🇲🇾 Malaysia vs 🇧🇲 Bermuda
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇾 Malaysia | 🇧🇲 Bermuda |
|---|---|---|
| Tax System | Territorial | Zero Tax |
| Income Tax (Foreign) | 0% (foreign income) | 0% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 24% | 0% |
| Residency Requirement | MM2H (complex) | Work permit or property |
| Minimum Stay | None for tax benefits | None |
| Cost of Living | Low ($1,500-2,500/mo) | Very High ($6,000-10,000/mo) |
🇲🇾 Malaysia
Highlights
- ✅Zero tax on foreign income
- ✅English widely spoken
- ✅Modern infrastructure
- ✅Multicultural society
- ✅Great food
Considerations
- ⚠️MM2H requirements tightened
- ⚠️Hot and humid climate
- ⚠️Some restrictions on activities
Best For
- 👤Families
- 👤Retirees
- 👤Asia-based professionals
🇧🇲 Bermuda
Highlights
- ✅Zero personal tax
- ✅British territory
- ✅Strong insurance sector
- ✅Close to US East Coast
- ✅High quality of life
Considerations
- ⚠️Extremely expensive
- ⚠️Small island
- ⚠️Limited entertainment
Best For
- 👤Insurance/reinsurance
- 👤Ultra-high-net-worth
- 👤US proximity
Which Should You Choose?
Choose Malaysia if: You prioritize zero tax on foreign income and english widely spoken. Ideal for families, retirees, asia-based 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.