hi

Im 20 and live in the UK and have big financial goals in life. The tax payable in this country will make it very hard to have a really decent wage. You see anything over £33,000 means i would have to pay 40% tax. I think thats unfair since the government spends alot of the money irrationally like 800million on the millenium dome which was a failure!

Anyway my question is I would like to live abroad, somewhere hot but somewhere where the tax I pay is considerably lower.....Is there such a place???

Danik

Some of the middle eastern countries are tax heavens, like the United Arab Emirates.
You can find more information from below.

http://moneycentral.msn.com/content/Taxes/P148855.asp
http://www.fita.org/countries/
http://www.taxfoundation.org/publications/show/78.html

wow.....didnt expect such a result! Thank You!

Danik

USA tax wise may not be an improvement for you.
The federal itself tax seems lower. After you add on the state income or sales tax, the local county/municipal income/sales tax, and school taxes, it may be similar.
Plus this would not include public health care, like in the UK.

This post has been edited by gpmac12: Aug 1 2007, 07:01 PM