๐Ÿ‡ง๐Ÿ‡ญ Bahrain vs ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ง๐Ÿ‡ญ Bahrain๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia
Tax SystemZero TaxFlat Tax
Income Tax (Foreign)0%20% flat
Capital Gains Tax0%0%
Corporate Tax0%18%
Residency RequirementSelf-sponsorship availableEasy residency
Minimum StayNone requiredNone required
Cost of LivingModerate ($2,000-3,500/mo)Very Low ($800-1,500/mo)

๐Ÿ‡ง๐Ÿ‡ญ Bahrain

Highlights

  • โœ…Zero taxes across the board
  • โœ…Lower cost than Dubai
  • โœ…Good banking sector
  • โœ…Business-friendly
  • โœ…Alcohol permitted

Considerations

  • โš ๏ธSmaller market than UAE
  • โš ๏ธHot climate
  • โš ๏ธLess glamorous than Dubai

Best For

  • ๐Ÿ‘คCost-conscious Gulf seekers
  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คRegional business

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Highlights

  • โœ…Zero capital gains tax
  • โœ…Low flat income tax
  • โœ…Easy residency
  • โœ…Very low cost of living
  • โœ…Tech scene growing

Considerations

  • โš ๏ธRegional tensions
  • โš ๏ธNot EU
  • โš ๏ธLimited infrastructure

Best For

  • ๐Ÿ‘คTech startups
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คRemote workers

Which Should You Choose?

Choose Bahrain if: You prioritize zero taxes across the board and lower cost than dubai. Ideal for cost-conscious gulf seekers, finance professionals, regional business.

Choose Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.