Top 10 Tax Havens for Americans Seeking Financial Freedom
Escape from the US to the 10 best tax havens on the planet
Image: New York Post
A recent study by William Russell highlights the best tax havens for Americans seeking affordable living and low taxes. Panama tops the list, followed by Bahrain and Andorra, offering favorable conditions for expatriates. Over 180,000 Americans relocated in 2025, driven by remote work and rising costs.
- 01Panama scored 7.01, making it the top tax haven with an average property price of $219 per square foot and monthly rent of $879.
- 02Bahrain ranks second with a score of 6.93, featuring zero personal income tax and an average take-home salary of approximately $2,256 per month.
- 03Andorra, in third place, offers an average take-home salary of $3,017 per month, despite higher property prices averaging $501 per square foot.
- 04Mauritius and Qatar round out the top five for their political stability, safety, and tax advantages.
- 05The study analyzed factors like taxes, salaries, living costs, and property prices to determine the rankings.
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A new study by the international insurance firm William Russell reveals that over 180,000 Americans relocated in 2025 to find better living conditions and tax benefits. Topping the list of tax havens is Panama, which received a score of 7.01 due to its low taxes and affordable living. With an average property price of $219 per square foot and a monthly rent of approximately $879 for a one-bedroom apartment, Panama offers a favorable environment for expatriates. Following closely in second place is Bahrain, scoring 6.93 thanks to its zero personal income tax and strong average salaries of around $2,256 per month. Andorra comes in third with a score of 6.67, boasting high take-home salaries of approximately $3,017 monthly, despite higher property costs averaging $501 per square foot. Other notable mentions in the top five include Mauritius and Qatar, known for their political stability and high living standards. The rankings were based on a comprehensive analysis of taxes, average salaries, property prices, and living costs.
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This trend indicates a significant shift in where Americans choose to live, influenced by financial considerations.
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