, warm weather, friendly locals and beautiful surroundings. So, here are our top choices.

Low-Tax Countries for Expats


Costa Rica attracts expats with its lifestyle, political stability, and low taxes. US citizens benefit from tax incentives due to its proximity and territorial tax system.

1. Costa Rica

Ecuador offers a low-tax haven with a mix of territorial and worldwide systems. Structuring income smartly can minimize taxes effectively.

2. Ecuador

Greece's enticing lifestyle attracts expats with its Mediterranean charm and flat-tax option. Meeting income and investment requirements unlocks tax benefits.

3. Greece

Malta's sunny lifestyle and tax perks make it a favorite for expats. Residency offers travel benefits and financial flexibility with specific investments.

4. Malta

Malaysia attracts expats with tax benefits and residency options. The Sarawak My Second Home program offers a renewable visa for up to ten years.

5. Malaysia

Five Low-Tax Countries for Expats: FAQs


Tax-free countries have no income tax. They're known as tax havens, like the Cayman Islands. Explore our guide for more.

What are tax-free countries?

Personal circumstances define the 'best'. Monaco has no income or capital gains tax. Some Caribbean islands offer zero corporate and income tax.

Where is the best place to live in the world with no taxes?

Bulgaria has the lowest flat personal and corporate tax rate in the European Union at 10%. Other countries with The Lowest Taxes in Europe include Georgia, the Czech Republic and Montenegro.

Which country in Europe has the lowest taxes?

Eastern Europe and South America. Check out our list of the best countries to retire in the world, which includes Latin American nations, Costa Rica, Ecuador and Panama.

Which country is most tax-friendly for retirees?

Caribbean nations offer citizenship by investment, no income taxes. Antigua, St. Kitts, and Nevis have no taxes; Grenada, Dominica, and St. Lucia tax only local income.

Which Caribbean country has no tax?

The Nomad Capitalist lifestyle is all about ‘going where you’re treated best’ and planting flags in different countries that serve you better than any other. However, you’ll need to plan this carefully and that’s where Nomad Capitalist comes in.


Our experienced team can help you legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind. We’ve helped 1,500+ HNWI entrepreneurs and investors and we can help you, too.

Protect Your Assets and Secure Your Future