The Cayman Islands tops this year’s list, thank to its status as a Caribbean tax haven for investors who do not wish to deal with the complicated tax laws of other countries, according to Nomad Capitalist.
The Nomad Beach Index ranks the best destinations for high-net-worth investors seeking a little more sun and a lot less in taxes.
Nearby Caribbean islands place high in the top 10 but U.S. citizens looking to move to zero income-tax climes often have to renounce their American citizenship to fully benefit.
Puerto Rico, however, came in at No. 10 — making for a happy medium.