🇪🇨 Ecuador vs 🇰🇾 Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇪🇨 Ecuador | 🇰🇾 Cayman Islands |
|---|---|---|
| Tax System | Territorial (improving) | Zero Tax |
| Income Tax (Foreign) | 0% (foreign pension) | 0% |
| Capital Gains Tax | 0% (foreign) | 0% |
| Corporate Tax | 25% | 0% |
| Residency Requirement | $1,400/mo pension | $145k/year income |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($1,000-1,800/mo) | Very High ($5,000-8,000/mo) |
🇪🇨 Ecuador
Highlights
- ✅Dollar-based economy
- ✅Very low cost of living
- ✅Great climate options
- ✅Excellent retiree benefits
- ✅Beautiful landscapes
Considerations
- ⚠️Political instability
- ⚠️Limited banking
- ⚠️Infrastructure varies
Best For
- 👤Retirees
- 👤Budget-conscious
- 👤Nature lovers
🇰🇾 Cayman Islands
Highlights
- ✅Zero taxes
- ✅Major financial center
- ✅British legal system
- ✅Beautiful beaches
- ✅Safe and stable
Considerations
- ⚠️Very expensive
- ⚠️Small islands
- ⚠️Hurricane risk
Best For
- 👤High-net-worth
- 👤Finance professionals
- 👤Fund managers
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 Cayman Islands if: You prioritize zero taxes and major financial center. Ideal for high-net-worth, finance professionals, fund managers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.