Tuesday, April 23, 2013

Sick to Death of Taxes? Relief Here!

Sick to death of taxes?  Aren't we all?  And US has to be the grabbingest taxman of all.  Especially considering the numbers of non-US residents, even non-US citizens, who are trapped in the IRS Tax Net.  So this post - like others of tax-related ilk - is hardly limited to a US-citizen readership!

Ta-Da!  Welcome to the list of countries with NO Personal Income Tax!
* Andorra
* Anguilla
* Bahamas
* Bahrain
* Bermuda
* British Virgin Islands
* Brunei
* Cayman Islands
* Kuwait
* Maldives
* Monaco
* Oman
* Qatar
* Saudi Arabia
* St Kitts & Nevis
* Turks & Caicos
* United Arab Emirates (Dubai, Abu Dhabi, et al.)
* Vanuatu

So, if you're looking for a job overseas, look to these.  If you're trapped in the US Tax Net, you won't get out of that, but at least you have no other income taxes (or filings) to deal with.  Foreign Earned Income Exclusion for 2013 is $97,600.  So you could live tax-free (if not totally paperwork-free).  Those outside the draconian IRS net will be truly tax-free and paperwork-free.

For retirees eager for a simpler lifestyle, these could be worth considering!

Some of these, I would not want to visit, no less attempt to live there as a Road Warrioress.  But there are several nifty ideas here!

May your road rise to meet you!
Ann

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