๐Ÿ‡ฒ๐Ÿ‡ฐ North Macedonia vs ๐Ÿ‡น๐Ÿ‡จ Turks and Caicos

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฒ๐Ÿ‡ฐ North Macedonia๐Ÿ‡น๐Ÿ‡จ Turks and Caicos
Tax SystemFlat TaxZero Tax
Income Tax (Foreign)10% flat0%
Capital Gains Tax10%0%
Corporate Tax10%0%
Residency RequirementBusiness or employmentPRC ($300k property)
Minimum Stay183 daysNone
Cost of LivingVery Low ($800-1,400/mo)High ($4,000-7,000/mo)

๐Ÿ‡ฒ๐Ÿ‡ฐ North Macedonia

Highlights

  • โœ…10% flat tax all around
  • โœ…Very low cost of living
  • โœ…Beautiful nature
  • โœ…Friendly people
  • โœ…Easy business setup

Considerations

  • โš ๏ธNot EU
  • โš ๏ธSmall market
  • โš ๏ธLimited international connections

Best For

  • ๐Ÿ‘คUltra-budget seekers
  • ๐Ÿ‘คBalkan explorers

๐Ÿ‡น๐Ÿ‡จ Turks and Caicos

Highlights

  • โœ…Zero taxes
  • โœ…Beautiful beaches
  • โœ…British territory
  • โœ…Close to USA
  • โœ…Low crime

Considerations

  • โš ๏ธExpensive
  • โš ๏ธSmall population
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คUS-adjacent tax planning
  • ๐Ÿ‘คRetirees

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 Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.

Not Sure Which is Right for You?

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