🇵🇭 Philippines vs 🇹🇨 Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇭 Philippines | 🇹🇨 Turks and Caicos |
|---|---|---|
| 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) | PRC ($300k property) |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($1,000-2,000/mo) | High ($4,000-7,000/mo) |
🇵🇭 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
🇹🇨 Turks and Caicos
Highlights
- ✅Zero taxes
- ✅Beautiful beaches
- ✅British territory
- ✅Close to USA
- ✅Low crime
Considerations
- ⚠️Expensive
- ⚠️Small population
- ⚠️Hurricane risk
Best For
- 👤Beach lovers
- 👤US-adjacent tax planning
- 👤Retirees
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 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.