Tax-Free Havens: Explore 12 Financial Paradises Worldwide

11. The Bahamas: Sun, Sand, and Financial Freedom

The Bahamas, an archipelago of paradise islands, relies heavily on tourism, international banking, and investment management. Remarkably, it is the sole country in the Western Hemisphere not part of the World Trade Organization.

Immigration to The Bahamas is possible for foreign investors with a residential property purchase of at least $500,000. The Immigration Act allows for a stay of up to 10 years, providing an avenue for those seeking a tropical tax haven.