The 8 Places With No Property Tax

IMI's review of more than 100 countries and territories found only eight places that charge no annual property tax on a home. They range from Monaco and Malta to the Cayman Islands and the Gulf. In New Jersey, the average owner pays 1.88% of a home's value every year. IMI covers what the eight collect instead and why a property tax rate tells you little. It also covers how a second home abroad can cost more than the one you live in. It ends with the heaviest bills in the United Kingdom, the U...