๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ฒ๐Ÿ‡ฐ North Macedonia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ฒ๐Ÿ‡ฐ North Macedonia
Tax SystemTerritorial (changing)Flat Tax
Income Tax (Foreign)0-35% (local income)10% flat
Capital Gains Tax0% (foreign, if not remitted)10%
Corporate Tax20%10%
Residency RequirementLTR Visa ($80k/year income)Business or employment
Minimum Stay180 days for tax residency183 days
Cost of LivingLow ($1,200-2,500/mo)Very Low ($800-1,400/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‡ฒ๐Ÿ‡ฐ North Macedonia

Highlights

  • โœ…10% flat tax all around
  • โœ…Very low cost of living
  • โœ…Beautiful nature
  • โœ…Friendly people
  • โœ…Easy business setup

Considerations

  • โš ๏ธNot EU
  • โš ๏ธSmall market
  • โš ๏ธLimited international connections

Best For

  • ๐Ÿ‘คUltra-budget seekers
  • ๐Ÿ‘คBalkan explorers

Which Should You Choose?

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

Choose North Macedonia if: You prioritize 10% flat tax all around and very low cost of living. Ideal for ultra-budget seekers, balkan explorers.

Not Sure Which is Right for You?

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