๐ต๐ญ Philippines vs ๐ฐ๐พ Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ต๐ญ Philippines | ๐ฐ๐พ Cayman Islands |
|---|---|---|
| Tax System | Territorial (residents) | Zero Tax |
| Income Tax (Foreign) | 0-35% | 0% |
| Capital Gains Tax | 6-15% | 0% |
| Corporate Tax | 25% | 0% |
| Residency Requirement | SRRV ($50k deposit) | $145k/year income |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($1,000-2,000/mo) | Very High ($5,000-8,000/mo) |
๐ต๐ญ Philippines
Highlights
- โ English widely spoken
- โ Very low cost of living
- โ Beautiful islands
- โ Friendly people
- โ Easy residency
Considerations
- โ ๏ธInfrastructure varies
- โ ๏ธTyphoon season
- โ ๏ธBureaucracy
Best For
- ๐คRetirees
- ๐คBudget nomads
- ๐คEnglish-speaking Asia
๐ฐ๐พ Cayman Islands
Highlights
- โ Zero taxes
- โ Major financial center
- โ British legal system
- โ Beautiful beaches
- โ Safe and stable
Considerations
- โ ๏ธVery expensive
- โ ๏ธSmall islands
- โ ๏ธHurricane risk
Best For
- ๐คHigh-net-worth
- ๐คFinance professionals
- ๐คFund managers
Which Should You Choose?
Choose Philippines if: You prioritize english widely spoken and very low cost of living. Ideal for retirees, budget nomads, english-speaking asia.
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.