World News: These Countries Do Not Require Citizens To Pay Income Tax

Income Tax News: There are many countries in the world where the citizens do not have to pay income tax. These include Qatar, Oman, Bahrain, Kuwait, The Cayman Islands, and others. As most of these countries deal with the crude oil and gas mines business, these countries are considered rich and do not mandate their citizens to pay taxes.  the rich countries earn well. Take a look at these countries.  

United Arab Emirates 

UAE deals with the crude oil business and the economy of the country its economy is based on it. Due to this, income tax is not taken from the citizens here. 

The Bahamas 

Known as the “heaven for tourists,” The Bahamas lies in the Western Hemisphere and the citizens living here do not have to pay income tax. 

Brunei 

Brunei is a South East Asian country. Similar to UAE, Brunei has a gas and crude oil mine, and mostly has a crude oil business, so the citizens do not have to pay tax.

The Cayman Islands 

This country lies in the Caribbean region of North America. This is a tourist attraction and many people come here to take a vacation. Here also no income tax is given. 

Maldives 

One of the most preferred tourist destinations, the people living in Maldives do not have to pay income tax.