🇳🇮 Nicaragua vs 🇮🇲 Isle of Man
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇳🇮 Nicaragua | 🇮🇲 Isle of Man |
|---|---|---|
| Tax System | Territorial | Low Tax |
| Income Tax (Foreign) | 0% (foreign income) | 20% (capped) |
| Capital Gains Tax | 0% (foreign) | 0% |
| Corporate Tax | 30% | 0% |
| Residency Requirement | $750/mo income proof | Work permit or investor |
| Minimum Stay | None required | 6 months |
| Cost of Living | Very Low ($600-1,200/mo) | Moderate ($2,500-4,000/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
🇮🇲 Isle of Man
Highlights
- ✅Tax cap available
- ✅Zero corporate tax
- ✅Zero capital gains
- ✅British connection
- ✅Motorcycle TT races
Considerations
- ⚠️Remote location
- ⚠️Limited entertainment
- ⚠️Weather
Best For
- 👤eGaming
- 👤Crypto
- 👤British connection seekers
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 Isle of Man if: You prioritize tax cap available and zero corporate tax. Ideal for egaming, crypto, british connection seekers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.