5 Tax Free Retirement Countries for US Citizens

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1. The Philippines

Insider Monkey Score: 21

Filipinos are known to be some of the most hospitable people in the world. No wonder the Philippines is an attractive retirement destination for many. Under its Special Resident Retiree Visa (SRRV), foreign retirees can buy property, open businesses, and only get taxed on income that they generate within the country. This is also because the Philippines has a tax treaty with the US in order to avoid having individuals getting double-taxed.

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