🇨🇭 Switzerland vs 🇹🇨 Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇭 Switzerland | 🇹🇨 Turks and Caicos |
|---|---|---|
| Tax System | Lump-Sum Taxation | Zero Tax |
| Income Tax (Foreign) | 0% (lump-sum option) | 0% |
| Capital Gains Tax | 0% (private) | 0% |
| Corporate Tax | 11-24% | 0% |
| Residency Requirement | Lump-sum agreement | PRC ($300k property) |
| Minimum Stay | Permanent residence | None |
| Cost of Living | Very High ($5,000-8,000/mo) | High ($4,000-7,000/mo) |
🇨🇭 Switzerland
Highlights
- ✅Lump-sum taxation option
- ✅Political stability
- ✅Banking privacy
- ✅High quality of life
- ✅Central Europe access
Considerations
- ⚠️Very expensive
- ⚠️Lump-sum has min thresholds
- ⚠️Strict immigration
Best For
- 👤Ultra-wealthy
- 👤Privacy seekers
- 👤Stability focus
🇹🇨 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 Switzerland if: You prioritize lump-sum taxation option and political stability. Ideal for ultra-wealthy, privacy seekers, stability focus.
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.