Qatar figures among most affordable tax-free countries to relocate in 2024

Qatar figures among most affordable tax-free countries to relocate in 2024

Qatar has figured among the ‘most affordable’ tax-free countries to relocate in 2024, according to research findings of William Russell, which specialises in expat insurance."Coming in seventh and making yet another appearance for the Middle East is Qatar, earning a relocation score of 5.6 out of 10," said the report.The country has a population of approximately 2.7mn. A one-way economy ticket to the country’s capital, Doha, will cost expats around $356 from London and $551 from New York, it said.On an average, buying an apartment in Qatar, costs around $403 per sq m."It is the fourth most affordable tax-free country for monthly utilities, costing approximately $112. The average monthly net salary in Qatar is $4,327," the report said.Oman is the most affordable tax-free country to relocate to in 2024, with a relocation score of 7.92.Oman is the cheapest country to purchase or rent an apartment, as it has the lowest monthly living costs. It is also the third cheapest country for monthly utility bills, costing around $103.Another Gulf country Kuwait is the second most affordable tax-free country to move to this year, with a relocation score of 6.49. It is also the second most affordable country for both monthly costs