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Here at Nomad Capitalist, we frequently discuss the idea that governments thrive on taxing the “evil rich.” It also gives birth to the question of whether such a utopia exists where there are no property taxes. It’s no secret. Because of this, high-net-worth individuals and nomadic entrepreneurs are engaged in a different kind of business: looking beyond their borders to find countries that offer them something better. If you are in that camp, you are likely asking, “Where can I legally pay less tax? What countries are welcoming to people who want to internationalize and establish a home without paying high taxes on their properties?”
Unfortunately, almost since the beginning of time, many governments have taken the attitude of “the higher the taxes, the better”— including property taxes. But not all countries have this attitude. In this video, Sadife, our Strategy Associate shares six places with no property tax in Europe.