🇪🇨 Ecuador vs 🇨🇾 Cyprus
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇪🇨 Ecuador | 🇨🇾 Cyprus |
|---|---|---|
| Tax System | Territorial (improving) | Non-Dom Regime |
| Income Tax (Foreign) | 0% (foreign pension) | 0% on dividends |
| Capital Gains Tax | 0% (foreign) | 0% (most cases) |
| Corporate Tax | 25% | 12.5% |
| Residency Requirement | $1,400/mo pension | Category F permit (€50k deposit) |
| Minimum Stay | None required | 60 days (special regime) |
| Cost of Living | Very Low ($1,000-1,800/mo) | Moderate ($2,000-3,500/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
🇨🇾 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
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 Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.