Skip to content
Formerly Hosted by the Law Professor Blogs Network

What Are The Best Countries To Live in For Different Financial Needs?

TransportFor individuals with different financial needs there are advantages to living in certain
countries. When it comes to certain unique types of financial situations here are the 6 best places to live in:

  1. Best Pension System: Denmark.  According to the Mercer Global Pension Index (MGPI) Denmark has the best pension system in the world. 
  2. Cheapest Place To Live: Saudi Arabia.  The Economists Intelligence Unit (EIU) has released a cost-of-living survey listing Riyadh and Jeddah as being the two cheapest cities in the world to live in.
  3. Highest Disposable Income: United States.  According to an OECD study the United States ranks highest in the amount of money each household spends on goods and services.
  4. Lowest Income Tax: Dubai. The best country in the world to live in to avoid income taxes is Dubai, where people get to keep 100% of their income.
  5. Cheapest childcare: Australia.  According to a recent OECD study on childcare costs Australia has the most affordable child care options for parents.
  6. Lowest Death Costs: Australia and New Zealand.  The inheritance tax was abolished in Australia and New Zealand a number of years ago making those two nations the best countries to live in to avoid such taxes.

See Louise McBride, Best places for tax- live in Dubai, die in Australia, Independent, May 25, 2015. 

Special thanks to Jim Hillhouse for bringing this article to my attention.