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List of Tax Havens
This list of Tax Havens was based on the OECD list of tax havens 2004 and then adapted to help to gain helpful information for the assistance of anyone hoping to become a tax exile!
Tax Havens are Good! It's a matter of fair competition between nations. Countries with the more favourable tax regimes attract prosperous people to move there. This then changes the balance of power away from the overbearing established powers that would seek to form a global cartel/monopoly of high-tax countries. As a matter of personal freedom, it's important to escape from them!
Since the creation of this page, I have also created a list of countries so I can add comments about some more of them, countries that are tax havens and others which are worthy of note.
List of Tax Havens begins...
Albania
I have been assured that the tax rate is around 7% to 10% in this
South East European country, and that tax solutions are possible
because of the banking arrangements.
Andorra
*
Mountainous country in the Pyrenees between France and Catalonia.
Well known for being an independent tax haven nation. I've heard
the skiing is good, too.
Anguilla
*
Anyone have anything nice to say about Anguilla? Yes, they do. A
helpful contributor writes: "It’s a beautiful Island in
the Caribbean and you need to check it out, trust me, you will
not be disappointed. Anguilla has the best beaches in the whole
of the Caribbean and it has 2 Hotels rated in the world’s
top ten. It could be considered expensive, but since you like
travelling, it shouldn’t be a problem for you. I believe
this is the Country you’ve been looking for, I think, its
definitely a Country you would love to live. If you would like to
get a feel of Anguilla – Check out – www.footprintscharters.com ". So,
now you can look into this and make your own mind up.
Antigua and Barbuda *
There are some funny laws in Antigua, for example you're not
allowed to wear any outfit made of camouflage patterned material,
regardless of the style. I wonder when Barbuda will gain its
independence. Redonda has already declared independence, even
though its population is generally zero.
Aruba
*
Aruba is a popular tourist destination, a Dutch island in the
Caribbean just off Venezuela. There is almost no crime.
Bahamas
*
"Red Carpet Not Red Tape" - There are no taxes levied
on capital gains, corporate earnings, personal income, sales,
inheritance, or dividends. However there is a 1-2% tax/year on
property ownership, and a few import taxes.
Bahrain
*
An Arabic country which the OECD said was a tax haven. I'd tell
you more, but when I visited the embassy in London, it was shut,
and all the post had been stuffed under the door. More recently,
bad news came in via the BBC World Service, where people told
their own stories about how the oppressive regime was misusing
medical information to persecute anyone who didn't agree with the
government. Maybe Bahrain will take its place alongside Tunisia, Egypt,
and Libya, in the list of countries whose leaders have been
overthrown because the people wouldn't put up with the tyranny
anymore.
Barbados *
Possibly a low tax country, some sources claiming tax rates to be
about 2% or thereabouts. Other info, from several sources, is
that Barbados is no longer a tax haven, and that the tax is more
like the UK (40%). These issues are largely being solved as we
are about to announce a report from the place, telling first-hand
experience of what Barbados is really like. The news is mostly
good! Watch this space, and look forward to seeing a new page
about Barbados. Current
evidence is that Barbados is a low tax country.
Belize *
Current information to hand suggests there is a 6% tax on
companies operating within the Belize market, but not
international businesses which are encouraged to move there (IBC).
Business expenses aren't considered. Also there is some purchase
tax, and some import duty, on some items. I was so impressed with
the place that I bought a web domain there. See www.zyra.bz! I was so
sure Belize was the place for me to emigrate to, that I went
there for three months as a test. Unfortunately I was strangled in Belize and
subsequently found there was police dishonesty and prejudice, so
I will not be moving to Belize! It is my considered opinion that if
you can't trust the police, it's a problem. Largely, the
police corruption in
Belize is what spoils the
place.
Bermuda
Any company in Bermuda has to be 60% owned by Bermudians. I was
not sure if it was possible to become a Bermudian by being
granted citizenship or whether you had to be born a Bermudian.
However, a helpful contributor has sent in this useful paragraph:
"Citizenship -
Bermuda Status - is not given to any non-national unless he or
she marries a Bermudian - and then only if they qualify. A non-Bermudian
who marries a Bermudian and wishes to apply for local citizenship
(Bermuda Status) must (a) have been married to the same Bermudian
for 10 (ten) continuous years; (b) during that marriage, been
ordinarily resident in Bermuda for at least seven (7) years, the
last two (2) years of which must be continuous to the date of
application; (c) have been living together with the Bermudian
spouse as husband and wife continuously for the two (2) years
immediately before the application; and (d) be of good character
and conduct".
British
Virgin Islands *
About 60 islands in the Caribbean, all small. Cost of living is
high. Nice place, but I'd question whether this is a tax haven.
At 20% tax, it's almost half that of the UK! However, there are
some cunning tax solutions which you should consult a tax adviser
about. Ask about the BVI.
Canada
I wouldn't have considered Canada as a tax haven, and I would guess that Canadians would agree with me on that! However, I have been informed "Canada lets you set up a 5 year immigrant
trust which is tax free. This basically means that you can move to Canada and,
provided you have money and an accurate TurboTax Online program,
investments or a business already in place, you can set up an immigrant trust and be tax
free for 5 years (on all money other than earned in Canada).
Because it takes 3 years to become a citizen you can actually get
5 years tax free and change nationality and leave before you get
taxed. Once you leave - you remain Canadian but you are not
taxable in Canada. Canadians get special treatment on living /
working in USA." ... Interesting? See a tax adviser! Plus,
although Canada is often regarded as a nice place, with plenty of
open space and fresh air, not everyone likes it. See Not Canada.com (link http://www.notcanada.com/ removed because it's been cybersquatted).
Canary Islands
The Canary Islands is not a tax haven currently (2005) as it's
part of Spain. However, after Canary Islands independence, it
might be different.
Cayman
Islands
In the Caribbean, just South of Cuba. No income tax, no
inheritance tax. Zero percent tax. Some VAT and hotel tax etc.
Property price cheaper than in London but more expensive than Up
North. Entry requirements: selective. There is a problem however,
which is that the place is notoriously not diversity-friendly!
Describing the place as a tax haven or as tax-neutral, either is
good. However, the Cayman Islands should accept people who are
different. I suggest avoiding the place until they get their act
together on lgbt human
rights.
Cook
Islands *
You can't own land there, and it's quite difficult to be accepted
as a citizen (2006), but there are many good things about the
Cook Islands, if your desired life style fits. The place to find
out more is: www.cookislands.org.uk
Costa Rica +
Costa Rica is a republic in Central America where they don't just
accept the normal assumptions that many places do. Such things as
having armed forces, planning permission, tax, rules about
gambling. Costa Rica doesn't bother with such things. Income tax
is only charged on income made actually in Costa Rica, with
international income being exempt. For migration to Costa Rica a
helpful contact is ARCR.NET. Also see Costa Rica Real
Estate. Costa Rica is a
very ecological place, with some of the best biodiversity, and
policies to conserve the environment. Costa Rica now enjoys new
found fame as a Tax Haven since the OECD tried to
put shame on it for being a Tax Haven. Well, SHAME ON THE OECD
then! Costa Rica is a great place, and has a certain independence.
People move there, not just for the tax-exempt status, but also
because of the freedom! Long may Costa Rica flourish as a Tax
haven, free of the oppressive attempts at global homogenisation
by the OECD!
Cyprus
An island in the Mediterranean. Half of it is Greek, and the
other half Turkish. The regimes don't get along well with each
other, but most of the people just get on with life and don't
worry about the politics.
Dominica
*
Commonwealth of Dominica. As distinct from the Dominican Republic.
It's a small island in the Caribbean. There is no capital gains
tax in Dominica.
Dominican Republic
The people at the Embassy in London are very friendly and
welcoming. There's a lot of paperwork to read through, so I'll
tell you more later on this. However there is some conflicting
evidence suggesting that the Dominican Republic is not a tax
haven. Someone said the tax rate was 35%. Is that true? It may be
like Costa Rica where
there's only tax on local income, but no tax if your income is
international, for example if you make money
running a website. Best to ask an
Independent Financial Adviser. I think it's a tax haven, but best
to make sure it's right for you.
Dubai
The built-up city of Dubai and the Emirate of Dubai, part of the
United Arab Emirates. It's hot and dry and a place of great
prosperity. An attractive place for expats as it is much more
tolerant and Westernised than most Arabic places, although still
too strict for some. My opinion is that Dubai could benefit from
being more open-minded and diversity-friendly. If you'd like to
go there and see for yourself, you could fly Emirates. More
information about Dubai as a tax haven can be found at No Tax.ae
. Another issue was raised by Panorama (BBC) in early 2009. The
migrant workers being brought in to Dubai to build the luxury
developments were found to be living in squalid conditions and
being paid very poorly. (ie. in debt) . Supporters of free range chickens have
something to say about this!
Ecuador
Apparently,
"Ecuador does not levy tax on income earned outside the
country by foreign residents", according to a helpful
contributor.
Fiji
Although
initially considered an option, even though Fiji did not appear
on the OECD Tax Havens list, a problem has been spotted recently
which make this tropical pacific country a problem best avoided.
It's not just problems with the Fiji bottled water issues, but
more a matter of what happens when you even dare to speak of it.
There is no Internet Freedom. The government spies on everything.
It's a police state. See what happened to Anna Lenzer there : http://motherjones.com/politics/2009/09/fiji-spin-bottle . See, the
thing is, persecution of Internet writers does not do a country
any favours. Also see what's happened to Belize after the
country's endemic corruption was exposed.
Gibraltar
*
The Rock of Gibraltar, one of the Pillars of Hercules, a the
gateway to the Mediterranean. Tax advice given by travel agents
suggests this is good, but we're going to ask accountants to make
sure.
Grenada
*
Caribbean island.
Guatemala
Apparently,
"Guatemala does not levy tax on income earned outside the
country and foreign residents with no income from sources within
Guatemala are not even required to report their income or file a
return", according to a helpful contributor. Guatemala would
like to own Belize, but it
doesn't. Folk in Belize can do without Guatemala invading, which
would be an outrage. There is a good point about Guatemala in the
news (2012), which is that it may be one of the first Central
American countries to put an end to the ridiculous "war on
drugs" and instead have recreational drugs legalised. That
would do the country a lot of good, would be good for tourism,
and would be a slap in the face for conformist puritanical
fundamentalist politicians in the USA. It would also be good
commonsense, to stop wasting money on a futile "war"
that can never be won.
Guernsey
*
Channel Islands Guernsey /
Sark / Alderney. The tax rate in Guernsey is 20%, which is quite
high, but not as bad as the mainland UK. Also, the regime is
distinctly different to the UK, so there may be better
opportunities for tax avoidance. Incidentally, Alderney is the
registered regime of choice of Blue Square Casino, so that's
a plus sign for the place!
Ireland
Depending on your line of business, Ireland could be a
tax haven. Money made by being an artist is somehow tax exempt!
Also a comment received here is "Ireland is pretty low tax
provided you funnel everything through a corporation. I think
they are down to 12% tax or lower now. (2006) Like England,
Ireland is a tax haven if you are not Irish, live there but have domicile elsewhere".
But remember: It's not tropical!
Isle of Man *
In the Irish sea between mainland Britain and Ireland, so not
exactly tropical! However many tax haven companies are
established there, although they don't all live there. If you
like the British seaside (in winter as well as in summer), and
you don't mind paying 10% tax*, the Isle of Man could be a place
to move to. Incidentally, most of the hotels on the promenade are
now banks! As far as I know, even if you don't live in the Isle
of Man, you are allowed to have an offshore bank account in the
Isle of Man and avoid paying tax provided you don't live in the
UK. * Note: The tax rates in the Isle of Man have been said to be
as low as 5% or as high as 18%, but it depends on your financial
circumstances, and also on how you configure your offshore
company. Get the advice of an Independent Tax Adviser!
Isle of Wight
Although the Isle of Man has a special tax haven status, and it
might be imagined that the Isle of Wight is a tax haven for
similar reasons to the Isle of Man, the sad fact is that the Isle
of Wight is not a tax haven. Perhaps it should be. It would
improve the local economy.
Jersey
*
One of the Channel Islands, gaining
splendid publicity by the television series Bergerac. To buy a
house in Jersey and to live in that house requires you to have
either: 1. been born in Jersey, or 2. lived in Jersey for 5 years,
or 3. Have five million pounds in the bank. (The exact conditions
are slightly more involved, but in essence you need to be very
wealthy to qualify). This paragraph is being adjusted, thanks to
helpful people at HSBC
Offshore which is an
international bank in the tax haven of Jersey. Now although some
people have seriously questioned the merit of Jersey because of
archaic laws (eg. sex discrimination in the laws of inheritance,
etc), you don't have to live in Jersey to get some of the tax
advantages, for example by your money being in a bank account
there.
Kaliningrad
A Russian Tax Haven. Included here, not because you'd necessarily
want to move there, but because the history shows that when a
place has a favourable tax status, it grows in prosperity.
Kaliningrad is a Russian enclave surrounded by Lithuania, Poland,
and the Baltic sea, but it has a special tax status and that has
attracted investment. So one of the few parts of Russia which is
likely to make a profit this year! For more about this, see http://en.wikipedia.org/wiki/Kaliningrad_Oblast
Liberia
*
African country, well-known for being a Flag of Convenience. It's
settling down after the revolution, and it will be interesting to
see if the new regime is good.
Liechtenstein
*
The Principality of Liechtenstein - A small country in the middle
of Europe. I've heard it's expensive to live there, but I'm sure
someone will write to me and tell me more about it. It is a
sovereign nation, so let's hope other countries will respect that. (Since the
end of the Second World War, countries in Europe have a history
of sticking together, and if some foreign power tried to invade/bully/victimise
Liechtenstein, let's hope the countries of Europe would unite
against the aggressor). Liechtenstein has acquired additional
fame recently (2011) for it being possible to rent the country
for a day (subject to some conditions) for £40,000
Luxembourg
A small country in the middle of Europe. Famous for Radio
Luxembourg 208.
Macedonia
In 2009 there was some publicity about the Republic of Macedonia
as a Tax Haven, see www.investinmacedonia.com. Well Done
to Macedonia for being declared as a tax haven! There are still
questions by some people, wondering if Macedonia really is a tax
haven or not, but we will see what investors have to say! Macedonia
is not to be confused with Montenegro the home of .ME domains (for
example Zyra.ME), although
Macedonia and Montenegro are both newly liberated regions which
were part of the old Yugoslavia.
Malaysia
+
My tax adviser suggested Malaysia as an option, and it's true it's
in the up-and-coming East which could change the balance of power.
However, what puts me off is the strict religious culture.
Nevertheless, Malaysia gets included in the list following the OECD's decision
to "name and shame" tax havens, and it's decided to
pick on Malaysia. So, let's do the opposite and say Well Done to
Malaysia for being a tax haven, if that's what it is.
Maldives
*
The Republic of Maldives. Many coral atolls in
the Indian Ocean. Pretty, but there are worrying questions about
the sea level. The diving is very good.
Malta
Islands in the Mediterranean. Does this count as as tax haven?
The tax rate is 15%, but there are special discounts for
electronic manufacturing companies because they're the latest
fashionable thing! That doesn't include Internet companies, so I
have heard, which seems a bit odd.
Marshall
Islands *
The Republic of Marshall Islands. They are islands in the Pacific.
I'm sure they're very nice, but they are tricky to get to, and
there is no high ground. However, they have a ship registry which
provides a useful flag of convenience.
Mauritius
Indian Ocean Island off East Africa - "The Cyber Island"
- Permanent residents who invest at least $500,000 welcome. It's
very popular, and is becoming rather crowded.
Monaco
*
Monte Carlo, gambling casinos, grand prix racing. The country
with the world's highest population density. Current opinion
suggests you need to be very rich to afford to live there.
Montserrat
*
Volcanic island in the Caribbean. Misfortune has struck the place,
and the tax haven migration possibilities were diminished when
the volcano erupted and destroyed the capital city and the
airport. However, Montserrat is still a country and could
potentially turn itself into an ideal offshore company
registration place, thus affording to rebuild the place. To help
restore the tax haven of Montserrat, see The Montserrat
Tourist Board
Nauru
*
Still recovering from the frittering-away of the Pacific island's
natural resource (phosphates), Nauru is looking for someone with
a brilliant idea to put it back on the world economic map. If you
travel to Nauru, local people there may ask you "why ever
have you come here?"
Netherland
Antilles *
The Dutch Antilles. These include St Eustatius, Saba, and Sint
Maarten, and in a separate group Curacao and Bonaire. Previously
Aruba was also included. Being culturally Dutch, they are more
open-minded than some places.
New
Zealand
Although New Zealand is not primarily a tax haven, there are some
tax situations in which you can migrate to New Zealand and have a
tax-efficient arrangement. Ask a professional adviser! Also,
there is a Migration to New Zealand Guide (was http://www.nukiwi.com/299t7mFw.htm?hop=zyra1
- lost because of Clickbank
Problems). I'm a bit put off
by the fact that New Zealand is hidebound in overbearing rules
like the UK is. If you don't believe this, take a look at what
you're forbidden from taking there with you. On the positive side,
though: Lord of the Rings has done the PR of New Zealand a huge
amount of good! The Tolkienian scenery is real!
Niue
*
in the Pacific
Panama *
The land between North and South America. Famous for being a Flag
of Convenience, and for having a canal by which
ships can take a shortcut across the Isthmus and so avoid a round-trip
round Cape Horn. Upon my visit to Panama I was made welcome, and
I get the impression that Panama is a truly International place
where culture and business is connected with the rest of the
world. I am hoping to get an affiliate program with the tour
operators whom I can recommend as they organised the travel so
well, and also here's some links to some helpful Panama Real Estate people!
Also see Panama Contacts. Update: I
have now actually moved to Panama and set up
home there. I can recommend it. For more about this, I suggest
you have a look at some of the pages I've written and connected
up from the page about Panama. Panama is
a tropical paradisian place with palm trees wafting in the breeze,
but also it's very much a place where capitalist business is
welcome. The Panama City skyline has towering skyscrapers, some
with adventurous architecture, and it never gets cold as the city
streets are as hot as a tropical hot-house.
Philippines
+
Again the OECD has
highlighted a country and told everyone to think badly of it. Now
whether the Philippines is a true Tax Haven and worth
congratulating, visiting, and possibly moving there, is another
matter. The problem is police corruption, which you can see a
link about on the page of Injustice
Samoa
*
Or Western Samoa. In the Pacific. Very traditional.
San
Marino
Although an independent country, San Marino is entirely
surrounded by Northern Italy. Although suggested at some time as
a tax haven, I have been reliably informed: "Remove San
Marino - at 50% personal income tax, who would bother moving
there?"
Seychelles
*
The Republic of Seychelles
Sri Lanka
There are probably some tax haven like things about the large
island of Sri Lanka off India, if you get the tax planning right.
Sri Lanka, also known as Ceylon and famous for tea, has an
interesting combination of ancient Buddhist culture and old-style
British Empire influence. There's an old-style charm about the
place, and people are friendly and courteous. Good tea as well.
If I were to criticise the place, it would have to be over
inflexibility and stubbornness, a problem which has resulted in
the troubles with the dispossessed peoples of Tamil Eelam, whose
future independence would bring a much more amicable relationship.
St
Lucia *
Caribbean island. Regimes take it in turns to rule the place.
St
Kitts and Nevis *
Or "The Principality of St. Christopher and Nevis".
Apparently more go-ahead than most Caribbean islands. A good
barometer of this is the test for "diversity friendly".
St
Vincent and the Grenadines *
Or "The Republic of St. Vincent". It's an old volcano,
but it's a long while since it erupted last.
Switzerland
Switzerland has many things to recommend it. I have heard that in
Switzerland you can have a business arrangement with the
authorities to pay a flat rate and then earn as much as you like.
The Double Tax treaty means that you are free to move the money
to wherever you want after 12 months. It would be interesting to
know what the level of the flat rate might be. Also note:
Switzerland is a true democracy, unlike many pseudo-democratic
countries that pretend they are democracies.
Tonga
*
Or The Friendly Islands. About 150 islands in the South Pacific.
In my opinion, Tonga looks less good since they invaded the
independent country of Minerva
Turks
and Caicos *
Many islands south of the Bahamas. Turks and Caicos is a British
dependency. From what I've seen, it is very old-fashioned,
possibly to the point of being "stuffy".
UK
There are various Good and
Bad things about the UK. I have been told
that there is a perspective in which the mainland UK is a tax
haven, provided you are not British. The trick is to be non-domiciled.
Exactly how this works, I do not know. I for one, have worked for
quite a long while to escape from the UK!
Uruguay
+
I wouldn't have thought Uruguay was a tax haven. Of course if it
were, then well done to Uruguay! Uruguay has been showing a good
lead on the move to abolish Prohibition, effectively trying to
encourage the other Mercosur countries to make drugs legal in
order to break the link with organised crime. If Uruguay
legalised all drugs, it would put the stuffy puritanical
countries to shame, as it would be a free country in the sense
that you'd be free to take drugs if you so chose. After all, it
should be a free choice for the individual person, and not
something the state should interfere in. Anyway, Uruguay is on
this list for now, as the OECD has decided to name and shame it.
I say let's Name and Fame these places where
there's still some freedom!
US
Virgin Islands *
Includes St Croix (famous for golf), St Thomas, and St John.
These are in the Caribbean.
Vanuatu
*
The Republic of Vanuatu. As far as I know, tax rate is 5%. Nice
tropical location in the Pacific, but there is a law against
foreigners owning land, but I'm not sure if it's possible to
cease to be a foreigner by living there a while. Also see
the BBC's comments about Vanuatu. Plus, as well as
being the home of a famous online pharmacy, Vanuatu is also
famous for having at least one island where the locals have put
up a valiant defence against christianity. Look up in searches:
John Frum.
Tax Havens are nothing to do with tax evasion and crooked business activities generally. It's no good political pundits making a big fuss and begging to people's feelings of self-poverty with a plea of "everyone must pay tax". The fact is, no country controls the world, and no country should be allowed to control the world. There is fair competition, and that means that you should be allowed to escape from whatever tax-tyranny you live under and move to another country where there is more freedom. So, ask yourself, "Do you like paying tax?". If your answer is "No!", then consider carefully your options. You could move to another country where the tax is less, and possibly zero. You should be free to make that move. No government owns you. Also see No ID
Much of the confusion is generated because of an almost deliberate desire to mislead and to mix up the ideas of Tax Avoidance (which is honest) and Tax Evasion (which is crooked). This, and a quazi-communist notion about business (in the poverty-stricken land of Britain in the credit-crunch), led to an extraordinary incident in which someone being interviewed on the BBC documentary programme "Panorama", apparently accused the Royal Family of Liechtenstein of being crooks. Well no, they are not, and the reason the accuser won't end up being tried for treason is because they are not living under the rule of the laws of Liechtenstein. Similarly, people not living under the laws of [USA/UK/ insert country here] don't have to abide by those laws, and that includes their tax laws.
There is an issue of Transparency, which is really a matter of having your financial affairs sufficiently open that it's possible to see that there isn't a money-laundering racket going on, tax evasion in another country, etc. However, you have a human right to have a private life as well as a public life, and what you do in private is no-one's business but your own!
* = was on the 2004 OECD list of tax havens regarded for some reason or other as un-cooperative. We don't necessarily agree with the OECD and have asked them politely and diplomatically what they regard as the "harmful tax practices" which they are hoping to eliminate. They haven't replied yet. This lack of reply has been interpreted here as tacit confirmation that the OECD's true agenda is to form a cartel/monopoly of high-tax countries to enslave the entire world. We don't want them to get away with that, and it should be up to each country to compete on a fair basis to be the most favourable tax regime, and then for individuals to "vote with their feet" and move to the best countries. Ultimately this could leave high-tax countries in a position of having very few wealthy people remaining, and the high-tax countries would then fall en-bloc like the failed Communist USSR.
+ = was mentioned on the 2009 OECD list of tax havens singled out as worth victimising in a Name and Shame campaign. However, I say, let's Name and Fame those countries that have the glorious title of Tax Haven. Tax Havens are good! They give You the chance to escape from whatever tax tyranny you live under, and move to somewhere that's got more freedom. So, Well Done to the Tax Havens! See Escape to a Tax Haven
High tax countries could actually be put out of business sooner than previously expected, now that there's a "credit crunch". Note that there is no "economic downturn" or "recession" in the tax havens, although it is a global recession and that affects international business such as that on the Internet.
Well Done to any country declaring itself to be a Tax Haven, as that's another place where there's freedom and prosperity!
Obviously this is a bit sparse on information to start with. But, if you know something about the international situation on tax havens, e-mail me and the page will be adjusted and improved. There's also the ultimate tax haven idea of buying an island, but that's a bit more adventurous!
Most tax havens are small countries, and further research shows a possibility that there may be tax havens within the list of micro nations at www.angelfire.com/nv/micronations/real.html , although that useful page is more to do with sovereignty rather than tax.
There's a useful information resource at the Index of Economic Freedom (Gone! Was http://www.heritage.org/research/features/index/countries.html ) where countries are compared. Although useful and informative, there are strange quirks where some countries which clearly have appallingly high tax (such as the UK) are rated as more "free" than some of the places that charge no income tax and no inheritance tax, such as some of the Free Caribbean countries. Incidentally, a good litmus-test of how free some countries are is to look into the Lesbian and Gay issues. (You don't need to be gay to do this, anymore than you need to be a polar bear to know that global warming could be a problem).
Note that tax havens aren't always tax havens for all people. Much of this depends on domicile and on each person's own individual circumstances.
Other kinds of havens: Haven Europe and Haven Holidays
This Tax Havens feature is going to be updated now I have actually visited some tax havens! It's important to know, when choosing where to live, it's not just the Tax that matters! You need to find somewhere that has a culture which you can get on well with. So, first do some research in advance, and then... Travel! This also opens up the wider question of choosing which country to move to as there are many things to consider, not just tax.
Regardless of the pontificating of mainstream politicians (communists in disguise), Tax Havens are Good! If you became rich, surely you would prefer not to vote for them, and instead choose to vote with your feet by Escaping to a Tax Haven. Remember: It's your money, so it's best if you can keep it and avoid the government stealing it.
When escaping from a tax-laden overburdening and bankrupt country, it's important to make sure you really escape, rather than leaving any doubt for courts to make up arbitrary decisions based on guesswork.
Another useful contact: Magazines for Expats
Offshore Bank Accounts: When you have an international lifestyle and/or live in a tax haven, it's a good idea to have international bank accounts that can cope with your Expat Status. The prime choice here is Barclays Offshore which offers specialist expat banking services, which work internationally, based on the Isle of Man. Welcome to Barclays Wealth at this site! Other options for offshore bank accounts include HSBC Offshore and Lloyds TSB International, but these are currently (Issue154) both missing out! Well it's a free-market economy and Barclays Offshore will be happy about it.
The Spanish term for Tax Haven is Paraísmo Fiscal, which literally translates as a fiscal paradise. Some of these places really do have paradisian qualities to them, but it's best to visit to make sure if a particular place is for you.
You are welcome to link to this page from your own site. There is a safe deep linking policy here.
Well Done to Google for getting the name of this page correct. Yes, it is "Tax Havens", and it is indeed a List of Tax Havens. It is a shame that so many other of the pages in Google results aren't anything like as good as this. Something wrong with the algorithm?
Stuff search engines! The fact is, People like this page! They've come here to see an in-depth commentary about tax havens and to learn a bit about them. This page is a helpful basis for the start of research into choosing which country to live in
This page is by Zyra, who is a tax exile, having escaped from the UK and moved to Panama. Zyra's success has come from this website Zyra.org.uk which you may like to explore.