🇦🇲 Armenia vs 🇷🇸 Serbia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇦🇲 Armenia | 🇷🇸 Serbia |
|---|---|---|
| Tax System | Flat Tax | Flat Tax |
| Income Tax (Foreign) | 20% flat | 10-15% |
| Capital Gains Tax | 0% | 15% |
| Corporate Tax | 18% | 15% |
| Residency Requirement | Easy residency | Easy temporary residency |
| Minimum Stay | None required | 183 days |
| Cost of Living | Very Low ($800-1,500/mo) | Very Low ($900-1,700/mo) |
🇦🇲 Armenia
Highlights
- ✅Zero capital gains tax
- ✅Low flat income tax
- ✅Easy residency
- ✅Very low cost of living
- ✅Tech scene growing
Considerations
- ⚠️Regional tensions
- ⚠️Not EU
- ⚠️Limited infrastructure
Best For
- 👤Tech startups
- 👤Budget-conscious
- 👤Remote workers
🇷🇸 Serbia
Highlights
- ✅Low flat taxes
- ✅Easy residency
- ✅Very low cost of living
- ✅Friendly people
- ✅Growing startup scene
Considerations
- ⚠️Not EU (yet)
- ⚠️Visa-free limited
- ⚠️Some bureaucracy
Best For
- 👤Balkan base
- 👤Budget-conscious
- 👤EU aspirants
Which Should You Choose?
Choose Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.
Choose Serbia if: You prioritize low flat taxes and easy residency. Ideal for balkan base, budget-conscious, eu aspirants.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.