🇮🇲 Isle of Man vs 🇦🇲 Armenia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇮🇲 Isle of Man | 🇦🇲 Armenia |
|---|---|---|
| Tax System | Low Tax | Flat Tax |
| Income Tax (Foreign) | 20% (capped) | 20% flat |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 0% | 18% |
| Residency Requirement | Work permit or investor | Easy residency |
| Minimum Stay | 6 months | None required |
| Cost of Living | Moderate ($2,500-4,000/mo) | Very Low ($800-1,500/mo) |
🇮🇲 Isle of Man
Highlights
- ✅Tax cap available
- ✅Zero corporate tax
- ✅Zero capital gains
- ✅British connection
- ✅Motorcycle TT races
Considerations
- ⚠️Remote location
- ⚠️Limited entertainment
- ⚠️Weather
Best For
- 👤eGaming
- 👤Crypto
- 👤British connection seekers
🇦🇲 Armenia
Highlights
- ✅Zero capital gains tax
- ✅Low flat income tax
- ✅Easy residency
- ✅Very low cost of living
- ✅Tech scene growing
Considerations
- ⚠️Regional tensions
- ⚠️Not EU
- ⚠️Limited infrastructure
Best For
- 👤Tech startups
- 👤Budget-conscious
- 👤Remote workers
Which Should You Choose?
Choose Isle of Man if: You prioritize tax cap available and zero corporate tax. Ideal for egaming, crypto, british connection seekers.
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.