🇸🇬 Singapore vs 🇹🇨 Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇸🇬 Singapore | 🇹🇨 Turks and Caicos |
|---|---|---|
| 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 | PRC ($300k property) |
| Minimum Stay | 183 days for tax residency | None |
| Cost of Living | Very High ($4,000-7,000/mo) | High ($4,000-7,000/mo) |
🇸🇬 Singapore
Highlights
- ✅Zero capital gains tax
- ✅Territorial system
- ✅World-class infrastructure
- ✅English speaking
- ✅Global finance hub
Considerations
- ⚠️Very expensive
- ⚠️Hard to get residency
- ⚠️Hot and humid
Best For
- 👤High earners
- 👤Entrepreneurs
- 👤Finance professionals
🇹🇨 Turks and Caicos
Highlights
- ✅Zero taxes
- ✅Beautiful beaches
- ✅British territory
- ✅Close to USA
- ✅Low crime
Considerations
- ⚠️Expensive
- ⚠️Small population
- ⚠️Hurricane risk
Best For
- 👤Beach lovers
- 👤US-adjacent tax planning
- 👤Retirees
Which Should You Choose?
Choose Singapore if: You prioritize zero capital gains tax and territorial system. Ideal for high earners, entrepreneurs, finance professionals.
Choose Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.