🇨🇾 Cyprus vs 🇸🇬 Singapore
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇸🇬 Singapore |
|---|---|---|
| Tax System | Non-Dom Regime | Territorial |
| Income Tax (Foreign) | 0% on dividends | 0-24% |
| Capital Gains Tax | 0% (most cases) | 0% |
| Corporate Tax | 12.5% | 17% |
| Residency Requirement | Category F permit (€50k deposit) | EntrePass or Employment |
| Minimum Stay | 60 days (special regime) | 183 days for tax residency |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very High ($4,000-7,000/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
🇸🇬 Singapore
Highlights
- ✅Zero capital gains tax
- ✅Territorial system
- ✅World-class infrastructure
- ✅English speaking
- ✅Global finance hub
Considerations
- ⚠️Very expensive
- ⚠️Hard to get residency
- ⚠️Hot and humid
Best For
- 👤High earners
- 👤Entrepreneurs
- 👤Finance professionals
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 Singapore if: You prioritize zero capital gains tax and territorial system. Ideal for high earners, entrepreneurs, finance professionals.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.