๐ต๐น Portugal vs ๐ฐ๐พ Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ต๐น Portugal | ๐ฐ๐พ Cayman Islands |
|---|---|---|
| Tax System | NHR (Non-Habitual Resident) | Zero Tax |
| Income Tax (Foreign) | 20% flat (qualifying income) | 0% |
| Capital Gains Tax | 0% (foreign gains) | 0% |
| Corporate Tax | 21% | 0% |
| Residency Requirement | D7 Visa (passive income proof) | $145k/year income |
| Minimum Stay | 183 days/year | None |
| Cost of Living | Moderate ($2,000-3,000/mo) | Very High ($5,000-8,000/mo) |
๐ต๐น Portugal
Highlights
- โ EU membership & passport path
- โ NHR tax regime benefits
- โ High quality of life
- โ English widely spoken
- โ Great weather
Considerations
- โ ๏ธNHR being phased out for new applicants
- โ ๏ธ183-day stay requirement
- โ ๏ธHigher taxes after NHR ends
Best For
- ๐คEU access seekers
- ๐คRetirees
- ๐คQuality of life focus
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 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.