Tax Calculator for International Investors

How much would you pay in taxes if you lived somewhere else? Enter your investment income and compare cities around the world.

Your investment income

Enter your annual investment income to see how much you'd pay in taxes in different cities around the world.

Quick start β€” choose a profile or enter your own numbers

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US filing status

Compare cities

Pick up to 3 cities to see your tax breakdown side by side.

You could save

$22,400/year

in taxes by living in Panama City instead of Lisbon

πŸ‡ΊπŸ‡Έ Miami

United States

Total annual tax

$3,083

3.9% of your income

Tax on investment profits
$2,202
Tax on dividend income
$881
What you keep
$29,637/year

After $3,083 taxes + $47,280 cost of living

πŸ‡΅πŸ‡Ή Lisbon

Portugal

Total annual tax

$22,400

28.0% of your income

Tax on investment profits
$14,000
Tax on dividend income
$5,600
Tax on savings interest
$2,800
What you keep
$32,448/year

After $22,400 taxes + $25,152 cost of living

πŸ‡΅πŸ‡¦ Panama City

Panama

Total annual tax

$0

0.0% of your income

What you keep
$58,760/year

After $0 taxes + $21,240 cost of living

These are simplified estimates based on published tax rates and cost of living data. Actual taxes depend on your full financial situation, residency status, applicable tax treaties, and local regulations. Always consult a qualified tax professional before making relocation decisions.

Why Taxes Matter More Than Cost of Living

Most people compare cities by rent and groceries, but taxes can be an even bigger factor. An investor earning $100,000/year from dividends and capital gains might pay $22,000 in taxes in one country and $0 in another β€” a difference larger than most rent savings.

Countries with territorial tax systems (like Panama, Paraguay, and Georgia) don't tax foreign investment income at all. Others offer special programs for new residents that can dramatically reduce your tax burden for years.

What This Calculator Shows You

For each city you select, you'll see your estimated annual tax bill broken down by type: investment profits, dividends, savings interest, wealth tax (if applicable), and crypto. You'll also see your effective tax rate and β€” most importantly β€” what you actually keep after both taxes and cost of living.

The "What you keep" number is what matters most. A city with higher taxes but much lower cost of living might leave you with more money than a zero-tax city where rent is $3,000/month.