๐Ÿ‡จ๐Ÿ‡พ Cyprus vs ๐Ÿ‡ฒ๐Ÿ‡ฐ North Macedonia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡จ๐Ÿ‡พ Cyprus๐Ÿ‡ฒ๐Ÿ‡ฐ North Macedonia
Tax SystemNon-Dom RegimeFlat Tax
Income Tax (Foreign)0% on dividends10% flat
Capital Gains Tax0% (most cases)10%
Corporate Tax12.5%10%
Residency RequirementCategory F permit (โ‚ฌ50k deposit)Business or employment
Minimum Stay60 days (special regime)183 days
Cost of LivingModerate ($2,000-3,500/mo)Very Low ($800-1,400/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‡ฒ๐Ÿ‡ฐ North Macedonia

Highlights

  • โœ…10% flat tax all around
  • โœ…Very low cost of living
  • โœ…Beautiful nature
  • โœ…Friendly people
  • โœ…Easy business setup

Considerations

  • โš ๏ธNot EU
  • โš ๏ธSmall market
  • โš ๏ธLimited international connections

Best For

  • ๐Ÿ‘คUltra-budget seekers
  • ๐Ÿ‘คBalkan explorers

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 North Macedonia if: You prioritize 10% flat tax all around and very low cost of living. Ideal for ultra-budget seekers, balkan explorers.

Not Sure Which is Right for You?

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