Top five countries with zero tax
Let us check which are countries that do not have tax system but still these countries are worth to live.
1-United Arab Emirates
United Nations rich in oil reserves, United Arab Emirates is also one of the countries with the highest per capita income. There are a number of oil countries in the Middle East that have no income tax, and the UAE is considered one of the most attractive, with a relatively stable government and economy. United Nations rich in oil reserves, United Arab Emirates is also one of the countries with the highest per capita income.
2-Qatar
There is no existence of income tax in countries of the world which have been enriched by the huge reserves of oil and minerals. No tax is imposed on the personal income of the people in Qatar, the world's richest country according to per capita income.
3-Oman
There is no tax on private income or capital in Oman, but here people have to contribute to social security benefits.
4-Saudi Arabia
No tax is required for citizens of Saudi Arabia, the largest exporter of oil in the world, and no tax is imposed on the financial benefits of companies. Here, you have to pay for social security.
5-Bahrain
Even in Bahrain, citizens do not have to pay income tax. However, the citizens here have to submit 7 percent of their income to social security. There is a tax on income received from renting a house, as well as a tax on employment tax, stamp duty and real estate transfers.
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