🇳🇮 Nicaragua vs 🇲🇰 North Macedonia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇳🇮 Nicaragua | 🇲🇰 North Macedonia |
|---|---|---|
| Tax System | Territorial | Flat Tax |
| Income Tax (Foreign) | 0% (foreign income) | 10% flat |
| Capital Gains Tax | 0% (foreign) | 10% |
| Corporate Tax | 30% | 10% |
| Residency Requirement | $750/mo income proof | Business or employment |
| Minimum Stay | None required | 183 days |
| Cost of Living | Very Low ($600-1,200/mo) | Very Low ($800-1,400/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
🇲🇰 North Macedonia
Highlights
- ✅10% flat tax all around
- ✅Very low cost of living
- ✅Beautiful nature
- ✅Friendly people
- ✅Easy business setup
Considerations
- ⚠️Not EU
- ⚠️Small market
- ⚠️Limited international connections
Best For
- 👤Ultra-budget seekers
- 👤Balkan explorers
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 North Macedonia if: You prioritize 10% flat tax all around and very low cost of living. Ideal for ultra-budget seekers, balkan explorers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.