๐ฏ๐ช Channel Islands vs ๐น๐ญ Thailand
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฏ๐ช Channel Islands | ๐น๐ญ Thailand |
|---|---|---|
| Tax System | Low Tax | Territorial (changing) |
| Income Tax (Foreign) | 20% flat | 0-35% (local income) |
| Capital Gains Tax | 0% | 0% (foreign, if not remitted) |
| Corporate Tax | 0-10% | 20% |
| Residency Requirement | High-value resident status | LTR Visa ($80k/year income) |
| Minimum Stay | Varies by island | 180 days for tax residency |
| Cost of Living | High ($3,000-5,000/mo) | Low ($1,200-2,500/mo) |
๐ฏ๐ช Channel Islands
Highlights
- โ Low flat tax rate
- โ Zero capital gains
- โ British legal system
- โ Near UK/France
- โ Financial services hub
Considerations
- โ ๏ธExpensive property
- โ ๏ธSmall islands
- โ ๏ธWeather
Best For
- ๐คFinance professionals
- ๐คUK alternatives
- ๐คOffshore planning
๐น๐ญ Thailand
Highlights
- โ Amazing lifestyle
- โ Low cost of living
- โ Great food and culture
- โ Digital nomad friendly
- โ Good healthcare
Considerations
- โ ๏ธTax rules changing in 2024
- โ ๏ธVisa can be complex
- โ ๏ธLanguage barrier
Best For
- ๐คLifestyle seekers
- ๐คDigital nomads
- ๐คRetirees
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 Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.