There's more to gain from living abroad than just immersing yourself in an array of beautiful cultures and picturesque landscapes. Did you know that it can also bring significant tax benefits? 💰💼📈
Certain countries offer enticing tax incentives to attract foreign investment and talent...
🇵🇹 Portugal: Portugal has a Non-Habitual Resident (NHR) tax regime, which offers new residents significant tax incentives for a period of 10 years.
🇲🇹 Malta: Malta offers various residency programs, including the Malta Retirement Program (MRP) and the Global Residence Program (GRP), that provide tax incentives to foreign residents.
🇮🇪 Ireland: Ireland has a special tax incentive for foreign executives called SARP (Special Assignee Relief Programme), which allows a relief of income tax on a portion of income earned.
🇹🇭 Thailand: Thailand's Board of Investment (BOI) promotes certain business sectors by offering tax and non-tax incentives, including exemption or reduction of import duties and corporate income tax.
🇵🇦 Panama: The Friendly Nations Visa, available to citizens of 50 nations deemed friendly to Panama, offers various incentives including tax benefits.
🇸🇬 Singapore: Singapore offers a variety of tax incentives for businesses, aiming to promote entrepreneurial activities and attract foreign investments.
🇦🇪 United Arab Emirates (UAE): The UAE does not levy income tax on individuals, and its free zones offer further tax advantages for businesses.
🇨🇷 Costa Rica: Costa Rica offers incentives to retirees and foreign residents under certain conditions, including duty-free import of household goods and tax exemptions on pension or retirement income.
If you want to learn more about tax incentives for expatriates across the world contact us.
