๐ท๐ด Romania vs ๐น๐จ Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ท๐ด Romania | ๐น๐จ Turks and Caicos |
|---|---|---|
| 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 | PRC ($300k property) |
| Minimum Stay | 183 days | None |
| Cost of Living | Very Low ($1,000-2,000/mo) | High ($4,000-7,000/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
๐น๐จ Turks and Caicos
Highlights
- โ Zero taxes
- โ Beautiful beaches
- โ British territory
- โ Close to USA
- โ Low crime
Considerations
- โ ๏ธExpensive
- โ ๏ธSmall population
- โ ๏ธHurricane risk
Best For
- ๐คBeach lovers
- ๐คUS-adjacent tax planning
- ๐คRetirees
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 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.