The Best Countries for Expats, With Low Tax and High Quality of Life



The UK announced Wednesday that it would scrap its non-dom status, which allows people who live there but have permanent residency abroad to avoid taxes on their foreign assets for 15 years.

The overhaul of a system that has provided preferential treatment for wealthy foreigners comes as the growing wealth gap in many western countries is pushing some to restrict tax and citizenship benefits aimed at expats. Portugal last October announced plans to get rid of its non-habitual resident program, a policy that let foreigners pay lower income and pension taxes than locals for 10 years.



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About the Author: Tony Ramos

Tony Ramos is a seasoned expert in business funding and real estate investment, with a remarkable journey spanning over 20 years. His expertise in flipping properties and implementing the buy-and-hold strategy has positioned him well in the real estate investment sector. Tony's profound understanding of financial strategies extends to teaching individuals and businesses how to become debt-free and leverage the power of LLCs for funding. For insights, mentorship, or collaboration opportunities, Tony can be reached at businessfundingnopg@gmail.com. Connect with him to unlock the potential of smart financial strategies and embark on a path to financial success and freedom.

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