๐ณ๐ฎ Nicaragua vs ๐ฏ๐ช Channel Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ณ๐ฎ Nicaragua | ๐ฏ๐ช Channel Islands |
|---|---|---|
| Tax System | Territorial | Low Tax |
| Income Tax (Foreign) | 0% (foreign income) | 20% flat |
| Capital Gains Tax | 0% (foreign) | 0% |
| Corporate Tax | 30% | 0-10% |
| Residency Requirement | $750/mo income proof | High-value resident status |
| Minimum Stay | None required | Varies by island |
| Cost of Living | Very Low ($600-1,200/mo) | High ($3,000-5,000/mo) |
๐ณ๐ฎ Nicaragua
Highlights
- โ Lowest cost in Americas
- โ Beautiful beaches
- โ Easy residency
- โ Territorial taxation
- โ Growing expat community
Considerations
- โ ๏ธPolitical concerns
- โ ๏ธBasic infrastructure
- โ ๏ธLimited banking
Best For
- ๐คBudget nomads
- ๐คBeach lovers
- ๐คAdventurous types
๐ฏ๐ช Channel Islands
Highlights
- โ Low flat tax rate
- โ Zero capital gains
- โ British legal system
- โ Near UK/France
- โ Financial services hub
Considerations
- โ ๏ธExpensive property
- โ ๏ธSmall islands
- โ ๏ธWeather
Best For
- ๐คFinance professionals
- ๐คUK alternatives
- ๐คOffshore planning
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 Channel Islands if: You prioritize low flat tax rate and zero capital gains. Ideal for finance professionals, uk alternatives, offshore planning.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.