🇲🇾 Malaysia vs 🇹🇨 Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇾 Malaysia | 🇹🇨 Turks and Caicos |
|---|---|---|
| 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) | PRC ($300k property) |
| Minimum Stay | None for tax benefits | None |
| Cost of Living | Low ($1,500-2,500/mo) | High ($4,000-7,000/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
🇹🇨 Turks and Caicos
Highlights
- ✅Zero taxes
- ✅Beautiful beaches
- ✅British territory
- ✅Close to USA
- ✅Low crime
Considerations
- ⚠️Expensive
- ⚠️Small population
- ⚠️Hurricane risk
Best For
- 👤Beach lovers
- 👤US-adjacent tax planning
- 👤Retirees
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 Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.