๐Ÿ‡จ๐Ÿ‡ท Costa Rica vs ๐Ÿ‡น๐Ÿ‡ญ Thailand

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡จ๐Ÿ‡ท Costa Rica๐Ÿ‡น๐Ÿ‡ญ Thailand
Tax SystemTerritorialTerritorial (changing)
Income Tax (Foreign)0% (foreign income)0-35% (local income)
Capital Gains Tax0% (foreign)0% (foreign, if not remitted)
Corporate Tax30%20%
Residency RequirementRentista ($2,500/mo income)LTR Visa ($80k/year income)
Minimum StayNone required180 days for tax residency
Cost of LivingModerate ($1,800-3,000/mo)Low ($1,200-2,500/mo)

๐Ÿ‡จ๐Ÿ‡ท Costa Rica

Highlights

  • โœ…Stable democracy
  • โœ…No army, peaceful
  • โœ…Beautiful nature
  • โœ…Good healthcare
  • โœ…Large expat community

Considerations

  • โš ๏ธHigher cost than neighbors
  • โš ๏ธBureaucratic processes
  • โš ๏ธSome areas touristy

Best For

  • ๐Ÿ‘คRetirees
  • ๐Ÿ‘คNature lovers
  • ๐Ÿ‘คFamilies

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

Which Should You Choose?

Choose Costa Rica if: You prioritize stable democracy and no army, peaceful. Ideal for retirees, nature lovers, families.

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.