๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica
Tax SystemTerritorial (changing)Zero Tax (non-residents)
Income Tax (Foreign)0-35% (local income)0% (foreign income)
Capital Gains Tax0% (foreign, if not remitted)0%
Corporate Tax20%25%
Residency RequirementLTR Visa ($80k/year income)CBI ($100k donation)
Minimum Stay180 days for tax residencyNone
Cost of LivingLow ($1,200-2,500/mo)Low ($1,500-2,500/mo)

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica

Highlights

  • โœ…Cheapest CBI program
  • โœ…Zero tax on foreign income
  • โœ…Nature island
  • โœ…Low cost of living
  • โœ…Second passport

Considerations

  • โš ๏ธLimited infrastructure
  • โš ๏ธSmall economy
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คBudget CBI
  • ๐Ÿ‘คNature lovers
  • ๐Ÿ‘คSecond passport

Which Should You Choose?

Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.

Choose Dominica if: You prioritize cheapest cbi program and zero tax on foreign income. Ideal for budget cbi, nature lovers, second passport.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.