๐Ÿ‡ท๐Ÿ‡ธ Serbia vs ๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ท๐Ÿ‡ธ Serbia๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Tax SystemFlat TaxZero Tax
Income Tax (Foreign)10-15%0%
Capital Gains Tax15%0%
Corporate Tax15%0%
Residency RequirementEasy temporary residencyWork permit or property
Minimum Stay183 daysNone
Cost of LivingVery Low ($900-1,700/mo)Very High ($6,000-10,000/mo)

๐Ÿ‡ท๐Ÿ‡ธ Serbia

Highlights

  • โœ…Low flat taxes
  • โœ…Easy residency
  • โœ…Very low cost of living
  • โœ…Friendly people
  • โœ…Growing startup scene

Considerations

  • โš ๏ธNot EU (yet)
  • โš ๏ธVisa-free limited
  • โš ๏ธSome bureaucracy

Best For

  • ๐Ÿ‘คBalkan base
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คEU aspirants

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 Serbia if: You prioritize low flat taxes and easy residency. Ideal for balkan base, budget-conscious, eu aspirants.

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.