๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom vs ๐Ÿ‡ง๐Ÿ‡ธ Bahamas

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom๐Ÿ‡ง๐Ÿ‡ธ Bahamas
Tax SystemNon-Dom RegimeZero Tax
Income Tax (Foreign)20-45%0%
Capital Gains Tax0% (non-dom, unremitted)0%
Corporate Tax25%0%
Residency RequirementVarious visas available$750k property or $1.5M+ investment
Minimum StayTax residency testsNone
Cost of LivingHigh ($3,500-6,000/mo)High ($3,500-6,000/mo)

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

Highlights

  • โœ…Non-dom status available
  • โœ…Global financial hub
  • โœ…English speaking
  • โœ…Common law
  • โœ…Strong legal system

Considerations

  • โš ๏ธNon-dom being reformed
  • โš ๏ธHigh cost of living
  • โš ๏ธWeather

Best For

  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คNon-dom planning
  • ๐Ÿ‘คGlobal business

๐Ÿ‡ง๐Ÿ‡ธ Bahamas

Highlights

  • โœ…Zero taxes
  • โœ…Close to USA
  • โœ…English speaking
  • โœ…Beautiful islands
  • โœ…Stable democracy

Considerations

  • โš ๏ธHigh residency bar
  • โš ๏ธExpensive
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คUS-adjacent tax haven
  • ๐Ÿ‘คWealthy individuals
  • ๐Ÿ‘คYacht owners

Which Should You Choose?

Choose United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.

Choose Bahamas if: You prioritize zero taxes and close to usa. Ideal for us-adjacent tax haven, wealthy individuals, yacht owners.

Not Sure Which is Right for You?

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