๐ธ๐ฌ Singapore vs ๐ง๐ธ Bahamas
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ธ๐ฌ Singapore | ๐ง๐ธ Bahamas |
|---|---|---|
| Tax System | Territorial | Zero Tax |
| Income Tax (Foreign) | 0-24% | 0% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 17% | 0% |
| Residency Requirement | EntrePass or Employment | $750k property or $1.5M+ investment |
| Minimum Stay | 183 days for tax residency | None |
| Cost of Living | Very High ($4,000-7,000/mo) | High ($3,500-6,000/mo) |
๐ธ๐ฌ Singapore
Highlights
- โ Zero capital gains tax
- โ Territorial system
- โ World-class infrastructure
- โ English speaking
- โ Global finance hub
Considerations
- โ ๏ธVery expensive
- โ ๏ธHard to get residency
- โ ๏ธHot and humid
Best For
- ๐คHigh earners
- ๐คEntrepreneurs
- ๐คFinance professionals
๐ง๐ธ Bahamas
Highlights
- โ Zero taxes
- โ Close to USA
- โ English speaking
- โ Beautiful islands
- โ Stable democracy
Considerations
- โ ๏ธHigh residency bar
- โ ๏ธExpensive
- โ ๏ธHurricane risk
Best For
- ๐คUS-adjacent tax haven
- ๐คWealthy individuals
- ๐คYacht owners
Which Should You Choose?
Choose Singapore if: You prioritize zero capital gains tax and territorial system. Ideal for high earners, entrepreneurs, finance professionals.
Choose Bahamas if: You prioritize zero taxes and close to usa. Ideal for us-adjacent tax haven, wealthy individuals, yacht owners.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.