๐Ÿ‡ต๐Ÿ‡น Portugal vs ๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ต๐Ÿ‡น Portugal๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Tax SystemNHR (Non-Habitual Resident)Zero Tax
Income Tax (Foreign)20% flat (qualifying income)0%
Capital Gains Tax0% (foreign gains)0%
Corporate Tax21%0%
Residency RequirementD7 Visa (passive income proof)$145k/year income
Minimum Stay183 days/yearNone
Cost of LivingModerate ($2,000-3,000/mo)Very High ($5,000-8,000/mo)

๐Ÿ‡ต๐Ÿ‡น Portugal

Highlights

  • โœ…EU membership & passport path
  • โœ…NHR tax regime benefits
  • โœ…High quality of life
  • โœ…English widely spoken
  • โœ…Great weather

Considerations

  • โš ๏ธNHR being phased out for new applicants
  • โš ๏ธ183-day stay requirement
  • โš ๏ธHigher taxes after NHR ends

Best For

  • ๐Ÿ‘คEU access seekers
  • ๐Ÿ‘คRetirees
  • ๐Ÿ‘คQuality of life focus

๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands

Highlights

  • โœ…Zero taxes
  • โœ…Major financial center
  • โœ…British legal system
  • โœ…Beautiful beaches
  • โœ…Safe and stable

Considerations

  • โš ๏ธVery expensive
  • โš ๏ธSmall islands
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คHigh-net-worth
  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คFund managers

Which Should You Choose?

Choose Portugal if: You prioritize eu membership & passport path and nhr tax regime benefits. Ideal for eu access seekers, retirees, quality of life focus.

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.