The Top 10 Popular Tax Havens You May Want to Reside Permanently

Countries that have no or low nominal taxes are considered tax havens.

Though there are no definite categories or attributes for a country to be known as a tax haven, the following characteristics are eminent such as:

1. no tax  or low nominal taxes;
2. foreign tax authorities can't get sufficient information because of lack of effective tax communication
3. a tax haven's government is lenient in the matters of tax collection
4. there is no substantial evidence as to the provision and imposition of tax and tax laws to its jurisdiction, and
5.  a tax haven's promotion as an offshore financial center.

Top 10 Best Tax Haven Countries

Taxes are really a burden. Though paying taxes is a responsibility of the people of nations that impose taxes to their citizens, many people want to evade paying taxes.However, doing so could put tax evaders in jail.

Yes. Tax evasion is illegal and many governments have made moves to track tax evaders and punish them. Others are penalized while others depending on severity, could be imprisoned.

However, it is good to know that there are countries that don't levy taxes to their citizens. Some of them have also granted tax holidays to investors. Tax havens attract people particularly rich people who probably have the fear of giving their hard-earned money to their governments. Moreover, tax haven countries are magnets of investments.

These are the 10 countries, in no particular order that put incentives to their citizens and investors- foreign and local according to Cheap-credit-cards.org

• United Arab Emirates
• Hong Kong
• Cyprus 
• Georgia
• Singapore
• Russia
• Taiwan
• Thailand
• South Africa
• The Philippines

Good to have the Philippines on the list despite certain issues of the current administration over the imposing of additional 2% of VAT from 10% VAT.

However, the Philippine government has provided tax incentives to accredited companies, foreign and local with offices and operations on the country's many economic zones.

I don't know with other countries though. 

Post-Hiatus: Top 10 Reasons for Failing to Post

It's been a long time since my last post here on this blog. I've been having different experiences lately in my life. New beginning, new life, new year and new BLOG!

Yep!

I have a new blog site not hosted by Blogger. It's Bjorn Bernales, my self-titled blog. It is about business, self-development, lifestyle and the likes with a tagline: "Pragmatism and Simplicity in Business and in Life".

Moreover, there are other things that have kept me from updating this blog. Without further ado, here are the top 10 reasons for failing to constantly update this blog.

1)  More time browsing and learning about blogging while neglecting to update my blogs;

2) Been occupying time helping my parents with their business;

3) Researching on topics on how to create blogs;

4) Learning more about money-making online;

5) Sucking the time to do worthless things but still reading different blogs worth discovering and learning;

6) Living idly while away from laptop and Internet connection;

7) Working out-of-town and making myself  sick from stress and heat;

8) Discovering new friends and new acquaintances;

9) Seeking a mentor for my online business but failing to find any;

10) Updating my Twitter and get addicted to it while at the same time posting new contents for my new blog, Bjorn Bernales

So you know why I fail to update this blog. But after some thinking over, evaluating and further probing, I've learned that this blog can also help me make money. The Top 10 keyword is, without further proof, but with great probability one of the most-searched keywords for those searching about lists.