๐ฆ๐ฉ Andorra vs ๐น๐ญ Thailand
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฆ๐ฉ Andorra | ๐น๐ญ Thailand |
|---|---|---|
| Tax System | Low Tax | Territorial (changing) |
| Income Tax (Foreign) | 0-10% | 0-35% (local income) |
| Capital Gains Tax | 0-10% | 0% (foreign, if not remitted) |
| Corporate Tax | 10% | 20% |
| Residency Requirement | โฌ50k deposit + โฌ400k investment | LTR Visa ($80k/year income) |
| Minimum Stay | 90 days | 180 days for tax residency |
| Cost of Living | Moderate ($2,000-3,500/mo) | Low ($1,200-2,500/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
๐น๐ญ Thailand
Highlights
- โ Amazing lifestyle
- โ Low cost of living
- โ Great food and culture
- โ Digital nomad friendly
- โ Good healthcare
Considerations
- โ ๏ธTax rules changing in 2024
- โ ๏ธVisa can be complex
- โ ๏ธLanguage barrier
Best For
- ๐คLifestyle seekers
- ๐คDigital nomads
- ๐คRetirees
Which Should You Choose?
Choose Andorra if: You prioritize very low taxes and safe country. Ideal for skiers, low-tax eu access, crypto.
Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.