๐ฐ๐ผ Kuwait vs ๐ง๐ฒ Bermuda
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฐ๐ผ Kuwait | ๐ง๐ฒ Bermuda |
|---|---|---|
| Tax System | Zero Tax | Zero Tax |
| Income Tax (Foreign) | 0% | 0% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 15% (foreign corps) | 0% |
| Residency Requirement | Employment sponsorship | Work permit or property |
| Minimum Stay | Continuous residence | None |
| Cost of Living | High ($2,500-4,000/mo) | Very High ($6,000-10,000/mo) |
๐ฐ๐ผ Kuwait
Highlights
- โ Zero personal tax
- โ High salaries
- โ Tax-free savings
- โ Good healthcare
- โ Strategic location
Considerations
- โ ๏ธDifficult self-sponsorship
- โ ๏ธConservative society
- โ ๏ธHot climate
Best For
- ๐คEmployment-based expats
- ๐คOil & gas professionals
๐ง๐ฒ Bermuda
Highlights
- โ Zero personal tax
- โ British territory
- โ Strong insurance sector
- โ Close to US East Coast
- โ High quality of life
Considerations
- โ ๏ธExtremely expensive
- โ ๏ธSmall island
- โ ๏ธLimited entertainment
Best For
- ๐คInsurance/reinsurance
- ๐คUltra-high-net-worth
- ๐คUS proximity
Which Should You Choose?
Choose Kuwait if: You prioritize zero personal tax and high salaries. Ideal for employment-based expats, oil & gas professionals.
Choose Bermuda if: You prioritize zero personal tax and british territory. Ideal for insurance/reinsurance, ultra-high-net-worth, us proximity.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.