Revealed: The Most Tax-Friendly State In America Where The Ultra-Wealthy Are Flocking For Business
20th June 2025
Wyoming is rapidly establishing itself as a top destination for ultra-wealthy individuals and businesses, drawn by its tax advantages and high-end real estate market.
As one of nine US states with no state income tax, Wyoming offers significant financial incentives for affluent residents.
Additionally, the state’s Dynasty Trust laws allow families to transfer wealth across generations while avoiding estate, inheritance and state income taxes – further solidifying its status as a tax shelter.
The state’s appeal is amplified by its business-friendly environment and low property taxes, attracting both individuals and companies seeking to minimize their tax burdens.
‘Wyoming is the most tax-friendly state,’ Latham Jenkins, a real estate agent with Live Water Jackson Hole told Realtor.com. ‘Retirement benefits are not taxed at the state level, and it’s one of the most business-friendly states in the nation.’
It would be even better if it weren’t shackled to our dysfunctional Federal regime.