🇻🇬 British Virgin Islands vs 🇹🇨 Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇻🇬 British Virgin Islands | 🇹🇨 Turks and Caicos |
|---|---|---|
| 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 | PRC ($300k property) |
| Minimum Stay | None | None |
| Cost of Living | High ($4,000-6,000/mo) | High ($4,000-7,000/mo) |
🇻🇬 British Virgin Islands
Highlights
- ✅Zero taxes
- ✅Corporate haven
- ✅British legal system
- ✅Caribbean lifestyle
- ✅Sailing paradise
Considerations
- ⚠️Expensive
- ⚠️Small community
- ⚠️Hurricane risk
Best For
- 👤Corporate structuring
- 👤Yachting
- 👤Privacy seekers
🇹🇨 Turks and Caicos
Highlights
- ✅Zero taxes
- ✅Beautiful beaches
- ✅British territory
- ✅Close to USA
- ✅Low crime
Considerations
- ⚠️Expensive
- ⚠️Small population
- ⚠️Hurricane risk
Best For
- 👤Beach lovers
- 👤US-adjacent tax planning
- 👤Retirees
Which Should You Choose?
Choose British Virgin Islands if: You prioritize zero taxes and corporate haven. Ideal for corporate structuring, yachting, privacy seekers.
Choose Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.