🇳🇮 Nicaragua vs 🇦🇩 Andorra
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇳🇮 Nicaragua | 🇦🇩 Andorra |
|---|---|---|
| Tax System | Territorial | Low Tax |
| Income Tax (Foreign) | 0% (foreign income) | 0-10% |
| Capital Gains Tax | 0% (foreign) | 0-10% |
| Corporate Tax | 30% | 10% |
| Residency Requirement | $750/mo income proof | €50k deposit + €400k investment |
| Minimum Stay | None required | 90 days |
| Cost of Living | Very Low ($600-1,200/mo) | Moderate ($2,000-3,500/mo) |
🇳🇮 Nicaragua
Highlights
- ✅Lowest cost in Americas
- ✅Beautiful beaches
- ✅Easy residency
- ✅Territorial taxation
- ✅Growing expat community
Considerations
- ⚠️Political concerns
- ⚠️Basic infrastructure
- ⚠️Limited banking
Best For
- 👤Budget nomads
- 👤Beach lovers
- 👤Adventurous types
🇦🇩 Andorra
Highlights
- ✅Very low taxes
- ✅Safe country
- ✅Mountain lifestyle
- ✅Near Spain/France
- ✅Growing crypto scene
Considerations
- ⚠️Not EU member
- ⚠️Small country
- ⚠️Limited services
Best For
- 👤Skiers
- 👤Low-tax EU access
- 👤Crypto
Which Should You Choose?
Choose Nicaragua if: You prioritize lowest cost in americas and beautiful beaches. Ideal for budget nomads, beach lovers, adventurous types.
Choose Andorra if: You prioritize very low taxes and safe country. Ideal for skiers, low-tax eu access, crypto.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.