๐Ÿ‡ธ๐Ÿ‡ฌ Singapore vs ๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ธ๐Ÿ‡ฌ Singapore๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia
Tax SystemTerritorialNew Tax Holiday
Income Tax (Foreign)0-24%0% (5 years, new residents)
Capital Gains Tax0%0% (foreign)
Corporate Tax17%22%
Residency RequirementEntrePass or EmploymentSecond Home Visa
Minimum Stay183 days for tax residencyNone required
Cost of LivingVery High ($4,000-7,000/mo)Very Low ($1,000-2,000/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‡ฎ๐Ÿ‡ฉ Indonesia

Highlights

  • โœ…New tax holiday for new residents
  • โœ…Beautiful islands (Bali)
  • โœ…Very low cost of living
  • โœ…Large expat community
  • โœ…Digital nomad visa

Considerations

  • โš ๏ธRules still evolving
  • โš ๏ธInfrastructure varies
  • โš ๏ธVisa complexity

Best For

  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คBali lovers
  • ๐Ÿ‘คBudget-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.