🇰🇾 Cayman Islands vs 🇧🇸 Bahamas
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇰🇾 Cayman Islands | 🇧🇸 Bahamas |
|---|---|---|
| Tax System | Zero Tax | Zero Tax |
| Income Tax (Foreign) | 0% | 0% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 0% | 0% |
| Residency Requirement | $145k/year income | $750k property or $1.5M+ investment |
| Minimum Stay | None | None |
| Cost of Living | Very High ($5,000-8,000/mo) | High ($3,500-6,000/mo) |
🇰🇾 Cayman Islands
Highlights
- ✅Zero taxes
- ✅Major financial center
- ✅British legal system
- ✅Beautiful beaches
- ✅Safe and stable
Considerations
- ⚠️Very expensive
- ⚠️Small islands
- ⚠️Hurricane risk
Best For
- 👤High-net-worth
- 👤Finance professionals
- 👤Fund managers
🇧🇸 Bahamas
Highlights
- ✅Zero taxes
- ✅Close to USA
- ✅English speaking
- ✅Beautiful islands
- ✅Stable democracy
Considerations
- ⚠️High residency bar
- ⚠️Expensive
- ⚠️Hurricane risk
Best For
- 👤US-adjacent tax haven
- 👤Wealthy individuals
- 👤Yacht owners
Which Should You Choose?
Choose Cayman Islands if: You prioritize zero taxes and major financial center. Ideal for high-net-worth, finance professionals, fund managers.
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.