๐น๐ญ Thailand vs ๐ฉ๐ฒ Dominica
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐น๐ญ Thailand | ๐ฉ๐ฒ Dominica |
|---|---|---|
| Tax System | Territorial (changing) | Zero Tax (non-residents) |
| Income Tax (Foreign) | 0-35% (local income) | 0% (foreign income) |
| Capital Gains Tax | 0% (foreign, if not remitted) | 0% |
| Corporate Tax | 20% | 25% |
| Residency Requirement | LTR Visa ($80k/year income) | CBI ($100k donation) |
| Minimum Stay | 180 days for tax residency | None |
| Cost of Living | Low ($1,200-2,500/mo) | Low ($1,500-2,500/mo) |
๐น๐ญ Thailand
Highlights
- โ Amazing lifestyle
- โ Low cost of living
- โ Great food and culture
- โ Digital nomad friendly
- โ Good healthcare
Considerations
- โ ๏ธTax rules changing in 2024
- โ ๏ธVisa can be complex
- โ ๏ธLanguage barrier
Best For
- ๐คLifestyle seekers
- ๐คDigital nomads
- ๐คRetirees
๐ฉ๐ฒ Dominica
Highlights
- โ Cheapest CBI program
- โ Zero tax on foreign income
- โ Nature island
- โ Low cost of living
- โ Second passport
Considerations
- โ ๏ธLimited infrastructure
- โ ๏ธSmall economy
- โ ๏ธHurricane risk
Best For
- ๐คBudget CBI
- ๐คNature lovers
- ๐คSecond 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.