9. The Bahamas
The Bahamas is among a few countries which has no income tax. You don’t even have to be an official citizen of The Bahamas to dodge the tax. You just have to reside in specific areas of the country.
Compared to other Caribbean islands, The Bahamas is relatively the least expensive in living cost. The downside of this country is the medical infrastructure. But overall, other infrastructures and services are good.
The Bahamas is located in the Atlantic Ocean. It consists of over 700 islands, cays, and islets. Living in the Bahamas gives you the bliss of tropical savanna climate.
This archipelago is a recommended place to start a new life in a tropical island with relatively low living cost and income tax free advantage.