๐จ๐พ Cyprus vs ๐ฆ๐ฉ Andorra
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐จ๐พ Cyprus | ๐ฆ๐ฉ Andorra |
|---|---|---|
| Tax System | Non-Dom Regime | Low Tax |
| Income Tax (Foreign) | 0% on dividends | 0-10% |
| Capital Gains Tax | 0% (most cases) | 0-10% |
| Corporate Tax | 12.5% | 10% |
| Residency Requirement | Category F permit (โฌ50k deposit) | โฌ50k deposit + โฌ400k investment |
| Minimum Stay | 60 days (special regime) | 90 days |
| Cost of Living | Moderate ($2,000-3,500/mo) | Moderate ($2,000-3,500/mo) |
๐จ๐พ Cyprus
Highlights
- โ EU membership
- โ English widely spoken
- โ 60-day rule for tax residency
- โ Non-dom dividend exemption
- โ Good weather
Considerations
- โ ๏ธDivided island
- โ ๏ธHot summers
- โ ๏ธLimited winter activities
Best For
- ๐คNon-dom status seekers
- ๐คHolding companies
- ๐คYacht owners
๐ฆ๐ฉ Andorra
Highlights
- โ Very low taxes
- โ Safe country
- โ Mountain lifestyle
- โ Near Spain/France
- โ Growing crypto scene
Considerations
- โ ๏ธNot EU member
- โ ๏ธSmall country
- โ ๏ธLimited services
Best For
- ๐คSkiers
- ๐คLow-tax EU access
- ๐คCrypto
Which Should You Choose?
Choose Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
Choose Andorra if: You prioritize very low taxes and safe country. Ideal for skiers, low-tax eu access, crypto.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.