๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia vs ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia
Tax SystemNew Tax HolidayFlat Tax
Income Tax (Foreign)0% (5 years, new residents)20% flat
Capital Gains Tax0% (foreign)0%
Corporate Tax22%18%
Residency RequirementSecond Home VisaEasy residency
Minimum StayNone requiredNone required
Cost of LivingVery Low ($1,000-2,000/mo)Very Low ($800-1,500/mo)

๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia

Highlights

  • โœ…New tax holiday for new residents
  • โœ…Beautiful islands (Bali)
  • โœ…Very low cost of living
  • โœ…Large expat community
  • โœ…Digital nomad visa

Considerations

  • โš ๏ธRules still evolving
  • โš ๏ธInfrastructure varies
  • โš ๏ธVisa complexity

Best For

  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คBali lovers
  • ๐Ÿ‘คBudget-conscious

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Highlights

  • โœ…Zero capital gains tax
  • โœ…Low flat income tax
  • โœ…Easy residency
  • โœ…Very low cost of living
  • โœ…Tech scene growing

Considerations

  • โš ๏ธRegional tensions
  • โš ๏ธNot EU
  • โš ๏ธLimited infrastructure

Best For

  • ๐Ÿ‘คTech startups
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คRemote workers

Which Should You Choose?

Choose Indonesia if: You prioritize new tax holiday for new residents and beautiful islands (bali). Ideal for digital nomads, bali lovers, budget-conscious.

Choose Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.

Not Sure Which is Right for You?

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