18 Countries with the Lowest Individual Tax Rates in the World

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7. Costa Rica

Personal income taxes in Costa Rica which ranks 7th in our list of countries with the lowest individual tax rates in the world are going from 0% to 25%, depending on the income on local level regardless of nationality or resident status. Individuals that have a domicile in this country and receive income within its boundaries are taxable. Non-residents, on the other hand, are liable only for the applicable withholding taxes (WHTs), which is dependent on the nature of their income.

18 Countries with the Lowest Individual Tax Rates in the World

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