Tucker's Town, Bermuda
Answers · current to October 2026

No wealth tax, 2026.

64 of the 100 addresses levy nothing on a resident's net worth. The other 36 sit in 7 countries that do, at very different rates.

In short, current to October 2026

  • 64 of the 100 addresses on the Patrician.ch board levy no annual tax on a resident's net worth. The other 36 sit in 7 countries that do: Switzerland, Italy, France, Spain, Liechtenstein, Uruguay and Argentina.
  • The top rates on the board run from 0.1% in Punta del Este to 3.5% in Marbella, which on $20,000,000 of net assets is $20K to $700K a year, or $200K to $7.0M over 10 years.
  • 11 addresses levy no wealth tax and no capital gains tax, and tax a mover's income at 0%: Dubai, Abu Dhabi, Anguilla, Monaco, Christophe Harbour, George Town, St John's, Providenciales, Nassau, Panama City and Virgin Gorda.
  • 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 October 2026. Rates are headline top rates applied flat, before allowances and caps.

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, Countries with no wealth tax 2026, and the 7 that have one, patrician.ch/answers/countries-with-no-wealth-tax/, October 2026.

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By the Patrician.ch research desk · Updated 5 November 2026 · 11 min read
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.

01Dubai, UAE
Dubai 🇦🇪 UAE0% effective on $1M, no capital gains tax
$10M
02Abu Dhabi, UAE
Abu Dhabi 🇦🇪 UAE0% effective on $1M, no capital gains tax
$10M
03Anguilla
Anguilla 🇦🇮 Anguilla0% effective on $1M, no capital gains tax
$10M
04Monaco
Monaco 🇲🇨 Monaco0% effective on $1M, no capital gains tax
$10M
05Christophe Harbour, St Kitts and Nevis
Christophe Harbour 🇰🇳 St Kitts and Nevis0% effective on $1M, no capital gains tax
$10M
06George Town, Cayman Islands
George Town 🇰🇾 Cayman Islands0% effective on $1M, no capital gains tax
$10M
07St John's, Antigua and Barbuda
St John's 🇦🇬 Antigua and Barbuda0% effective on $1M, no capital gains tax
$10M
08Providenciales, Turks and Caicos
Providenciales 🇹🇨 Turks and Caicos0% effective on $1M, no capital gains tax
$10M
09Nassau, Bahamas
Nassau 🇧🇸 Bahamas0% effective on $1M, no capital gains tax
$10M
10Panama City
Panama City 🇵🇦 Panama0% effective on $1M, foreign gains untaxed, 10% on Panama source gains
$10M
11Virgin Gorda, British Virgin Islands
Virgin Gorda 🇻🇬 British Virgin Islands0% effective on $1M, no capital gains tax
$10M
12Gibraltar
Gibraltar 🇬🇮 Gibraltar6% effective on $1M, no capital gains tax
$9.4M
13Andorra la Vella
Andorra la Vella 🇦🇩 Andorra10% effective on $1M, no capital gains tax
$9.0M
14Tucker's Town, Bermuda
Tucker's Town 🇧🇲 Bermuda11% effective on $1M, no capital gains tax
$8.9M
15Hong Kong
Hong Kong 🇭🇰 Hong Kong SAR15% effective on $1M, no capital gains tax
$8.5M
16Tivat, Montenegro
Tivat 🇲🇪 Montenegro17% effective on $1M, 17% on gains
$8.3M
17Jersey
Jersey 🇯🇪 Jersey20% effective on $1M, no capital gains tax
$8M
18Singapore
Singapore 🇸🇬 Singapore21% effective on $1M, no capital gains tax
$7.9M
19Prague, Czech Republic
Prague 🇨🇿 Czech Republic22% effective on $1M, no capital gains tax
$7.8M
20Bora Bora, French Polynesia
Bora Bora 🇵🇫 French Polynesia25% effective on $1M, no capital gains tax
$7.5M

The 36 that do levy one.

Marbella, Spain🇪🇸 Marbellatop rate 3.5% · $700K a year on $20MIbiza, Spain🇪🇸 Ibizatop rate 3.5% · $700K a year on $20MPalma, Spain🇪🇸 Palmatop rate 3.5% · $700K a year on $20MBarcelona, Spain🇪🇸 Barcelonatop rate 3.5% · $700K a year on $20MMadrid, Spain🇪🇸 Madridtop rate 3.5% · $700K a year on $20MProvence, France🇫🇷 Provencetop rate 1.5% · $300K a year on $20MCourchevel, France🇫🇷 Courcheveltop rate 1.5% · $300K a year on $20MMegève, France🇫🇷 Megèvetop rate 1.5% · $300K a year on $20MSaint-Tropez, France🇫🇷 Saint-Tropeztop rate 1.5% · $300K a year on $20MCannes, France🇫🇷 Cannestop rate 1.5% · $300K a year on $20MNice, France🇫🇷 Nicetop rate 1.5% · $300K a year on $20MParis, France🇫🇷 Paristop rate 1.5% · $300K a year on $20MGeneva, Switzerland🇨🇭 Genevatop rate 0.86% · $172K a year on $20MVaduz, Liechtenstein🇱🇮 Vaduztop rate 0.8% · $160K a year on $20MMontreux, Switzerland🇨🇭 Montreuxtop rate 0.75% · $150K a year on $20MBuenos Aires, Argentina🇦🇷 Buenos Airestop rate 0.75% · $150K a year on $20MZurich, Switzerland🇨🇭 Zurichtop rate 0.64% · $128K a year on $20MZermatt, Switzerland🇨🇭 Zermatttop rate 0.6% · $120K a year on $20MVerbier, Switzerland🇨🇭 Verbiertop rate 0.6% · $120K a year on $20MGstaad, Switzerland🇨🇭 Gstaadtop rate 0.5% · $100K a year on $20MLugano, Switzerland🇨🇭 Luganotop rate 0.45% · $90K a year on $20MSt. Moritz, Switzerland🇨🇭 St. Moritztop rate 0.25% · $50K a year on $20MZug, Switzerland🇨🇭 Zugtop rate 0.22% · $44K a year on $20MLucerne, Switzerland🇨🇭 Lucernetop rate 0.22% · $44K a year on $20MLake Como, Italy🇮🇹 Lake ComoIVAFE 0.2% · $40K a year on $20MPortofino, Italy🇮🇹 PortofinoIVAFE 0.2% · $40K a year on $20MCapri, Italy🇮🇹 CapriIVAFE 0.2% · $40K a year on $20MAmalfi Coast, Italy🇮🇹 Amalfi CoastIVAFE 0.2% · $40K a year on $20MPorto Cervo, Italy🇮🇹 Porto CervoIVAFE 0.2% · $40K a year on $20MTuscany, Italy🇮🇹 TuscanyIVAFE 0.2% · $40K a year on $20MCortina d'Ampezzo, Italy🇮🇹 Cortina d'AmpezzoIVAFE 0.2% · $40K a year on $20MForte dei Marmi, Italy🇮🇹 Forte dei MarmiIVAFE 0.2% · $40K a year on $20MVenice, Italy🇮🇹 VeniceIVAFE 0.2% · $40K a year on $20MMilan, Italy🇮🇹 MilanIVAFE 0.2% · $40K a year on $20MRome, Italy🇮🇹 RomeIVAFE 0.2% · $40K a year on $20MPunta del Este, Uruguay🇺🇾 Punta del Estetop rate 0.1% · $20K a year on $20M

A wealth tax is charged every year, an inheritance tax once. What each of the 47 countries and territories charges a child: inheritance tax by country.

See these 2 places for your own income.Dubai and Abu Dhabi, 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.
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Questions

The short answers.

Which countries have a wealth tax in 2026?

7 of the 47 countries and territories on the Patrician.ch board levy an annual wealth tax on residents: Switzerland, Italy, France, Spain, Liechtenstein, Uruguay and Argentina.

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?

40 of the 47 countries and territories on the board levy none, covering 64 of the 100 addresses.

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

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

Between $20K and $700K a year at the top rates on the board, from Punta del Este at the low end to Marbella at the high end.

Over 10 years that is $200K to $7.0M, before allowances, the treatment of the main home and any cap against income tax.

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.
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<div class="pc-embed" data-src="https://patrician.ch/embed/compare/?c=dubai,abu-dhabi,anguilla,monaco,christophe-harbour,george-town-cayman&inc=1000000" data-h="1270" data-title="Income tax in Dubai, Abu Dhabi, Anguilla, Monaco, Christophe Harbour and George Town, Patrician.ch">
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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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