๐ฎ๐ฒ Isle of Man vs ๐ฉ๐ฒ Dominica
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฎ๐ฒ Isle of Man | ๐ฉ๐ฒ Dominica |
|---|---|---|
| Tax System | Low Tax | Zero Tax (non-residents) |
| Income Tax (Foreign) | 20% (capped) | 0% (foreign income) |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 0% | 25% |
| Residency Requirement | Work permit or investor | CBI ($100k donation) |
| Minimum Stay | 6 months | None |
| Cost of Living | Moderate ($2,500-4,000/mo) | Low ($1,500-2,500/mo) |
๐ฎ๐ฒ Isle of Man
Highlights
- โ Tax cap available
- โ Zero corporate tax
- โ Zero capital gains
- โ British connection
- โ Motorcycle TT races
Considerations
- โ ๏ธRemote location
- โ ๏ธLimited entertainment
- โ ๏ธWeather
Best For
- ๐คeGaming
- ๐คCrypto
- ๐คBritish connection seekers
๐ฉ๐ฒ Dominica
Highlights
- โ Cheapest CBI program
- โ Zero tax on foreign income
- โ Nature island
- โ Low cost of living
- โ Second passport
Considerations
- โ ๏ธLimited infrastructure
- โ ๏ธSmall economy
- โ ๏ธHurricane risk
Best For
- ๐คBudget CBI
- ๐คNature lovers
- ๐คSecond passport
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 Dominica if: You prioritize cheapest cbi program and zero tax on foreign income. Ideal for budget cbi, nature lovers, second passport.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.