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Get second residency and pay no tax in these 18 tax-free countries

13.Nicaragua

I’ve called Nicaragua “the next Costa Rica” as it becomes more open and more affordable than its southern neighbor. From the beaches of San Juan del Sur to the colonial charm of Grenada, Nicaragua is a great place to have a second residency… if you actually want to live there. Obtaining Nicaraguan residency is extremely easy and only requires proof of income — generally about $750 per month — but you need to live there for six months each year or else your residence permit, and your territorial tax benefits, will expire.

 

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