๐Ÿ‡ง๐Ÿ‡ฒ Bermuda vs ๐Ÿ‡ฐ๐Ÿ‡ณ St. Kitts & Nevis

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ง๐Ÿ‡ฒ Bermuda๐Ÿ‡ฐ๐Ÿ‡ณ St. Kitts & Nevis
Tax SystemZero TaxZero Tax
Income Tax (Foreign)0%0%
Capital Gains Tax0%0%
Corporate Tax0%33%
Residency RequirementWork permit or propertyCBI ($250k donation)
Minimum StayNoneNone
Cost of LivingVery High ($6,000-10,000/mo)Moderate ($2,500-4,000/mo)

๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

Highlights

  • โœ…Zero personal tax
  • โœ…British territory
  • โœ…Strong insurance sector
  • โœ…Close to US East Coast
  • โœ…High quality of life

Considerations

  • โš ๏ธExtremely expensive
  • โš ๏ธSmall island
  • โš ๏ธLimited entertainment

Best For

  • ๐Ÿ‘คInsurance/reinsurance
  • ๐Ÿ‘คUltra-high-net-worth
  • ๐Ÿ‘คUS proximity

๐Ÿ‡ฐ๐Ÿ‡ณ St. Kitts & Nevis

Highlights

  • โœ…Zero personal tax
  • โœ…Citizenship by investment
  • โœ…Second passport
  • โœ…Visa-free travel
  • โœ…Beautiful islands

Considerations

  • โš ๏ธCBI reputation issues
  • โš ๏ธSmall islands
  • โš ๏ธLimited infrastructure

Best For

  • ๐Ÿ‘คSecond passport seekers
  • ๐Ÿ‘คTax-free living
  • ๐Ÿ‘คCBI candidates

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 St. Kitts & Nevis if: You prioritize zero personal tax and citizenship by investment. Ideal for second passport seekers, tax-free living, cbi candidates.

Not Sure Which is Right for You?

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