🇯🇪 Channel Islands vs 🇰🇾 Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇯🇪 Channel Islands | 🇰🇾 Cayman Islands |
|---|---|---|
| Tax System | Low Tax | Zero Tax |
| Income Tax (Foreign) | 20% flat | 0% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 0-10% | 0% |
| Residency Requirement | High-value resident status | $145k/year income |
| Minimum Stay | Varies by island | None |
| Cost of Living | High ($3,000-5,000/mo) | Very High ($5,000-8,000/mo) |
🇯🇪 Channel Islands
Highlights
- ✅Low flat tax rate
- ✅Zero capital gains
- ✅British legal system
- ✅Near UK/France
- ✅Financial services hub
Considerations
- ⚠️Expensive property
- ⚠️Small islands
- ⚠️Weather
Best For
- 👤Finance professionals
- 👤UK alternatives
- 👤Offshore planning
🇰🇾 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
Which Should You Choose?
Choose Channel Islands if: You prioritize low flat tax rate and zero capital gains. Ideal for finance professionals, uk alternatives, offshore planning.
Choose Cayman Islands if: You prioritize zero taxes and major financial center. Ideal for high-net-worth, finance professionals, fund managers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.