By: Mary Jones
travelling knowledge
With no income tax, UAE lures residents and businesses. Revenue from oil, tourism, and real estate sustains public services, driving its appeal as an economic hub.
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Tax-free salaries in Qatar result from abundant oil and gas wealth, attracting expats seeking opportunities in various sectors.
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Tax-free income, bolstered by oil exports, and robust public services make Kuwait an enticing destination for expatriates.
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Famed tax haven, Bahamas levies no personal income tax, benefiting from tourism, offshore banking, and financial services.
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Zero direct taxes, including income tax, fuel the Cayman Islands' financial services industry and offshore investments.
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Diversification and oil exports underpin Oman's income tax absence, fostering economic growth and expat interest.
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Saudi Arabia relies on oil revenue, allowing tax-free income for residents while pursuing economic diversification.
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Attractive to businesses and high-net-worth individuals, Bermuda's tax-free environment thrives on offshore finance and tourism.
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Associated with opulence, Monaco's zero income tax policy appeals to wealthy individuals, supported by tourism and financial services.
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