๐Ÿ‡จ๐Ÿ‡พ Cyprus vs ๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡จ๐Ÿ‡พ Cyprus๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra
Tax SystemNon-Dom RegimeLow Tax
Income Tax (Foreign)0% on dividends0-10%
Capital Gains Tax0% (most cases)0-10%
Corporate Tax12.5%10%
Residency RequirementCategory F permit (โ‚ฌ50k deposit)โ‚ฌ50k deposit + โ‚ฌ400k investment
Minimum Stay60 days (special regime)90 days
Cost of LivingModerate ($2,000-3,500/mo)Moderate ($2,000-3,500/mo)

๐Ÿ‡จ๐Ÿ‡พ Cyprus

Highlights

  • โœ…EU membership
  • โœ…English widely spoken
  • โœ…60-day rule for tax residency
  • โœ…Non-dom dividend exemption
  • โœ…Good weather

Considerations

  • โš ๏ธDivided island
  • โš ๏ธHot summers
  • โš ๏ธLimited winter activities

Best For

  • ๐Ÿ‘คNon-dom status seekers
  • ๐Ÿ‘คHolding companies
  • ๐Ÿ‘คYacht owners

๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra

Highlights

  • โœ…Very low taxes
  • โœ…Safe country
  • โœ…Mountain lifestyle
  • โœ…Near Spain/France
  • โœ…Growing crypto scene

Considerations

  • โš ๏ธNot EU member
  • โš ๏ธSmall country
  • โš ๏ธLimited services

Best For

  • ๐Ÿ‘คSkiers
  • ๐Ÿ‘คLow-tax EU access
  • ๐Ÿ‘คCrypto

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.