๐Ÿ‡ฒ๐Ÿ‡ช Montenegro vs ๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฒ๐Ÿ‡ช Montenegro๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Tax SystemLow TaxZero Tax
Income Tax (Foreign)9-15%0%
Capital Gains Tax9%0%
Corporate Tax9%0%
Residency RequirementProperty or company$145k/year income
Minimum Stay183 daysNone
Cost of LivingLow ($1,200-2,200/mo)Very High ($5,000-8,000/mo)

๐Ÿ‡ฒ๐Ÿ‡ช Montenegro

Highlights

  • โœ…Very low tax rates
  • โœ…Beautiful coastline
  • โœ…EU candidate country
  • โœ…Easy residency
  • โœ…Growing tourism

Considerations

  • โš ๏ธSmall country
  • โš ๏ธNot EU yet
  • โš ๏ธInfrastructure developing

Best For

  • ๐Ÿ‘คEU hopefuls
  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คLow-tax 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 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.