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Answers · current to October 2026

The best countries for high net worth individuals.

A large fortune meets 4 taxes: on income, on gains, on wealth each year, and on what the children inherit. 10 of the 47 countries and territories on the board levy none of them. Here is every one, ranked on those 4 and then on how well it lives.

In short, current to October 2026

  • 10 of the 47 countries and territories on the Patrician.ch board tax a high net worth mover on none of the 4: income, capital gains, annual wealth, and a child's inheritance. 12 tax 1 of them.
  • Ranked on those 4, then on the engine's default reading of safety, schools, sun, beauty, cost and the route in, the first 3 are Dubai (the UAE), Anguilla and Monaco.
  • In Europe, Monaco ranks first, taxing none of the 4. In the EU the best placed is Croatia, taxing 1 of the 4 at Hvar.
  • Where the money was heading in 2025, on Henley's forecast: the UAE a net gain of 9,800 millionaires, then the United States with 7,500 (Henley counts $1M or more in liquid investable wealth).
  • Income tax is read on $1M a year, capital gains on listed securities, wealth tax at the top rate, and inheritance as it falls on a spouse and children. A US citizen stays inside US income and estate tax wherever they live. Current to October 2026.

Each address on this page was last checked against its official sources between and . The sources for each are named on its page.

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated . Cite as: Patrician.ch, Best countries for high net worth individuals, 2026: 47 ranked, patrician.ch/answers/best-countries-for-high-net-worth-individuals/, October 2026.

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By the Patrician.ch research desk · Updated 5 November 2026 · 11 min read
Dubai, UAE
Dubai 🇦🇪 UAE
Anguilla
Anguilla 🇦🇮 Anguilla
Monaco
Monaco 🇲🇨 Monaco
Christophe Harbour, St Kitts and Nevis
Christophe Harbour 🇰🇳 St Kitts and Nevis
By country

Every country on the board, on the 4 taxes.

Each country is shown at its leading address. Ranked by how many of the 4 it levies, then by the engine's default reading.

#Country, leading addressIncome tax on $1MCapital gainsWealth tax, top rateChildren inherit
1The UAE, Dubai0%0%none0%
2Anguilla, Anguilla0%0%none0%
3Monaco, Monaco0%0%none0%
4St Kitts and Nevis, Christophe Harbour0%0%none0%
5The Cayman Islands, George Town0%0%none0%
6Antigua and Barbuda, St John's0%0%none0%
7Turks and Caicos, Providenciales0%0%none0%
8The Bahamas, Nassau0%0%none0%
9Panama, Panama City0%0% on foreign gains, 10% on Panama source gainsnone0%
10The British Virgin Islands, Virgin Gorda0%0%none0%
11Andorra, Andorra la Vella10%0%none0%
12Gibraltar, Gibraltar6%0%none0%
13Barbados, Platinum Coast27%0%none0%
14Singapore, Singapore21%0%none0%
15Hong Kong SAR, Hong Kong15%0%none0%
16Croatia, Hvar29%0%none0%
17The Czech Republic, Prague22%0%none0%
18Jersey, Jersey20%0%none0%
19Cyprus, Limassol34%0%none0%
20New Zealand, Queenstown38%0%none0%
21French Polynesia, Bora Bora25%0%none0%
22Luxembourg, Luxembourg43%0% after 6 months under a 10% stakenone0%
23Uruguay, Punta del Este0%0% for 11 years by qualifying election, then 12%0.1%3%
24Bermuda, Tucker's Town11%0%noneup to 21%
25Montenegro, Tivat17%17%none0%
26Malta, Valletta34%0%none5%
27Portugal, Lisbon48%28%none0%
28Indonesia, Bali33%35%none0%
29Australia, Sydney45%24%none0%
30Greece, Athens43%0%none1% to 10%
31Austria, Vienna48%28%none0%
32Israel, Tel Aviv45%30%none0%
33Switzerland, Zug21%0%0.22%0%
34Mexico, Los Cabos34%10%none0%
35Liechtenstein, Vaduz18%0%0.8%0%
36Dominican Republic, Casa de Campo25%25%none3%
37Thailand, Phuket33%35%none5%
38Spain, Palma47%28%3.5%0%
39The United States, Aspen36%28%none40%
40Argentina, Buenos Aires34%15%0.75%0%
41Germany, Munich45%26%noneup to 30%
42Japan, Tokyo52%20%noneup to 55%
43St Barths, Gustavia44%35%none0% local
44The United Kingdom, London43%24%none40%
45Puerto Rico, San Juan31%15%none0% local
46France, Provence44%35%1.5%up to 45%
47Italy, Rome46%26%0.2%4%
See these 2 places for your own income.Dubai and Anguilla, side by side on your income, passports and family. Free, in the ranking of all 100. Then the Dossier: a written report in 10 chapters on the 3 places that rank first for you. The Dossier is $500. The founding price, $250, holds until 30 November.
Compare them on my income →

Headline rates. Where a country is modeled on its regime for arrivals, the address page names the regime.

For a fortune above $100M: best country to live in if you are rich. For the regimes Europe offers a large foreign income: Swiss lump sum vs Italy's flat tax.

Rank all 100 on my own numbers →

Questions

The short answers.

What is the best country for high net worth individuals in 2026?

Dubai in the UAE ranks first on the Patrician.ch board among the 10 countries and territories that tax neither income, gains, wealth nor a child's inheritance.

Anguilla and Monaco follow. Income, passports, family and home base reorder the list, which is what the engine is for.

Where are high net worth individuals moving?

The UAE had the largest forecast net inflow of millionaires for 2025, 9,800, followed by the United States at 7,500 (Henley).

The full table is on where millionaires are moving.

What is the best country in Europe for a high net worth individual?

Monaco, which taxes none of the 4.

Inside the EU, special regimes for arrivals do most of the work. Italy's flat tax and Switzerland's lump sum are compared here.

Which taxes matter most for a high net worth individual?

At a large balance sheet, wealth tax and inheritance usually cost more than income tax.

A 1% wealth tax on $20M is $200K a year before any income is earned. That is why the ranking counts all 4.

What counts as a high net worth individual?

Usually $1M or more in liquid investable wealth, the definition Henley uses for its millionaire migration figures.

Ultra high net worth usually means $30M or more.

Which countries have no income tax, capital gains tax, wealth tax or inheritance tax?

10 of the 47 countries and territories on the Patrician.ch board levy none of the 4: the UAE, Anguilla, Monaco, St Kitts and Nevis, the Cayman Islands, Antigua and Barbuda, Turks and Caicos, the Bahamas, Panama and the British Virgin Islands.

Each is read at its leading address, on $1M of income, listed securities, the top wealth tax rate and what a spouse and children inherit. Where a country is modeled on its regime for arrivals, the address page names the regime. A US citizen stays inside US income and estate tax wherever they live.

What is the best country for millionaires to live in?

On the 4 taxes a fortune meets, Dubai in the UAE ranks first of the 47 countries and territories on the Patrician.ch board, followed by Anguilla and Monaco.

The cities with the most resident millionaires are a different list: where rich people live.

The Dossier: your top 3, on your numbers.A written report on the 3 places that rank first for you, compared line by line on your income, a sale, your passports and your family. 10 chapters, written the moment you pay. Every tax figure carries its official source and the date it was last checked. The Dossier is $500. The founding price, $250, holds until 30 November. Refunded in full within 7 days of delivery, no reason needed.
Read chapters 1 to 3, free →
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The income tax of Dubai, Anguilla, Monaco, Christophe Harbour, George Town and St John's, side by side on 2026 rates. Your readers type their own salary and the places reorder. Free on any site, with the credit line under it.

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Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. Figures are for a non-US single filer. Wealth tax, an exit and your passports are added when you run the engine on your own numbers. Not advice. Residence rules change often. Verify before acting.

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