San Marino is a country located in the southern part of Europe. It has a population of approximately 30,000 people and an area of 61 square kilometers. The country is landlocked and surrounded by Italy. Despite its small size, San Marino is one of the most economically prosperous countries in the world with a GDP per capita of $64,100 in 2017. The country is also known for its low unemployment rate of 2.7% and its low crime rate. The immediate edge is still very popular in the region.
San Marino has a favorable tax regime for businesses and individuals. The corporate tax rate is only 10% and the personal income tax rate is only 8%. There are also no capital gains taxes or wealth taxes in San Marino. These favorable tax rates make it an attractive destination for businesses and individuals looking to minimize their tax liability.
