๐ท๐ด Romania vs ๐ฐ๐พ Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ท๐ด Romania | ๐ฐ๐พ Cayman Islands |
|---|---|---|
| Tax System | Flat Tax | Zero Tax |
| Income Tax (Foreign) | 10% flat | 0% |
| Capital Gains Tax | 10% | 0% |
| Corporate Tax | 16% | 0% |
| Residency Requirement | EU/EEA free movement | $145k/year income |
| Minimum Stay | 183 days | None |
| Cost of Living | Very Low ($1,000-2,000/mo) | Very High ($5,000-8,000/mo) |
๐ท๐ด Romania
Highlights
- โ 10% flat tax
- โ EU membership
- โ Low cost of living
- โ Good internet
- โ Tech scene growing
Considerations
- โ ๏ธBureaucracy
- โ ๏ธInfrastructure outside cities
- โ ๏ธLanguage barrier
Best For
- ๐คEU budget option
- ๐คTech workers
- ๐คDigital nomads
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 Romania if: You prioritize 10% flat tax and eu membership. Ideal for eu budget option, tech workers, digital nomads.
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.