As Of May 2024, By ClearTax
A Tax-free nation in the West Indies that allows individuals to avail permanent residency on a minimum stay of 90 days.
Its favourable tax laws and secrecy norms make it a lucrative destination for individuals and businesses without raising a lot of questions.
Considered a tax haven in the Caribbean Sea, the nation also charges no tax on payroll, capital gains, and withholding tax.
Apart from no income or corporate tax, this nation also has legislative policies that aid in creating offshore foundations, corporations, and trusts.
While the country doesn’t levy tax on income or capital gains, it does impose other fees like customs duties, stamp duties, and payroll taxes.