๐Ÿ‡น๐Ÿ‡จ Turks and Caicos vs ๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡จ Turks and Caicos๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica
Tax SystemZero TaxZero Tax (non-residents)
Income Tax (Foreign)0%0% (foreign income)
Capital Gains Tax0%0%
Corporate Tax0%25%
Residency RequirementPRC ($300k property)CBI ($100k donation)
Minimum StayNoneNone
Cost of LivingHigh ($4,000-7,000/mo)Low ($1,500-2,500/mo)

๐Ÿ‡น๐Ÿ‡จ Turks and Caicos

Highlights

  • โœ…Zero taxes
  • โœ…Beautiful beaches
  • โœ…British territory
  • โœ…Close to USA
  • โœ…Low crime

Considerations

  • โš ๏ธExpensive
  • โš ๏ธSmall population
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คUS-adjacent tax planning
  • 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 Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, 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?

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