Answers · current to September 2026

No wealth tax, 2026.

76 of the 100 addresses levy nothing on a resident's net worth. The other 24 sit in 4 countries that do, at very different rates.

In short, current to September 2026

  • 76 of the 100 addresses on the Patrician.ch board levy no annual tax on a resident's net worth. The other 24 sit in 4 countries that do: Switzerland, France, Spain and Liechtenstein.
  • The top rates on the board run from 0.2% in Vaduz to 3.5% in Marbella, which on $20,000,000 of net assets is $40K to $700K a year, or $400K to $7.0M over 10 years.
  • 14 addresses levy no wealth tax and no capital gains tax, and tax a mover's income at 0%: Gustavia, Abu Dhabi, Dubai, Anguilla, Punta del Este, Monaco, Christophe Harbour, St John's, Providenciales, George Town, Nassau, Bora Bora, Virgin Gorda and Panama City.
  • France taxes real estate only, through the IFI. Spain and Switzerland tax net worth, with the rate set by region or canton, which is why each address carries its own figure.
  • Figures are current to September 2026. Rates are headline top rates applied flat, before allowances and caps.

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 48 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to September 2026. Updated . Cite as: Patrician.ch, Countries with no wealth tax 2026, and the 4 that have one, patrician.ch/answers/countries-with-no-wealth-tax/, September 2026.

Ranked

No wealth tax, the 20 that keep the most.

Ordered by what a single filer keeps from $1,000,000 of income over 10 years.

01
Gustavia 🇫🇷 St Barths0% effective on $1M, no capital gains tax
$10M
02
Abu Dhabi 🇦🇪 UAE0% effective on $1M, no capital gains tax
$10M
03
Dubai 🇦🇪 UAE0% effective on $1M, no capital gains tax
$10M
04
Anguilla 🇦🇮 Anguilla0% effective on $1M, no capital gains tax
$10M
05
Punta del Este 🇺🇾 Uruguay0% effective on $1M, no capital gains tax
$10M
06
Monaco 🇲🇨 Monaco0% effective on $1M, no capital gains tax
$10M
07
Christophe Harbour 🇰🇳 St Kitts and Nevis0% effective on $1M, no capital gains tax
$10M
08
St John's 🇦🇬 Antigua and Barbuda0% effective on $1M, no capital gains tax
$10M
09
Providenciales 🇹🇨 Turks and Caicos0% effective on $1M, no capital gains tax
$10M
10
George Town 🇰🇾 Cayman Islands0% effective on $1M, no capital gains tax
$10M
11
Nassau 🇧🇸 Bahamas0% effective on $1M, no capital gains tax
$10M
12
Bora Bora 🇵🇫 French Polynesia0% effective on $1M, no capital gains tax
$10M
13
Virgin Gorda 🇻🇬 British Virgin Islands0% effective on $1M, no capital gains tax
$10M
14
Panama City 🇵🇦 Panama0% effective on $1M, no capital gains tax
$10M
15
San Juan 🇵🇷 Puerto Rico4% effective on $1M, no capital gains tax
$9.6M
16
Tucker's Town 🇧🇲 Bermuda9% effective on $1M, no capital gains tax
$9.1M
17
Andorra la Vella 🇦🇩 Andorra10% effective on $1M, 10% on gains
$9.0M
18
Hong Kong 🇭🇰 Hong Kong SAR16% effective on $1M, no capital gains tax
$8.4M
19
Tivat 🇲🇪 Montenegro17% effective on $1M, 17% on gains
$8.3M
20
Grand Baie 🇲🇺 Mauritius20% effective on $1M, no capital gains tax
$8.0M

The 24 that do levy one.

🇪🇸 Marbellatop rate 3.5% · $700K a year on $20M🇪🇸 Ibizatop rate 3.5% · $700K a year on $20M🇪🇸 Palmatop rate 3.5% · $700K a year on $20M🇪🇸 Barcelonatop rate 3.5% · $700K a year on $20M🇪🇸 Madridtop rate 3.5% · $700K a year on $20M🇫🇷 Provencetop rate 1.5% · $300K a year on $20M🇫🇷 Courcheveltop rate 1.5% · $300K a year on $20M🇫🇷 Megèvetop rate 1.5% · $300K a year on $20M🇫🇷 Cap Ferrattop rate 1.5% · $300K a year on $20M🇫🇷 Saint-Tropeztop rate 1.5% · $300K a year on $20M🇫🇷 Cannestop rate 1.5% · $300K a year on $20M🇫🇷 Nicetop rate 1.5% · $300K a year on $20M🇫🇷 Paristop rate 1.5% · $300K a year on $20M🇨🇭 Genevatop rate 0.9% · $180K a year on $20M🇨🇭 Montreuxtop rate 0.8% · $160K a year on $20M🇨🇭 Zurichtop rate 0.65% · $130K a year on $20M🇨🇭 Gstaadtop rate 0.5% · $100K a year on $20M🇨🇭 Zermatttop rate 0.4% · $80K a year on $20M🇨🇭 Verbiertop rate 0.4% · $80K a year on $20M🇨🇭 Luganotop rate 0.3% · $60K a year on $20M🇨🇭 St. Moritztop rate 0.3% · $60K a year on $20M🇨🇭 Lucernetop rate 0.3% · $60K a year on $20M🇨🇭 Zugtop rate 0.22% · $44K a year on $20M🇱🇮 Vaduztop rate 0.2% · $40K a year on $20M
Questions

The short answers.

Which countries have a wealth tax in 2026?

4 of the 48 countries and territories on the Patrician.ch board levy an annual wealth tax on residents: Switzerland, France, Spain and Liechtenstein.

France taxes real estate only, through the IFI. Rates and allowances in Spain and Switzerland differ by region or canton.

Which countries have no wealth tax?

44 of the 48 countries and territories on the board levy none, covering 76 of the 100 addresses.

Among them, Gustavia, Abu Dhabi and Dubai keep the most of a $1,000,000 income.

How much does a wealth tax cost on $20 million?

Between $40K and $700K a year at the top rates on the board, from Vaduz at the low end to Marbella at the high end.

Over 10 years that is $400K to $7.0M, before allowances, the treatment of the main home and any cap against income tax.

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The general case, ranked: Where should high earners live in 2026 · Best country to live in if you are rich · Best countries for high earners after tax · Europe · United States

Tax figures use a simplified marginal model with indicative 2026 brackets for a non-US single filer, ignore social contributions, most deductions, wealth taxes, and treaties, and are not advice. Residence rules change often. Verify before acting.

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