🇳🇮 Nicaragua vs 🇵🇭 Philippines
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇳🇮 Nicaragua | 🇵🇭 Philippines |
|---|---|---|
| Tax System | Territorial | Territorial (residents) |
| Income Tax (Foreign) | 0% (foreign income) | 0-35% |
| Capital Gains Tax | 0% (foreign) | 6-15% |
| Corporate Tax | 30% | 25% |
| Residency Requirement | $750/mo income proof | SRRV ($50k deposit) |
| Minimum Stay | None required | None required |
| Cost of Living | Very Low ($600-1,200/mo) | Very Low ($1,000-2,000/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
🇵🇭 Philippines
Highlights
- ✅English widely spoken
- ✅Very low cost of living
- ✅Beautiful islands
- ✅Friendly people
- ✅Easy residency
Considerations
- ⚠️Infrastructure varies
- ⚠️Typhoon season
- ⚠️Bureaucracy
Best For
- 👤Retirees
- 👤Budget nomads
- 👤English-speaking Asia
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 Philippines if: You prioritize english widely spoken and very low cost of living. Ideal for retirees, budget nomads, english-speaking asia.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.