TOP 50 Countries to Move for Young Up-Coming Self-Made Millionaires

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Are you young and want to get away? Are you willing to become a self-employee or even a self-made millionaire? Check out our list of TOP 50 Countries for Young Entrepreneurs!

Expert Market, a U.K.-based B2B product comparison site, recently conducted a study to determine the best countries for young, aspiring entrepreneurs and freelancers seeking a more flexible lifestyle.

One factor the researchers weighed heavily was cost of living. They also took income tax rates, access to credit, access to public transportation, the ease of starting a business, average internet speeds and the prevalence of free Wi-Fi into account. Then, they compiled a ranking of the world’s 57 largest countries, based on their suitability for millennials who dream of self-employment.

Top Jurisdictions for Millenials and Young Entrepreneurs

Find Novasigma jurisdictions with a link for more information about country.

1. Hong Kong
2. United States
3. South Korea
4. United Arab Emirates
5. United Kingdom
6. Spain
7. New Zealand
8. Estonia
9. Bulgaria
10. Czech Republic
11. Latvia
12. France
13. Portugal
14. Lithuania
15. Qatar
16. Denmark
17. Switzerland
18. Germany
19. Turkey
20. Norway
21. Romania
22. Saudi Arabia
23. China
24. Netherlands
25. Poland 26. Australia
27. Sweden
28. Hungary
29. Finland
30. Mexico
31. Japan
32. Cyprus
33. Chile
34. Panama
35. South Africa
36. Italy
37. Morocco
38. Indonesia
39. Iceland
40. India
41. Croatia
42. Egypt
43. Austria
44. Colombia
45. Brazil
46. Greece
47. Malta
48. Peru
49. Belgium
50. Ireland

 

UAE is one of the TOP destinations for young self-employees and totally tax-free

Hong Kong, a global financial hub, topped the list. It’s public transit system, relatively low personal income tax rate of 15 percent (third-lowest of the 57 countries) and access to credit propelled it to the number-one spot in the ranking.

Expert Market also highlighted the United Arab Emirates, which came in fourth place, for being tax-free.

Five of the bottom 10 countries are in Central or South America, while no countries from this region made the top 10. Half of the countries in the top 10 are European countries.

If you’re thinking of moving Down Under, consider New Zealand, rather than Australia. The larger Oceanic island nation came in 26th — it’s more expensive to live there.

And turns out, if you already live in America, you may want to stay put. The U.S. came in second place, thanks to good transportation, abundant Wi-Fi (more than half a million spots) and access to credit from banks.


Looking for a get away destination? Call us and let’s compare available options!

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