๐Ÿ‡ช๐Ÿ‡จ Ecuador vs ๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ช๐Ÿ‡จ Ecuador๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra
Tax SystemTerritorial (improving)Low Tax
Income Tax (Foreign)0% (foreign pension)0-10%
Capital Gains Tax0% (foreign)0-10%
Corporate Tax25%10%
Residency Requirement$1,400/mo pensionโ‚ฌ50k deposit + โ‚ฌ400k investment
Minimum StayNone required90 days
Cost of LivingVery Low ($1,000-1,800/mo)Moderate ($2,000-3,500/mo)

๐Ÿ‡ช๐Ÿ‡จ Ecuador

Highlights

  • โœ…Dollar-based economy
  • โœ…Very low cost of living
  • โœ…Great climate options
  • โœ…Excellent retiree benefits
  • โœ…Beautiful landscapes

Considerations

  • โš ๏ธPolitical instability
  • โš ๏ธLimited banking
  • โš ๏ธInfrastructure varies

Best For

  • ๐Ÿ‘คRetirees
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คNature lovers

๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra

Highlights

  • โœ…Very low taxes
  • โœ…Safe country
  • โœ…Mountain lifestyle
  • โœ…Near Spain/France
  • โœ…Growing crypto scene

Considerations

  • โš ๏ธNot EU member
  • โš ๏ธSmall country
  • โš ๏ธLimited services

Best For

  • ๐Ÿ‘คSkiers
  • ๐Ÿ‘คLow-tax EU access
  • ๐Ÿ‘คCrypto

Which Should You Choose?

Choose Ecuador if: You prioritize dollar-based economy and very low cost of living. Ideal for retirees, budget-conscious, nature lovers.

Choose Andorra if: You prioritize very low taxes and safe country. Ideal for skiers, low-tax eu access, crypto.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.