10 Countries with the Lowest Tax Rates for the Rich

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9. United Arab Emirates

The United Arab Emirates is one of the richest countries in the Middle East, mainly due to its vast reserves of oil. In fact, it can be honestly said that the country’s economy is greatly dependent on its oil reserves, with the exception of Dubai which has a much more diversified economy. Hence, the country does not have any need to charge income tax on its citizens, which means its rich can get richer without worrying about the increase in taxes.

Easiest Countries to Immigrate To

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