🇲🇰 North Macedonia vs 🇰🇾 Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇰 North Macedonia | 🇰🇾 Cayman Islands |
|---|---|---|
| Tax System | Flat Tax | Zero Tax |
| Income Tax (Foreign) | 10% flat | 0% |
| Capital Gains Tax | 10% | 0% |
| Corporate Tax | 10% | 0% |
| Residency Requirement | Business or employment | $145k/year income |
| Minimum Stay | 183 days | None |
| Cost of Living | Very Low ($800-1,400/mo) | Very High ($5,000-8,000/mo) |
🇲🇰 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
🇰🇾 Cayman Islands
Highlights
- ✅Zero taxes
- ✅Major financial center
- ✅British legal system
- ✅Beautiful beaches
- ✅Safe and stable
Considerations
- ⚠️Very expensive
- ⚠️Small islands
- ⚠️Hurricane risk
Best For
- 👤High-net-worth
- 👤Finance professionals
- 👤Fund managers
Which Should You Choose?
Choose North Macedonia if: You prioritize 10% flat tax all around and very low cost of living. Ideal for ultra-budget seekers, balkan explorers.
Choose Cayman Islands if: You prioritize zero taxes and major financial center. Ideal for high-net-worth, finance professionals, fund managers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.