Question 1

Which countries have no capital gains tax?

Accepted Answer

Notable countries with zero capital gains tax for individual investors in 2026 include Switzerland, Singapore, Hong Kong, New Zealand, Belgium, Malaysia, the UAE, Monaco, the Bahamas, the Cayman Islands, Bermuda, Cyprus (on securities), and Belize — 50 jurisdictions in total, all listed in the table above.

Question 2

Is Switzerland really capital gains tax free?

Accepted Answer

For private individuals holding securities as personal investments, yes — private capital gains on movable assets are tax-exempt. But gains are taxable if you qualify as a professional trader, and real-estate gains are taxed separately at the cantonal level.

Question 3

Do I owe capital gains tax if I move to one of these countries?

Accepted Answer

Only after you become tax resident there — and some countries (like the US with citizenship-based taxation, or countries with exit taxes such as Norway and Germany in certain cases) may still tax gains accrued before or after you leave. Timing of residency changes and asset sales is critical.

#	Country	Rate	Level
1	Andorra Europe	0%	No Tax
2	Antigua and Barbuda North America	0%	No Tax
3	Bahamas North America	0%	No Tax
4	Bahrain Asia	0%	No Tax
5	Barbados North America	0%	No Tax
6	Belgium Europe	0%	No Tax
7	Belize North America	0%	No Tax
8	Bermuda North America	0%	No Tax
9	British Virgin Islands North America	0%	No Tax
10	Brunei Asia	0%	No Tax
11	Cayman Islands North America	0%	No Tax
12	Cuba North America	0%	No Tax
13	Curaçao North America	0%	No Tax
14	Cyprus Europe	0%	No Tax
15	Eswatini Africa	0%	No Tax
16	Federated States of Micronesia Oceania	0%	No Tax
17	Grenada North America	0%	No Tax
18	Hong Kong Asia	0%	No Tax
19	Kiribati Oceania	0%	No Tax
20	Lesotho Africa	0%	No Tax
21	Libya Africa	0%	No Tax
22	Liechtenstein Europe	0%	No Tax
23	Macau Asia	0%	No Tax
24	Malawi Africa	0%	No Tax
25	Maldives Asia	0%	No Tax
26	Marshall Islands Oceania	0%	No Tax
27	Mauritius Africa	0%	No Tax
28	Monaco Europe	0%	No Tax
29	Namibia Africa	0%	No Tax
30	Nauru Oceania	0%	No Tax
31	New Zealand Oceania	0%	No Tax
32	North Korea Asia	0%	No Tax
33	Palau Oceania	0%	No Tax
34	Papua New Guinea Oceania	0%	No Tax
35	Saint Kitts and Nevis North America	0%	No Tax
36	Saint Lucia North America	0%	No Tax
37	Saint Vincent and the Grenadines North America	0%	No Tax
38	San Marino Europe	0%	No Tax
39	Seychelles Africa	0%	No Tax
40	Singapore Asia	0%	No Tax
41	Solomon Islands Oceania	0%	No Tax
42	Somalia Africa	0%	No Tax
43	Switzerland Europe	0%	No Tax
44	Tonga Oceania	0%	No Tax
45	Trinidad and Tobago North America	0%	No Tax
46	Turks and Caicos Islands North America	0%	No Tax
47	Tuvalu Oceania	0%	No Tax
48	United Arab Emirates Asia	0%	No Tax
49	Vanuatu Oceania	0%	No Tax
50	Zambia Africa	0%	No Tax

Countries with No Capital Gains Tax

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