๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ท๐Ÿ‡ธ Serbia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ท๐Ÿ‡ธ Serbia
Tax SystemTerritorial (changing)Flat Tax
Income Tax (Foreign)0-35% (local income)10-15%
Capital Gains Tax0% (foreign, if not remitted)15%
Corporate Tax20%15%
Residency RequirementLTR Visa ($80k/year income)Easy temporary residency
Minimum Stay180 days for tax residency183 days
Cost of LivingLow ($1,200-2,500/mo)Very Low ($900-1,700/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‡ท๐Ÿ‡ธ Serbia

Highlights

  • โœ…Low flat taxes
  • โœ…Easy residency
  • โœ…Very low cost of living
  • โœ…Friendly people
  • โœ…Growing startup scene

Considerations

  • โš ๏ธNot EU (yet)
  • โš ๏ธVisa-free limited
  • โš ๏ธSome bureaucracy

Best For

  • ๐Ÿ‘คBalkan base
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คEU aspirants

Which Should You Choose?

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

Choose Serbia if: You prioritize low flat taxes and easy residency. Ideal for balkan base, budget-conscious, eu aspirants.

Not Sure Which is Right for You?

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