🇨🇾 Cyprus vs 🇵🇭 Philippines
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇵🇭 Philippines |
|---|---|---|
| Tax System | Non-Dom Regime | Territorial (residents) |
| Income Tax (Foreign) | 0% on dividends | 0-35% |
| Capital Gains Tax | 0% (most cases) | 6-15% |
| Corporate Tax | 12.5% | 25% |
| Residency Requirement | Category F permit (€50k deposit) | SRRV ($50k deposit) |
| Minimum Stay | 60 days (special regime) | None required |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very Low ($1,000-2,000/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
🇵🇭 Philippines
Highlights
- ✅English widely spoken
- ✅Very low cost of living
- ✅Beautiful islands
- ✅Friendly people
- ✅Easy residency
Considerations
- ⚠️Infrastructure varies
- ⚠️Typhoon season
- ⚠️Bureaucracy
Best For
- 👤Retirees
- 👤Budget nomads
- 👤English-speaking Asia
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 Philippines if: You prioritize english widely spoken and very low cost of living. Ideal for retirees, budget nomads, english-speaking asia.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.