British Virgin Islands

The British Virgin Islands levies no personal income tax, no corporate income tax, no capital gains tax, no VAT, and no wealth or inheritance tax, and it uses the US dollar as its currency. The main recurring levies for a working solopreneur are payroll tax (10 percent for smaller operations or 14 percent for larger ones, of which 8 percent comes off the employee or self-employed earner above a 10,000 USD annual exemption) and social security contributions. There is no digital nomad visa, so a foreign solopreneur typically needs a trade licence plus a self-employed work permit to operate locally.