Kiribati

Kiribati applies a top marginal personal income tax rate of 35% and a corporate income tax rate of 30%. The tax burden is moderate-to-high, though various deductions and treaty networks may reduce effective rates. Capital gains are not taxed in Kiribati, which is a significant advantage for investors, traders, and those holding appreciating assets such as cryptocurrency or equities. Kiribati taxes residents on their worldwide income, including foreign-sourced earnings. This means income from overseas employment, investments, and business activities is subject to domestic tax rates, though double taxation treaties may provide relief. Kiribati permits dual citizenship, which provides flexibility for tax planning through establishing residency in a second jurisdiction without forfeiting existing citizenship rights.