Bahamas

The Bahamas is one of the world's premier zero-tax jurisdictions, levying no income tax, no capital gains tax, and no inheritance or wealth tax on residents. This English-speaking archipelago of 700-plus islands sits 50 miles off Florida, offering quick US access alongside a stable, US-dollar-pegged economy. Nassau and Paradise Island host a thriving financial sector and luxury real estate market. A Permanent Residency permit is available to property investors (typically BSD 750,000+), granting indefinite stay with full tax-free status. Naturalisation requires ten years of continuous residence. The cost of living is high by Caribbean standards, and imported goods carry steep customs duties in lieu of income tax — the primary revenue mechanism. Hurricane exposure and crime in parts of Nassau are the main drawbacks for long-term residents.