Countries With No Inheritance or Estate Tax 2026
For families planning across borders, whether an estate is taxed on death often shapes where assets are held. These 17 jurisdictions impose no inheritance or estate tax as of 2026. Each entry is sourced and dated; stamp duties or transfer charges can still apply, so follow through to the country detail.
As of 2026, 17 jurisdictions in this index levy no inheritance or estate tax: Andorra, Australia, Bermuda, British Virgin Islands, Canada, Cayman Islands, Cyprus, Gibraltar, Guernsey, Hong Kong SAR and 7 more. Each position is individually sourced below - related charges (such as payroll, stamp, or transfer duties) can still apply, so read each country's detail.
Selected where the sourced inheritance/estate position is an unambiguous none.
| Jurisdiction | Corporate | Personal (top) | VAT / GST | Capital gains | Inheritance |
|---|---|---|---|---|---|
| Andorra | 10%Standard rate (2% on qualifying intellectual-property income; 0% for qualifying holding companies) | 10%Top band; 0% up to EUR 24,000, 5% from EUR 24,000-40,000, 10% above EUR 40,000 | 4.5%IGI (general indirect tax) standard rate | VariesSecurities gains exempt for holdings under 25% (or held over 10 years), otherwise 10%; real-estate gains taxed on a sliding scale that decreases with the holding period | NoNo inheritance, gift, or wealth tax |
| Australia | 30%25% for base rate entities (aggregated turnover under AUD 50m) | 45%Top marginal rate; 47% including the 2% Medicare levy | 10%Goods and services tax (GST) | Taxed at marginal rateIncluded in assessable income; 50% discount for assets held over 12 months | NoNo inheritance or estate tax |
| Bermuda | 0%No general corporate income tax; a 15% Corporate Income Tax applies to in-scope multinational groups (revenue >= EUR 750m) from 2025 | 0%No personal income tax (a payroll tax applies to employers and employees) | NoneNo VAT or sales tax | No CGTNo capital gains tax | NoNo inheritance, estate, or gift tax |
| British Virgin Islands | 0%No corporate income tax | 0%No personal income tax; a payroll tax applies (up to 8% employee share on remuneration over USD 10,000/year) | NoneNo VAT or sales tax | No CGTNo capital gains tax | NoNo inheritance, estate, or gift tax |
| Canada | 15%Federal corporate rate; provincial/territorial corporate tax additional (combined typically ~23-31%) | 33%Top federal rate; provincial/territorial income tax additional | 5%Federal GST; combined GST/HST ranges 5-15% with the provincial component | 50% inclusionHalf of a capital gain is taxable, included in income and taxed at ordinary rates (a proposed increase to 66.67% was cancelled in March 2025 and never enacted) | NoNo estate or inheritance tax (a deemed disposition at death may trigger capital gains) |
| Cayman Islands | 0%No corporate income tax | 0%No personal income tax | NoneNo VAT or sales tax | No CGTNo capital gains tax | NoNo inheritance, estate, or gift tax |
| Cyprus | 15%From 1 January 2026 (12.5% through 31 December 2025) | 35%Top personal income tax rate | 19%Standard VAT rate | 20%Charged only on gains from Cyprus-situated immovable property (and shares in companies owning such property) | NoNo inheritance or estate tax (abolished 2000) |
| Gibraltar | 15%Standard rate from 1 July 2024 (previously 12.5%); 20% for utility/energy providers and dominant-position abuse | Up to 25%Maximum effective rate; the lower of the Allowance-Based (14-39%) or Gross-Income-Based (6-28%) system | NoneNo VAT | No CGTNo capital gains tax | NoNo inheritance or estate tax |
| Guernsey | 0%Standard rate; banking/insurance and certain financial services 10%, property income and large retail (over GBP 500k) 20% | 20%Top headline personal income tax rate | NoneNo GST/VAT (a GST was proposed in the 2025 Budget for introduction in 2027) | No CGTNo capital gains tax | NoNo inheritance or estate tax |
| Hong Kong SAR | 16.5%Two-tiered profits tax: 8.25% on the first HKD 2m of assessable profits, 16.5% above (15% for unincorporated businesses) | Up to 16%Salaries tax; standard-rate cap 15% on the first HKD 5m of net income, 16% above; progressive rates also apply | NoneNo VAT or GST | No CGTCapital gains are not taxed | NoNo estate duty (abolished 2006) |
| Isle of Man | 0%Standard rate; banks 10%, real estate/petroleum income 20%, large retailers 15% | 21%Top headline personal income tax rate | 20%Standard VAT (aligned with the UK under the Customs and Excise Agreement) | No CGTNo capital gains tax | NoNo inheritance or estate tax |
| Jersey | 0%0/10/20 model: most companies 0%, financial services 10%, utilities and property income 20% | 20%Maximum income tax rate on net income after allowances | 5%Goods and services tax (GST), maximum 5% | No CGTNo capital gains tax | NoNo inheritance tax (probate stamp duty applies to estates) |
| Malta | 35%Headline rate; a shareholder tax-refund system commonly reduces the effective rate to around 5% on qualifying trading income | 35%Top personal income tax rate | 18%Standard VAT rate | Taxed (specific assets)Gains on immovable property, securities, and certain other assets are taxable under specific rules; no broad CGT on most other assets | NoNo inheritance or estate tax; stamp duty applies on certain transfers (e.g. immovable property and securities) |
| Mexico | 30%Headline corporate income tax rate | 35%Top resident progressive rate | 16%Standard VAT rate | TaxedGains on listed shares: 10% final tax; other capital gains taxed at marginal income-tax rates | NoNo inheritance or estate tax; inheritances are treated as income but generally exempt for tax residents |
| Singapore | 17%Headline corporate income tax rate | 24%Top resident personal income tax rate | 9%Goods and services tax (GST) | No CGTNo general capital gains tax | NoNo inheritance or estate tax (estate duty abolished 2008) |
| The Bahamas | 0%No corporate income tax; a domestic minimum top-up tax (DMTT) applies to large multinational groups (revenue >= EUR 750m) | 0%No personal income tax | 10%Standard VAT (5% on certain essentials) | No CGTNo capital gains tax | NoNo inheritance, estate, or gift tax |
| United Arab Emirates | 9%Federal corporate tax on taxable income over AED 375,000 (0% below); 0% for qualifying free-zone persons | 0%No personal income tax | 5%Standard VAT rate | No separate CGTNo tax on personal investment gains; business gains fall under the 9% corporate tax regime (participation exemption available) | NoNo inheritance or estate tax |
Informational only, not tax advice. Rates as of the dates shown; verify with a qualified professional before acting. Click a jurisdiction to see each figure with its source link and as-of date. Rates reviewed through 2026-06-23.
Which countries have no inheritance or estate tax?
As of 2026, Andorra, Australia, Bermuda, British Virgin Islands, Canada, Cayman Islands, Cyprus, Gibraltar and 9 more are the jurisdictions in this index with no inheritance or estate tax. Each entry is sourced and dated; follow any country through for the qualifications behind its position.
Does no inheritance or estate tax mean a country is tax-free?
No. A jurisdiction can levy no inheritance or estate tax yet still raise revenue through corporate tax, VAT or GST, payroll, customs, or stamp duties. Check the full country breakdown and confirm your own position with a qualified professional before acting.
How current are these inheritance or estate tax figures?
Each figure is dated to its source's review date and drawn from PwC Worldwide Tax Summaries, the OECD, and national tax authorities; the most recent review here is 2026-06-23. Rates change, so verify the as-of date on the country page before relying on a figure.
Important disclaimer
Informational only — not tax advice. This page summarises publicly available information about tax as of July 2026. Tax laws change, individual circumstances vary, and the application of any rule depends on your specific facts.
TaxProsRated does not provide tax, legal, accounting, or financial advice. Before acting on anything you read here, consult a qualified tax professional licensed in your jurisdiction . TaxProsRated, its operators, and its contributors disclaim all liability for action taken in reliance on this page.