In no particular order, the 10 countries with no income taxes are:
United Arab Emirates
Oman
Bahrain
Qatar
Saudi Arabia
Kuwait
Bermuda
Cayman Islands
The Bahamas
Brunei
Notice a trend?
With the exception of Brunei in Asia, this entire list of income-tax free countries is dominated by Middle Eastern or tropical tourist destinations that rely on essentially two factors to help generate revenue. For the six Middle Eastern countries and Brunei, it's oil and natural gas deposits that contribute to a significant portion GDP, while the Bahamas, the Cayman Islands, and Bermuda rely on tourism and the extremely high living costs to drive wealthy individuals into their country.
In many cases, however, oil and gas revenue and tourism aren't enough to keep the economic hamster on its wheel. Although these countries don't directly tax their citizens with an income tax, there are other forms of revenue collection.
Many countries, for instance, require citizens to contribute to a national social security fund while also requiring employers to make contributions on behalf of their employees. You'll find this practice in place in Kuwait, Oman, the Bahamas, Saudi Arabia, and the United Arab Emirates, just to name a few.
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