๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra vs ๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Tax SystemLow TaxZero Tax
Income Tax (Foreign)0-10%0%
Capital Gains Tax0-10%0%
Corporate Tax10%0%
Residency Requirementโ‚ฌ50k deposit + โ‚ฌ400k investment$145k/year income
Minimum Stay90 daysNone
Cost of LivingModerate ($2,000-3,500/mo)Very High ($5,000-8,000/mo)

๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra

Highlights

  • โœ…Very low taxes
  • โœ…Safe country
  • โœ…Mountain lifestyle
  • โœ…Near Spain/France
  • โœ…Growing crypto scene

Considerations

  • โš ๏ธNot EU member
  • โš ๏ธSmall country
  • โš ๏ธLimited services

Best For

  • ๐Ÿ‘คSkiers
  • ๐Ÿ‘คLow-tax EU access
  • ๐Ÿ‘คCrypto

๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands

Highlights

  • โœ…Zero taxes
  • โœ…Major financial center
  • โœ…British legal system
  • โœ…Beautiful beaches
  • โœ…Safe and stable

Considerations

  • โš ๏ธVery expensive
  • โš ๏ธSmall islands
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คHigh-net-worth
  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คFund 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?

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