5 Most Popular Tax Havens for the Wealthy

In this article, we will look at the 5 Most Popular Tax Havens for the Wealthy. You can read our detailed discussion and a more comprehensive list by visiting the 15 Most Popular Tax Havens for the Wealthy.

5. Qatar

Per Adult National Wealth (2021): $365,070

Qatar gained attention following a successful FIFA World Cup in 2022. Qatar charges a 10% corporate income tax and does not have personal income tax. Qatar is one of the richest countries in the world and also a famous tax haven for the wealthy.

4. Monaco

Per Adult National Wealth (2022): $464,435

Monaco is known for its zero-income tax policy which assists as a magnate to attract a significant number of wealthy individuals. Monaco is one of the richest countries in the world with a GDP per capita of around $240,862.

3. United Arab Emirates 

Per Adult National Wealth (2022): $620,963

The United Arab Emirates is becoming a leading millionaires hub. The country only has a 9% corporate income tax. The United Arab Emirates has a total wealth of over $1.24 trillion and ranks third among the most popular tax havens for the wealthy.

2. Kuwait

Per Adult National Wealth (2022): $727,160

Kuwait is a small country bordering Saudi Arabia. The Middle Eastern country has a strong economy with a GDP per capita of $52,270. Kuwait imposes a 15% tax on corporate income and has no individual income tax.

1. Brunei

Per Adult National Wealth (2022): $914,378

Brunei is one of the richest countries in Asia with a GDP per capita of $77,530. The country has zero individual income tax and has no export, sale, payroll, or manufacturing taxes. Brunei does charge a corporate personal tax of 18.5%. Brunei ranks first among the most popular tax havens for the wealthy.

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