๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡จ๐Ÿ‡พ Cyprus

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua๐Ÿ‡จ๐Ÿ‡พ Cyprus
Tax SystemTerritorialNon-Dom Regime
Income Tax (Foreign)0% (foreign income)0% on dividends
Capital Gains Tax0% (foreign)0% (most cases)
Corporate Tax30%12.5%
Residency Requirement$750/mo income proofCategory F permit (โ‚ฌ50k deposit)
Minimum StayNone required60 days (special regime)
Cost of LivingVery Low ($600-1,200/mo)Moderate ($2,000-3,500/mo)

๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua

Highlights

  • โœ…Lowest cost in Americas
  • โœ…Beautiful beaches
  • โœ…Easy residency
  • โœ…Territorial taxation
  • โœ…Growing expat community

Considerations

  • โš ๏ธPolitical concerns
  • โš ๏ธBasic infrastructure
  • โš ๏ธLimited banking

Best For

  • ๐Ÿ‘คBudget nomads
  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คAdventurous types

๐Ÿ‡จ๐Ÿ‡พ Cyprus

Highlights

  • โœ…EU membership
  • โœ…English widely spoken
  • โœ…60-day rule for tax residency
  • โœ…Non-dom dividend exemption
  • โœ…Good weather

Considerations

  • โš ๏ธDivided island
  • โš ๏ธHot summers
  • โš ๏ธLimited winter activities

Best For

  • ๐Ÿ‘คNon-dom status seekers
  • ๐Ÿ‘คHolding companies
  • ๐Ÿ‘คYacht owners

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 Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.

Not Sure Which is Right for You?

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