Tax-Free Havens: Explore 12 Financial Paradises Worldwide

6. Kuwait: Oil-Rich and Tax-Free

Kuwait, a nation deeply entrenched in oil and petroleum, boasts a substantial GDP without burdening its citizens with personal income tax. However, a 15% corporate income tax on businesses ensures revenue for the government.

Known for its commitment to renewable energy, Kuwait positions itself as a regional finance leader, offering economic stability amidst its oil wealth.