The UAE is used to being considered a place without taxes. The reason for this is the almost complete absence of taxes for individuals on income, and minimal tax burden for businesses and entrepreneurs. Perhaps the only tax that can be mentioned is VAT at the rate of 5%, which, however, still does not apply to tourist purchases.
As for corporate tax, it is 9%. However, even this small tax by world standards can be reduced to zero if a number of conditions and regulations are met.
Prime Minister Terrance Drew announced today that St Kitts & Nevis will require all future Citizenship by Investment (CBI) applicants to complete **30 days of physical residency**, ending the nation's no-presence policy that defined Caribbean CBI programs for decades.
In a move sparking intense debate, Reform UK has unveiled a flagship immigration policy: "Britannia Cards" offering wealthy foreigners residency rights in Britain for a £250,000 fee.
Oman will implement a personal income tax (PIT) starting January 1, 2028, becoming the first Gulf Cooperation Council (GCC) nation to introduce direct taxation on individual earnings.
