🇧🇲 Bermuda vs 🇩🇲 Dominica
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇧🇲 Bermuda | 🇩🇲 Dominica |
|---|---|---|
| Tax System | Zero Tax | Zero Tax (non-residents) |
| Income Tax (Foreign) | 0% | 0% (foreign income) |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 0% | 25% |
| Residency Requirement | Work permit or property | CBI ($100k donation) |
| Minimum Stay | None | None |
| Cost of Living | Very High ($6,000-10,000/mo) | Low ($1,500-2,500/mo) |
🇧🇲 Bermuda
Highlights
- ✅Zero personal tax
- ✅British territory
- ✅Strong insurance sector
- ✅Close to US East Coast
- ✅High quality of life
Considerations
- ⚠️Extremely expensive
- ⚠️Small island
- ⚠️Limited entertainment
Best For
- 👤Insurance/reinsurance
- 👤Ultra-high-net-worth
- 👤US proximity
🇩🇲 Dominica
Highlights
- ✅Cheapest CBI program
- ✅Zero tax on foreign income
- ✅Nature island
- ✅Low cost of living
- ✅Second passport
Considerations
- ⚠️Limited infrastructure
- ⚠️Small economy
- ⚠️Hurricane risk
Best For
- 👤Budget CBI
- 👤Nature lovers
- 👤Second passport
Which Should You Choose?
Choose Bermuda if: You prioritize zero personal tax and british territory. Ideal for insurance/reinsurance, ultra-high-net-worth, us proximity.
Choose Dominica if: You prioritize cheapest cbi program and zero tax on foreign income. Ideal for budget cbi, nature lovers, second passport.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.