Tax Regimes

Monaco Standard Zero Tax Regime

Zero personal income tax since 1869

Indefinite · Foreign income exempt

Andorra Standard Low Tax Regime

Maximum 10% income tax, no wealth or inheritance taxes

Indefinite · Worldwide taxation

Middle east

UAE Zero Personal Income Tax

No personal income tax on any income source

Indefinite · Foreign income exempt

Italy Flat Tax Regime

EUR 300K/year substitute tax covers all foreign income

15 years · Foreign income covered by lump sum

Greece Non-Dom Regime

EUR 100K/year covers all foreign income

15 years · Foreign income covered by lump sum

Portugal IFICI+ Tax Incentive

20% flat rate on qualifying income, foreign income exempt

10 years · Foreign income exempt

Malta Non-Dom Regime

Foreign capital gains exempt even if remitted

Indefinite · Remittance basis

Spain Beckham Law Tax Regime

24% flat rate on Spanish income up to EUR 600K, foreign income exempt

6 years · Foreign income usually exempt

Cyprus Non-Dom Regime

Dividends and interest income fully exempt

17 years · Foreign income exempt

Switzerland Lump-Sum Tax (Forfait)

Tax based on living expenses, not actual income

Indefinite · Foreign income exempt

Malta Global Residence Programme (GRP)

15% flat tax on remitted foreign income, capital gains exempt

Indefinite · Remittance basis

Italy Impatriate Tax Regime

50-60% exemption on employment income for returnees

5 years · Worldwide taxation

Greece 7% Pensioner Flat Tax

7% flat tax on all foreign income for retirees

15 years

Greece 50% Employee Tax Exemption

50% tax exemption for employees relocating to Greece

7 years · Worldwide taxation

Hong Kong Territorial Tax System

Offshore-sourced profits exempt from tax

Indefinite · Foreign income exempt

Singapore Foreign Income Exemption

Foreign income generally not taxed for individuals

Indefinite · Foreign income usually exempt

Caribbean

Bahamas Standard Zero Tax Regime

No income, capital gains, or inheritance taxes

Indefinite · Foreign income exempt

Caribbean

Cayman Islands Zero Tax Jurisdiction

No personal income, capital gains, or inheritance taxes

Indefinite · Foreign income exempt

Bulgaria Standard 10% Flat Tax

10% flat income tax, one of EU's lowest rates

Indefinite · Worldwide taxation

Malta Highly Qualified Persons (HQP) Rules

15% flat tax on employment income up to EUR 5M in qualifying sectors

5 years · Worldwide taxation

Malta Retirement Programme (MRP)

15% flat tax on pension income, foreign gains exempt

Indefinite · Remittance basis

Jersey High Value Resident (HVR) Tax

1% tax rate on income above GBP 1.25M

Indefinite · Worldwide taxation

Gibraltar Category 2 Tax Status

Capped tax between GBP 37K-45K per year for HNWIs

Indefinite · Foreign income partly exempt

Caribbean

Anguilla High Value Resident Programme

USD 75K annual flat fee, only 45 days presence required

Indefinite · Foreign income covered by lump sum

Georgia Territorial Tax System

Foreign-source income exempt for residents

Indefinite · Foreign income usually exempt

Panama Territorial Tax System

Foreign-source income not taxed in Panama

Indefinite · Foreign income exempt

Costa Rica Territorial Tax System

Foreign-source income not taxable

Indefinite · Foreign income exempt

Paraguay Territorial Tax System

Low 8-10% rates, foreign income exempt

Indefinite · Foreign income exempt

Thailand Remittance-Based Tax System

Foreign income not taxed unless remitted to Thailand

Indefinite · Remittance basis

Malaysia Foreign Income Exemption

Foreign income received in Malaysia can be exempt until 2036

15 years · Foreign income usually exempt

Africa

Mauritius Remittance-Based Taxation

Foreign income taxed only when remitted to Mauritius

Indefinite · Remittance basis

Belize Territorial Tax System

Foreign-source active income generally exempt

Indefinite

Discontinued

Portugal Non-Habitual Resident (NHR) Regime

20% flat tax and foreign income exemptions

10 years · Foreign income exempt

IP Box & Patent Box Regimes

Corporate tax incentives for intellectual property income. Primarily relevant for business owners and entrepreneurs.

Malta IP Box Regime

1.75% effective rate on qualifying IP income

Indefinite · Foreign income partly exempt

Slovakia Patent Box Regime

50% exemption on qualifying IP income

Indefinite · Foreign income partly exempt

United Kingdom Patent Box Regime

10% effective rate on qualifying patent profits

Indefinite · Worldwide taxation

Lithuania IP Box Regime

7% rate on qualifying IP profits from 2026

Indefinite · Worldwide taxation

Poland IP Box Regime

5% flat tax on qualifying IP income

Indefinite · Worldwide taxation

Hungary IP Box Regime

4.5% effective rate on royalty income

Indefinite · Foreign income partly exempt

Cyprus IP Box Regime

2.5% effective rate on qualifying IP profits

Indefinite · Foreign income partly exempt

Netherlands Innovation Box Regime

9% effective rate on qualifying IP profits

Indefinite · Foreign income partly exempt

Luxembourg IP Box Regime

~4.77% effective rate on qualifying IP income

Indefinite · Foreign income partly exempt