๐Ÿ‡ธ๐Ÿ‡ฌ Singapore vs ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ธ๐Ÿ‡ฌ Singapore๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia
Tax SystemTerritorialFlat Tax
Income Tax (Foreign)0-24%20% flat
Capital Gains Tax0%0%
Corporate Tax17%18%
Residency RequirementEntrePass or EmploymentEasy residency
Minimum Stay183 days for tax residencyNone required
Cost of LivingVery High ($4,000-7,000/mo)Very Low ($800-1,500/mo)

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore

Highlights

  • โœ…Zero capital gains tax
  • โœ…Territorial system
  • โœ…World-class infrastructure
  • โœ…English speaking
  • โœ…Global finance hub

Considerations

  • โš ๏ธVery expensive
  • โš ๏ธHard to get residency
  • โš ๏ธHot and humid

Best For

  • ๐Ÿ‘คHigh earners
  • ๐Ÿ‘คEntrepreneurs
  • ๐Ÿ‘คFinance professionals

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Highlights

  • โœ…Zero capital gains tax
  • โœ…Low flat income tax
  • โœ…Easy residency
  • โœ…Very low cost of living
  • โœ…Tech scene growing

Considerations

  • โš ๏ธRegional tensions
  • โš ๏ธNot EU
  • โš ๏ธLimited infrastructure

Best For

  • ๐Ÿ‘คTech startups
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คRemote workers

Which Should You Choose?

Choose Singapore if: You prioritize zero capital gains tax and territorial system. Ideal for high earners, entrepreneurs, finance professionals.

Choose Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.

Not Sure Which is Right for You?

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