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.

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