Questions
The short answers.
Which country lets you keep the most of $1M a year?
12 places on the board tax a resident's $1M at 0%, Monaco among them, so $1M is kept in full.
The lowest on the board is Tokyo, where $479K is kept, 52% effective.
How does the calculator work?
It applies each address's 2026 income tax brackets to your income, converts at fixed reference rates, and ranks all 100 by what is left.
A married couple is split where the country allows it. A US passport adds the US federal floor everywhere except Puerto Rico.
Does it work for US citizens?
Yes. Tick US citizen and every address abroad is charged at least the US federal tax, since the US taxes citizens wherever they live.
Puerto Rico is the exception for a bona fide resident on Puerto Rico source income.
What does it leave out?
Most deductions, wealth tax, capital gains and treaties. Social contributions come in with the Employment income tick, in 12 countries.
The engine on the homepage adds an exit, assets, passports, family and the life around the number.
How much income tax do you pay on $1 million?
It depends on where you live. In 2026 it runs from $0 in 12 of the 100 places to $521K in Tokyo, 52% effective.
In New York City the tax on $1M is $427K (43%), in London $432K (43%).
Which country has the highest income tax?
Of the 100 places on the board, Tokyo in Japan takes the most of $1M in 2026: 52% effective, so $479K is kept.
The 5 highest: Tokyo 52%, Cascais 50%, Quinta do Lago 48%, Lisbon 48% and Vienna 48%.
Which countries have no income tax?
11 countries on the board tax a resident's $1M at 0% in 2026: Monaco, UAE, Uruguay, Panama, British Virgin Islands, Anguilla, St Kitts and Nevis, Turks and Caicos, Bahamas, Cayman Islands and Antigua and Barbuda.
Panama taxes only income earned in Panama, and Uruguay exempts income earned abroad for 11 years by election. Each one, with what it taxes instead: <a href="/answers/countries-with-no-income-tax/">countries with no income tax</a>.
Is there a salary calculator by country?
Yes, for 6 countries the country page adds net pay on a salary, after income tax and the employee's own contributions: <a href="/calculator/united-kingdom/">United Kingdom</a>, <a href="/calculator/germany/">Germany</a>, <a href="/calculator/cyprus/">Cyprus</a>, <a href="/calculator/hong-kong/">Hong Kong</a>, <a href="/calculator/uae/">UAE</a> and <a href="/calculator/bahamas/">Bahamas</a>.
Each one is checked against the tax authority's own calculator or rules, linked on its page.
