🇨🇷 Costa Rica vs 🇺🇾 Uruguay
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇷 Costa Rica | 🇺🇾 Uruguay |
|---|---|---|
| Tax System | Territorial | Territorial (with tax holiday) |
| Income Tax (Foreign) | 0% (foreign income) | 0% foreign (10 years) |
| Capital Gains Tax | 0% (foreign) | 0% foreign (10 years) |
| Corporate Tax | 30% | 25% |
| Residency Requirement | Rentista ($2,500/mo income) | $520k property OR income proof |
| Minimum Stay | None required | 183 days to activate |
| Cost of Living | Moderate ($1,800-3,000/mo) | Moderate ($2,000-3,500/mo) |
🇨🇷 Costa Rica
Highlights
- ✅Stable democracy
- ✅No army, peaceful
- ✅Beautiful nature
- ✅Good healthcare
- ✅Large expat community
Considerations
- ⚠️Higher cost than neighbors
- ⚠️Bureaucratic processes
- ⚠️Some areas touristy
Best For
- 👤Retirees
- 👤Nature lovers
- 👤Families
🇺🇾 Uruguay
Highlights
- ✅10-year tax holiday on foreign income
- ✅Stable banking system
- ✅High quality of life
- ✅Safe country
- ✅Good infrastructure
Considerations
- ⚠️Higher residency requirements
- ⚠️Cold winters
- ⚠️Small market
Best For
- 👤Wealthy individuals
- 👤Argentines
- 👤Quality of life seekers
Which Should You Choose?
Choose Costa Rica if: You prioritize stable democracy and no army, peaceful. Ideal for retirees, nature lovers, families.
Choose Uruguay if: You prioritize 10-year tax holiday on foreign income and stable banking system. Ideal for wealthy individuals, argentines, quality of life seekers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.