๐Ÿ‡ธ๐Ÿ‡ฌ Singapore vs ๐Ÿ‡ง๐Ÿ‡ธ Bahamas

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ธ๐Ÿ‡ฌ Singapore๐Ÿ‡ง๐Ÿ‡ธ Bahamas
Tax SystemTerritorialZero Tax
Income Tax (Foreign)0-24%0%
Capital Gains Tax0%0%
Corporate Tax17%0%
Residency RequirementEntrePass or Employment$750k property or $1.5M+ investment
Minimum Stay183 days for tax residencyNone
Cost of LivingVery High ($4,000-7,000/mo)High ($3,500-6,000/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‡ง๐Ÿ‡ธ Bahamas

Highlights

  • โœ…Zero taxes
  • โœ…Close to USA
  • โœ…English speaking
  • โœ…Beautiful islands
  • โœ…Stable democracy

Considerations

  • โš ๏ธHigh residency bar
  • โš ๏ธExpensive
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คUS-adjacent tax haven
  • ๐Ÿ‘คWealthy individuals
  • ๐Ÿ‘คYacht 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.