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List of Foreign source income tax free country for Expat

troubled soul

troubled soul

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Aug 23, 2020
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#1
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  1. Angola
  2. Anguilla
  3. Belize
  4. Bermuda
  5. Bhutan
  6. Bolivia
  7. Botswana
  8. British Virgin Islands
  9. Costa Rica
  10. Democratic Republic of the Congo
  11. Djibouti
  12. Eswatini
  13. Georgia
  14. Guatemala
  15. Guinea-Bissau
  16. Hong Kong
  17. Lebanon
  18. Libya
  19. Macau
  20. Malawi
  21. Malaysia
  22. Marshall Islands
  23. Micronesia
  24. Namibia
  25. Nauru
  26. Nicaragua
  27. Palau
  28. Palestine
  29. Panama
  30. Paraguay
  31. Saint Helena,
  32. Seychelles
  33. Singapore
  34. Somalia
  35. Syria
  36. Tokelau
  37. Tuvalu
  38. Zambia
 
#10
complex said:
Philippines as well. (why does my post have to be longer).
Click to expand...
how?
1647758602002.webp
 
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#12
Puzel12 said:
View attachment 3394
Click to expand...
@Puzel12 Why do you post that?
It is an incomplete screenshot which misses out on the important distinction between resident citizen and resident alien.

@complex is absolutely correct with his assesment. Considering the title of this thread, the Philippines should have a prominent place on this list!

Relevant:
Resident citizens are taxed on worldwide income, resident aliens are taxed on Philippine sourced income only.
Ref. to RA 8424, Title II, Chapter III, Section 24 (A)(1)(c).

For anybody who wants complete and up-to-date info (besides my above posted RA), read -> Philippines - Individual - Taxes on personal income (2. sentence).

Click Philippines - Individual - Taxes on personal income
 
Last edited:
#13
azb1 said:
  1. Angola
  2. Anguilla
  3. Belize
  4. Bermuda
  5. Bhutan
  6. Bolivia
  7. Botswana
  8. British Virgin Islands
  9. Costa Rica
  10. Democratic Republic of the Congo
  11. Djibouti
  12. Eswatini
  13. Georgia
  14. Guatemala
  15. Guinea-Bissau
  16. Hong Kong
  17. Lebanon
  18. Libya
  19. Macau
  20. Malawi
  21. Malaysia
  22. Marshall Islands
  23. Micronesia
  24. Namibia
  25. Nauru
  26. Nicaragua
  27. Palau
  28. Palestine
  29. Panama
  30. Paraguay
  31. Saint Helena,
  32. Seychelles
  33. Singapore
  34. Somalia
  35. Syria
  36. Tokelau
  37. Tuvalu
  38. Zambia
Click to expand...


This list could be misguiding IMHO. Without understanding what is foreign sourced income, and Permanent Establishment/Controlled Foreign Corporation laws in a country, you could easily break local tax laws of the country.

For example, Georgia shouldn't be on the list if you run an active enterprise from Georgia, read more here: Is Foreign Source Income In Georgia Tax Free? Read The Small Print... & Tax Liability For Foreign Business Owners Living In Georgia -
 
#14
andrew28fl said:
This list could be misguiding IMHO. Without understanding what is foreign sourced income, and Permanent Establishment/Controlled Foreign Corporation laws in a country, you could easily break local tax laws of the country.

For example, Georgia shouldn't be on the list if you run an active enterprise from Georgia, read more here: Is Foreign Source Income In Georgia Tax Free? Read The Small Print... & Tax Liability For Foreign Business Owners Living In Georgia -
Click to expand...
This is the case in many of these countries. Territorial taxation -in most cases- is only interesting for people who receive passive income (-> interest, dividends, sporadic capital gains from stock market transactions without active trading).
 
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