🇳🇮 Nicaragua vs 🇦🇲 Armenia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇳🇮 Nicaragua | 🇦🇲 Armenia |
|---|---|---|
| Tax System | Territorial | Flat Tax |
| Income Tax (Foreign) | 0% (foreign income) | 20% flat |
| Capital Gains Tax | 0% (foreign) | 0% |
| Corporate Tax | 30% | 18% |
| Residency Requirement | $750/mo income proof | Easy residency |
| Minimum Stay | None required | None required |
| Cost of Living | Very Low ($600-1,200/mo) | Very Low ($800-1,500/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
🇦🇲 Armenia
Highlights
- ✅Zero capital gains tax
- ✅Low flat income tax
- ✅Easy residency
- ✅Very low cost of living
- ✅Tech scene growing
Considerations
- ⚠️Regional tensions
- ⚠️Not EU
- ⚠️Limited infrastructure
Best For
- 👤Tech startups
- 👤Budget-conscious
- 👤Remote workers
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 Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.