🇦🇱 Albania vs 🇧🇲 Bermuda
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇦🇱 Albania | 🇧🇲 Bermuda |
|---|---|---|
| Tax System | Progressive | Zero Tax |
| Income Tax (Foreign) | 0-23% | 0% |
| Capital Gains Tax | 15% | 0% |
| Corporate Tax | 15% | 0% |
| Residency Requirement | Easy residency available | Work permit or property |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($800-1,500/mo) | Very High ($6,000-10,000/mo) |
🇦🇱 Albania
Highlights
- ✅Low cost of living
- ✅Beautiful coastline
- ✅EU candidate
- ✅Improving fast
- ✅Crypto-friendly
Considerations
- ⚠️Not EU yet
- ⚠️Infrastructure developing
- ⚠️Corruption issues
Best For
- 👤Budget seekers
- 👤Mediterranean lovers
- 👤Crypto
🇧🇲 Bermuda
Highlights
- ✅Zero personal tax
- ✅British territory
- ✅Strong insurance sector
- ✅Close to US East Coast
- ✅High quality of life
Considerations
- ⚠️Extremely expensive
- ⚠️Small island
- ⚠️Limited entertainment
Best For
- 👤Insurance/reinsurance
- 👤Ultra-high-net-worth
- 👤US proximity
Which Should You Choose?
Choose Albania if: You prioritize low cost of living and beautiful coastline. Ideal for budget seekers, mediterranean lovers, crypto.
Choose Bermuda if: You prioritize zero personal tax and british territory. Ideal for insurance/reinsurance, ultra-high-net-worth, us proximity.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.