๐ธ๐ฌ Singapore vs ๐ฎ๐ฉ Indonesia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ธ๐ฌ Singapore | ๐ฎ๐ฉ Indonesia |
|---|---|---|
| Tax System | Territorial | New Tax Holiday |
| Income Tax (Foreign) | 0-24% | 0% (5 years, new residents) |
| Capital Gains Tax | 0% | 0% (foreign) |
| Corporate Tax | 17% | 22% |
| Residency Requirement | EntrePass or Employment | Second Home Visa |
| Minimum Stay | 183 days for tax residency | None required |
| Cost of Living | Very High ($4,000-7,000/mo) | Very Low ($1,000-2,000/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
๐ฎ๐ฉ Indonesia
Highlights
- โ New tax holiday for new residents
- โ Beautiful islands (Bali)
- โ Very low cost of living
- โ Large expat community
- โ Digital nomad visa
Considerations
- โ ๏ธRules still evolving
- โ ๏ธInfrastructure varies
- โ ๏ธVisa complexity
Best For
- ๐คDigital nomads
- ๐คBali lovers
- ๐คBudget-conscious
Which Should You Choose?
Choose Singapore if: You prioritize zero capital gains tax and territorial system. Ideal for high earners, entrepreneurs, finance professionals.
Choose Indonesia if: You prioritize new tax holiday for new residents and beautiful islands (bali). Ideal for digital nomads, bali lovers, budget-conscious.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.