News & insights

€39,204

In Germany, on a gross income of €100,000, you work the equivalent of almost five months a year for the taxman before a single euro is truly yours. In the United Arab Emirates: zero income tax.

€23,149

How much of your year is truly yours? On €100,000 gross, the equivalent of nearly five months goes to the tax authority in the Netherlands. In Italy: nearly two months for the tax authority.

EUR 37,289

In the Netherlands, on a gross income of EUR 100,000, you work the equivalent of almost five months per year for the tax authority before a single euro is truly yours. In the United Arab Emirates: zero income tax.

€ 30,010

In the United Kingdom you work on € 100,000 gross the equivalent of almost four months per year for the tax authority, before a single euro is truly yours. In the United Arab Emirates: zero income tax.

€32,370

On €100,000 gross, Belgium keeps the equivalent of nearly six months of your working year for the tax authority. In Malta: nearly two months. Different country, different life.

€33,230

How much of your year is truly yours? On €100,000 gross, the equivalent of almost six months goes to the tax authority in Belgium. In Italy: almost two months for the tax authority.

€47,370

On €100,000 gross, Belgium withholds the equivalent of nearly six months of your working year for the tax authority. In the Bahamas: zero income tax. Different country, different life.

€14,858

On €100,000 gross, you work the equivalent of almost six months per year for the tax authority in Belgium. In Cyprus: four months for the tax authority. Same work, different country.

EUR 10,978

In Sweden, on a gross income of EUR 100,000, you work the equivalent of almost five months per year for the tax authorities before a single euro is truly yours. In Portugal: just over three months for the tax authorities.

7, 33% → 0%

The Finnish government confirmed on 17 March 2026: inheritance tax remains. Direct relatives pay 7, 19%, others 19, 33%. Cyprus, Italy (below 1M EUR) and Malta: 0%.

17%

Box 3 (English: wealth tax box) levy rises an average of 17% in 2027 due to WOZ (English: property valuation) increases and forfaitair rendement (English: deemed return). The Wet werkelijk rendement (English: Act on actual return) takes effect in 2028, with a novelle (English: amending bill) expected on Prinsjesdag (English: Budget Day). Small investors are hit hardest.

40%

HMRC inheritance tax receipts growth decelerates after years of sharp increases, signalling potential market shift or policy impact on estates.

35% → 5%

Malta's 35% corporate rate drops to 5% via refund system; Italy's IRES 24%. Personal income: Malta 0-35% vs Italy 23-43%. Double tax treaty prevents dual residence.

20%

Portugal replaced NHR with IFICI (English: Fiscal Incentive for Scientific Research and Innovation), a 20% flat tax on employment income for 10 years. Stricter qualification rules, but still attractive for tech professionals, researchers, and start-up founders.

$70k vs $300k

Paraguay launches $70k golden visa targeting US retirees — half Panama's $300k threshold. CEOWORLD reports wealthy Americans exploring territorial tax systems.

20% → 0%

Portugal IFICI 20% flat, Greece 50% cut, Netherlands 30% ruling — Europe's tax programs for skilled expats compared by effective rate and eligibility.

1.1%

Norway levies 1.1% on net wealth above €170k, France scrapped its wealth tax in 2017 but keeps real estate at 1.5%, Spain charges 0.2-3.5% regionally, Switzerland cantonal rates hit 1% — four models, zero harmonisation.

July 20

Italy extends tax payment deadlines to July 20, with a 0.4% surcharge for August payments. VAT reform for the Terzo Settore (English: Third Sector) introduces a 5% rate on previously exempt services.

54%

The Box 3 (English: Dutch wealth tax on savings and investments) levy remains legally contested: a 54% effective rate for large fortunes, no compensation for late objectors, and the Senate is uncertain about a definitive solution.

6%

HMRC data shows non-dom numbers fell 6% before abolition—far below industry predictions of mass exodus. What the numbers reveal about wealth mobility.