🇪🇨 Ecuador vs 🇳🇮 Nicaragua
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇪🇨 Ecuador | 🇳🇮 Nicaragua |
|---|---|---|
| Tax System | Territorial (improving) | Territorial |
| Income Tax (Foreign) | 0% (foreign pension) | 0% (foreign income) |
| Capital Gains Tax | 0% (foreign) | 0% (foreign) |
| Corporate Tax | 25% | 30% |
| Residency Requirement | $1,400/mo pension | $750/mo income proof |
| Minimum Stay | None required | None required |
| Cost of Living | Very Low ($1,000-1,800/mo) | Very Low ($600-1,200/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
🇳🇮 Nicaragua
Highlights
- ✅Lowest cost in Americas
- ✅Beautiful beaches
- ✅Easy residency
- ✅Territorial taxation
- ✅Growing expat community
Considerations
- ⚠️Political concerns
- ⚠️Basic infrastructure
- ⚠️Limited banking
Best For
- 👤Budget nomads
- 👤Beach lovers
- 👤Adventurous types
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 Nicaragua if: You prioritize lowest cost in americas and beautiful beaches. Ideal for budget nomads, beach lovers, adventurous types.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.