🏛️×🌎

Best Low-Tax Countries in the Americas

The Americas offer several tax-friendly jurisdictions that combine favourable fiscal regimes with good quality of life. Panama's territorial tax system, Uruguay's tax holiday for new residents, and Paraguay's low flat tax provide options for high-net-worth individuals seeking tax efficiency in a Western Hemisphere timezone.

🌴Lifestyle🛡️Safety🏥Healthcare📡Infrastructure

Countries Ranked

$1,938

Avg. Monthly Cost

$1,300

Lowest Monthly Cost

See detailed tax regimes and visa pathways

16 Countries Ranked

Ranked using persona-optimized weights across 7 dimensions. Scores reflect 15 institutional data sources.

🇨🇦

Canada

North America

EducationSafetyInfrastructure

Uruguay

South America

HealthcareEducationLifestyle

Chile

South America

HealthcareEducationSafety

Costa Rica

Central America

LifestyleSafetyHealthcare

United States

North America

Career & EconomyInfrastructureCost of Living

Trinidad and Tobago

Caribbean

LifestyleEducationSafety

Argentina

South America

SafetyHealthcareLifestyle

Panama

Central America

SafetyHealthcareLifestyle

Peru

South America

LifestyleSafetyEducation

Jamaica

Caribbean

LifestyleSafetyEducation

Mexico

North America

LifestyleCareer & EconomyHealthcare

Ecuador

South America

LifestyleHealthcareEducation

Brazil

South America

HealthcareLifestyleInfrastructure

Colombia

South America

LifestyleHealthcareEducation

Dominican Republic

Caribbean

SafetyLifestyleHealthcare

Guatemala

Central America

LifestyleSafetyHealthcare

20.27

Score

~$1,300/mo

Explore All 95 Countries

#1 for Low-Tax Living in Americas

🇨🇦

Canada

North America

66.87

Overall Score

$2,850

Est. Monthly Cost

Canada excels in your top priority (lifestyle) with a score of 81, backed by strong safety.

View Full Country Profile

Frequently Asked Questions

Which countries in the Americas have the lowest taxes?

Panama has a territorial tax system (only local income taxed) with a top rate of 25%. Paraguay offers a flat 10% income tax. Uruguay provides a tax holiday on foreign income for new residents (currently up to 11 years). The Cayman Islands and Bahamas have zero income tax but higher living costs.

Is Panama a good option for tax-conscious individuals?

Panama's territorial tax system means foreign-sourced income is not taxed. Combined with no capital gains tax on foreign investments, a well-established banking sector, and the Pensionado visa for retirees, Panama is one of the most popular tax-efficient destinations in the Americas. Lifestyle and safety scores are moderate.

Can you get residency in low-tax American countries?

Panama's Friendly Nations Visa offers fast-track residency. Uruguay allows residency through rental income proof. Paraguay has one of the easiest residency programmes globally, requiring only a bank deposit of approximately $5,500. These pathways provide legal tax residence in favourable jurisdictions.

Best Low-Tax Countries to Live in Other Regions

🇪🇺

Best Low-Tax Countries in Europe

🌏

Best Low-Tax Countries in Asia

🕌

Best Low-Tax Countries in the Middle East

Other Rankings in Americas

💻

Best Countries for Entrepreneurs in the Americas

Parent Pages

🏛️Best Low-Tax Countries to Live 🌎Best Countries in the Americas to Live

Ready to Find Your Best Country?

Take the 2-minute quiz to get personalized rankings based on your budget, citizenship, climate preference, and priorities.

Start Your Quiz

Best Low-Tax Countries in the Americas

16 Countries Ranked

Canada

Uruguay

Chile

Costa Rica

United States

Trinidad and Tobago

Argentina

Panama

Peru

Jamaica

Mexico

Ecuador

Brazil

Colombia

Dominican Republic

Guatemala

Canada

Frequently Asked Questions

Best Low-Tax Countries to Live in Other Regions

Best Low-Tax Countries in Europe

Best Low-Tax Countries in Asia

Best Low-Tax Countries in the Middle East

Other Rankings in Americas

Best Countries for Digital Nomads in the Americas

Best Countries to Retire in the Americas

Best Countries for Families in the Americas

Best Countries for Career Relocation in the Americas

Best Countries for Entrepreneurs in the Americas

Parent Pages

Ready to Find Your Best Country?

Best Low-Tax Countries in the Americas

16 Countries Ranked

Canada

Uruguay

Chile

Costa Rica

United States

Trinidad and Tobago

Argentina

Panama

Peru

Jamaica

Mexico

Ecuador

Brazil

Colombia

Dominican Republic

Guatemala

Canada

Frequently Asked Questions

Best Low-Tax Countries to Live in Other Regions

Best Low-Tax Countries in Europe

Best Low-Tax Countries in Asia

Best Low-Tax Countries in the Middle East

Other Rankings in Americas

Best Countries for Digital Nomads in the Americas

Best Countries to Retire in the Americas

Best Countries for Families in the Americas

Best Countries for Career Relocation in the Americas

Best Countries for Entrepreneurs in the Americas

Parent Pages

Ready to Find Your Best Country?