🇦🇱 Albania vs 🇰🇾 Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇦🇱 Albania | 🇰🇾 Cayman Islands |
|---|---|---|
| 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 | $145k/year income |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($800-1,500/mo) | Very High ($5,000-8,000/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
🇰🇾 Cayman Islands
Highlights
- ✅Zero taxes
- ✅Major financial center
- ✅British legal system
- ✅Beautiful beaches
- ✅Safe and stable
Considerations
- ⚠️Very expensive
- ⚠️Small islands
- ⚠️Hurricane risk
Best For
- 👤High-net-worth
- 👤Finance professionals
- 👤Fund managers
Which Should You Choose?
Choose Albania if: You prioritize low cost of living and beautiful coastline. Ideal for budget seekers, mediterranean lovers, crypto.
Choose Cayman Islands if: You prioritize zero taxes and major financial center. Ideal for high-net-worth, finance professionals, fund managers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.