๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia vs ๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Tax SystemZero TaxZero Tax
Income Tax (Foreign)0%0%
Capital Gains Tax0%0%
Corporate Tax20%0%
Residency RequirementPremium Residency ($213k)Work permit or property
Minimum StayNone requiredNone
Cost of LivingModerate ($2,000-4,000/mo)Very High ($6,000-10,000/mo)

๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia

Highlights

  • โœ…Zero personal income tax
  • โœ…Modernizing rapidly
  • โœ…New entertainment options
  • โœ…Growing business hub
  • โœ…Premium residency program

Considerations

  • โš ๏ธStill conservative
  • โš ๏ธHot climate
  • โš ๏ธSocial restrictions

Best For

  • ๐Ÿ‘คBusiness investors
  • ๐Ÿ‘คRegional HQ seekers
  • ๐Ÿ‘คHigh earners

๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

Highlights

  • โœ…Zero personal tax
  • โœ…British territory
  • โœ…Strong insurance sector
  • โœ…Close to US East Coast
  • โœ…High quality of life

Considerations

  • โš ๏ธExtremely expensive
  • โš ๏ธSmall island
  • โš ๏ธLimited entertainment

Best For

  • ๐Ÿ‘คInsurance/reinsurance
  • ๐Ÿ‘คUltra-high-net-worth
  • ๐Ÿ‘คUS proximity

Which Should You Choose?

Choose Saudi Arabia if: You prioritize zero personal income tax and modernizing rapidly. Ideal for business investors, regional hq seekers, high earners.

Choose Bermuda if: You prioritize zero personal tax and british territory. Ideal for insurance/reinsurance, ultra-high-net-worth, us proximity.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.