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
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
πΊπΈ Miami
United States
Total annual tax
$3,083
3.9% of your income
After $3,083 taxes + $47,280 cost of living
π΅πΉ Lisbon
Portugal
Total annual tax
$22,400
28.0% of your income
After $22,400 taxes + $25,152 cost of living
π΅π¦ Panama City
Panama
Total annual tax
$0
0.0% of your income
After $0 taxes + $21,240 cost of living
Top 10 lowest-tax cities for your income
Based on $80,000/year in investment income
Abu Dhabi
UAE
$0
0.0% rate
Ajman
UAE
$0
0.0% rate
Al Khobar
Saudi Arabia
$0
0.0% rate
AsunciΓ³n
Paraguay
$0
0.0% rate
Batumi
Georgia
$0
0.0% rate
Doha
Qatar
$0
0.0% rate
Dubai
UAE
$0
0.0% rate
Jeddah
Saudi Arabia
$0
0.0% rate
Kota Kinabalu
Malaysia
$0
0.0% rate
Kuala Lumpur
Malaysia
$0
0.0% rate
FIRE Calculator
How much do you need to retire? See how different cities change your timeline.
Where Should I Retire?
Answer 5 questions and get matched to your best-fit cities.
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 β Portugal's old NHR regime, Spain's Beckham Law, Uruguay's 10-year tax holiday β 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.