🇨🇾 Cyprus vs 🇹🇭 Thailand
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇹🇭 Thailand |
|---|---|---|
| Tax System | Non-Dom Regime | Territorial (changing) |
| Income Tax (Foreign) | 0% on dividends | 0-35% (local income) |
| Capital Gains Tax | 0% (most cases) | 0% (foreign, if not remitted) |
| Corporate Tax | 12.5% | 20% |
| Residency Requirement | Category F permit (€50k deposit) | LTR Visa ($80k/year income) |
| Minimum Stay | 60 days (special regime) | 180 days for tax residency |
| Cost of Living | Moderate ($2,000-3,500/mo) | Low ($1,200-2,500/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
🇹🇭 Thailand
Highlights
- ✅Amazing lifestyle
- ✅Low cost of living
- ✅Great food and culture
- ✅Digital nomad friendly
- ✅Good healthcare
Considerations
- ⚠️Tax rules changing in 2024
- ⚠️Visa can be complex
- ⚠️Language barrier
Best For
- 👤Lifestyle seekers
- 👤Digital nomads
- 👤Retirees
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 Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.