๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
Tax SystemTerritorialNon-Dom Regime
Income Tax (Foreign)0% (foreign income)20-45%
Capital Gains Tax0% (foreign)0% (non-dom, unremitted)
Corporate Tax30%25%
Residency Requirement$750/mo income proofVarious visas available
Minimum StayNone requiredTax residency tests
Cost of LivingVery Low ($600-1,200/mo)High ($3,500-6,000/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‡ฌ๐Ÿ‡ง United Kingdom

Highlights

  • โœ…Non-dom status available
  • โœ…Global financial hub
  • โœ…English speaking
  • โœ…Common law
  • โœ…Strong legal system

Considerations

  • โš ๏ธNon-dom being reformed
  • โš ๏ธHigh cost of living
  • โš ๏ธWeather

Best For

  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คNon-dom planning
  • ๐Ÿ‘คGlobal business

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 United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.