๐ฆ๐ฉ Andorra vs ๐ฐ๐พ Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฆ๐ฉ Andorra | ๐ฐ๐พ Cayman Islands |
|---|---|---|
| Tax System | Low Tax | Zero Tax |
| Income Tax (Foreign) | 0-10% | 0% |
| Capital Gains Tax | 0-10% | 0% |
| Corporate Tax | 10% | 0% |
| Residency Requirement | โฌ50k deposit + โฌ400k investment | $145k/year income |
| Minimum Stay | 90 days | None |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very High ($5,000-8,000/mo) |
๐ฆ๐ฉ Andorra
Highlights
- โ Very low taxes
- โ Safe country
- โ Mountain lifestyle
- โ Near Spain/France
- โ Growing crypto scene
Considerations
- โ ๏ธNot EU member
- โ ๏ธSmall country
- โ ๏ธLimited services
Best For
- ๐คSkiers
- ๐คLow-tax EU access
- ๐คCrypto
๐ฐ๐พ Cayman Islands
Highlights
- โ Zero taxes
- โ Major financial center
- โ British legal system
- โ Beautiful beaches
- โ Safe and stable
Considerations
- โ ๏ธVery expensive
- โ ๏ธSmall islands
- โ ๏ธHurricane risk
Best For
- ๐คHigh-net-worth
- ๐คFinance professionals
- ๐คFund managers
Which Should You Choose?
Choose Andorra if: You prioritize very low taxes and safe country. Ideal for skiers, low-tax eu access, 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.