🇨🇾 Cyprus vs 🇩🇲 Dominica
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇩🇲 Dominica |
|---|---|---|
| Tax System | Non-Dom Regime | Zero Tax (non-residents) |
| Income Tax (Foreign) | 0% on dividends | 0% (foreign income) |
| Capital Gains Tax | 0% (most cases) | 0% |
| Corporate Tax | 12.5% | 25% |
| Residency Requirement | Category F permit (€50k deposit) | CBI ($100k donation) |
| Minimum Stay | 60 days (special regime) | None |
| Cost of Living | Moderate ($2,000-3,500/mo) | Low ($1,500-2,500/mo) |
🇨🇾 Cyprus
Highlights
- ✅EU membership
- ✅English widely spoken
- ✅60-day rule for tax residency
- ✅Non-dom dividend exemption
- ✅Good weather
Considerations
- ⚠️Divided island
- ⚠️Hot summers
- ⚠️Limited winter activities
Best For
- 👤Non-dom status seekers
- 👤Holding companies
- 👤Yacht owners
🇩🇲 Dominica
Highlights
- ✅Cheapest CBI program
- ✅Zero tax on foreign income
- ✅Nature island
- ✅Low cost of living
- ✅Second passport
Considerations
- ⚠️Limited infrastructure
- ⚠️Small economy
- ⚠️Hurricane risk
Best For
- 👤Budget CBI
- 👤Nature lovers
- 👤Second passport
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 Dominica if: You prioritize cheapest cbi program and zero tax on foreign income. Ideal for budget cbi, nature lovers, second passport.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.