Monaco has no income tax Kuwait has no income tax Bermuda has no income tax U.A.E. (United Arab Emerites) has no income tax Andorra has no income tax British Virgin Islands have no income tax Qatar has no income tax The Bahamas have no income tax Oman has no income tax Cayman Islands have no income tax Anguilla has no income tax Maldives have no income tax Turks and Caicos have no income tax Vanuatu has no income tax http://www.theblaze.com/stories/hat...me-countries-with-no-income-taxes-whatsoever/
Also to add; Switzerland- You can negotiate a lump-sum taxation with the Swiss tax authorities if you move there. The federal and most cantonal tax legislations provide an option to request to be taxed based on estimated living expenses rather than on actual income and net wealth. Singapore & Hong Kong- ZERO capital gains tax. Tax-exempt on all foreign-source income.
Amazing, isn't it... how the parasites voted for "more Communism" for themselves at the expense of the rest of us? Is THAT what made America a once great country??
Keep in mind, however, that you would need to renounce your US citizenship, as the US is the only country in the world that requires you to report income regardless of where in the world you are when you earn it. There are ways to get around this if you have dual citizenship, however.
Patriots are free to chart their own course. This is just a starting point for those with the means to take advantage of tax free havens. i.e. Certain Facebook founders.
many people love it including me. I rather save on taxes and donate more to orphanages and old folks home to the real needy people.