๐Ÿ‡ฎ๐Ÿ‡น Italy vs ๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฎ๐Ÿ‡น Italy๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Tax SystemFlat Tax RegimeZero Tax
Income Tax (Foreign)โ‚ฌ100k flat (foreign income)0%
Capital Gains Tax0% (foreign)0%
Corporate Tax24%0%
Residency RequirementElective Residency Visa$145k/year income
Minimum Stay183 daysNone
Cost of LivingModerate-High ($2,500-4,000/mo)Very High ($5,000-8,000/mo)

๐Ÿ‡ฎ๐Ÿ‡น Italy

Highlights

  • โœ…โ‚ฌ100k flat tax on foreign income
  • โœ…World-class culture
  • โœ…Amazing food
  • โœ…EU membership
  • โœ…Beautiful country

Considerations

  • โš ๏ธBureaucracy
  • โš ๏ธLanguage barrier
  • โš ๏ธRegime has time limits

Best For

  • ๐Ÿ‘คWealthy individuals
  • ๐Ÿ‘คCulture lovers
  • ๐Ÿ‘คEU access seekers

๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands

Highlights

  • โœ…Zero taxes
  • โœ…Major financial center
  • โœ…British legal system
  • โœ…Beautiful beaches
  • โœ…Safe and stable

Considerations

  • โš ๏ธVery expensive
  • โš ๏ธSmall islands
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คHigh-net-worth
  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คFund managers

Which Should You Choose?

Choose Italy if: You prioritize โ‚ฌ100k flat tax on foreign income and world-class culture. Ideal for wealthy individuals, culture lovers, eu access seekers.

Choose Cayman Islands if: You prioritize zero taxes and major financial center. Ideal for high-net-worth, finance professionals, fund managers.

Not Sure Which is Right for You?

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