๐ป๐ฌ British Virgin Islands vs ๐ง๐ธ Bahamas
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ป๐ฌ British Virgin Islands | ๐ง๐ธ Bahamas |
|---|---|---|
| Tax System | Zero Tax | Zero Tax |
| Income Tax (Foreign) | 0% | 0% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 0% | 0% |
| Residency Requirement | Work permit or investor | $750k property or $1.5M+ investment |
| Minimum Stay | None | None |
| Cost of Living | High ($4,000-6,000/mo) | High ($3,500-6,000/mo) |
๐ป๐ฌ British Virgin Islands
Highlights
- โ Zero taxes
- โ Corporate haven
- โ British legal system
- โ Caribbean lifestyle
- โ Sailing paradise
Considerations
- โ ๏ธExpensive
- โ ๏ธSmall community
- โ ๏ธHurricane risk
Best For
- ๐คCorporate structuring
- ๐คYachting
- ๐คPrivacy seekers
๐ง๐ธ Bahamas
Highlights
- โ Zero taxes
- โ Close to USA
- โ English speaking
- โ Beautiful islands
- โ Stable democracy
Considerations
- โ ๏ธHigh residency bar
- โ ๏ธExpensive
- โ ๏ธHurricane risk
Best For
- ๐คUS-adjacent tax haven
- ๐คWealthy individuals
- ๐คYacht owners
Which Should You Choose?
Choose British Virgin Islands if: You prioritize zero taxes and corporate haven. Ideal for corporate structuring, yachting, privacy seekers.
Choose Bahamas if: You prioritize zero taxes and close to usa. Ideal for us-adjacent tax haven, wealthy individuals, yacht owners.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.