🇹🇭 Thailand vs 🇦🇲 Armenia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇹🇭 Thailand | 🇦🇲 Armenia |
|---|---|---|
| Tax System | Territorial (changing) | Flat Tax |
| Income Tax (Foreign) | 0-35% (local income) | 20% flat |
| Capital Gains Tax | 0% (foreign, if not remitted) | 0% |
| Corporate Tax | 20% | 18% |
| Residency Requirement | LTR Visa ($80k/year income) | Easy residency |
| Minimum Stay | 180 days for tax residency | None required |
| Cost of Living | Low ($1,200-2,500/mo) | Very Low ($800-1,500/mo) |
🇹🇭 Thailand
Highlights
- ✅Amazing lifestyle
- ✅Low cost of living
- ✅Great food and culture
- ✅Digital nomad friendly
- ✅Good healthcare
Considerations
- ⚠️Tax rules changing in 2024
- ⚠️Visa can be complex
- ⚠️Language barrier
Best For
- 👤Lifestyle seekers
- 👤Digital nomads
- 👤Retirees
🇦🇲 Armenia
Highlights
- ✅Zero capital gains tax
- ✅Low flat income tax
- ✅Easy residency
- ✅Very low cost of living
- ✅Tech scene growing
Considerations
- ⚠️Regional tensions
- ⚠️Not EU
- ⚠️Limited infrastructure
Best For
- 👤Tech startups
- 👤Budget-conscious
- 👤Remote workers
Which Should You Choose?
Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
Choose Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.