๐ฒ๐ช Montenegro vs ๐ฐ๐พ Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฒ๐ช Montenegro | ๐ฐ๐พ Cayman Islands |
|---|---|---|
| Tax System | Low Tax | Zero Tax |
| Income Tax (Foreign) | 9-15% | 0% |
| Capital Gains Tax | 9% | 0% |
| Corporate Tax | 9% | 0% |
| Residency Requirement | Property or company | $145k/year income |
| Minimum Stay | 183 days | None |
| Cost of Living | Low ($1,200-2,200/mo) | Very High ($5,000-8,000/mo) |
๐ฒ๐ช Montenegro
Highlights
- โ Very low tax rates
- โ Beautiful coastline
- โ EU candidate country
- โ Easy residency
- โ Growing tourism
Considerations
- โ ๏ธSmall country
- โ ๏ธNot EU yet
- โ ๏ธInfrastructure developing
Best For
- ๐คEU hopefuls
- ๐คBeach lovers
- ๐คLow-tax seekers
๐ฐ๐พ Cayman Islands
Highlights
- โ Zero taxes
- โ Major financial center
- โ British legal system
- โ Beautiful beaches
- โ Safe and stable
Considerations
- โ ๏ธVery expensive
- โ ๏ธSmall islands
- โ ๏ธHurricane risk
Best For
- ๐คHigh-net-worth
- ๐คFinance professionals
- ๐คFund managers
Which Should You Choose?
Choose Montenegro if: You prioritize very low tax rates and beautiful coastline. Ideal for eu hopefuls, beach lovers, low-tax 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.