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Working on a tax free island to make money?
From http://www.taxrates.cc/html/cayman-islands-tax-rates.html: There is no income tax, corporate tax, sales tax, capital gains tax,   wealth tax, inheritance tax, property tax, gift tax or any other kind   of direct taxation in Cayman Islands. Cayman Islands government receives the majority of its income from indirect taxation. There is no income tax or capital gains tax or   corporation tax in Cayman Islands imposed on Cayman individuals and   Cayman Islands companies. An import duty of 5% to 20% is levied   against goods imported into the islands. Some items are tax exempt   like baby formula, books and cameras. Tax on automobiles depends on   the class and make of the model. Tax can reach up to 40% for expensive   car models. Financial institutions that operate in the islands are   charged a flat licensing fee by the government. A 10% government tax   is placed on all tourist accommodations in addition to the small fee   each tourist pays upon getting on the Caymans. The Cayman Islands   government charges licensing fees to financial institutions that   operate in the islands as well as work permit fees for expatriate   employees ranging from around US$ 500 for a clerk to around US$ 20,000   for a CEO.