๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom vs ๐Ÿ‡น๐Ÿ‡จ Turks and Caicos

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom๐Ÿ‡น๐Ÿ‡จ Turks and Caicos
Tax SystemNon-Dom RegimeZero Tax
Income Tax (Foreign)20-45%0%
Capital Gains Tax0% (non-dom, unremitted)0%
Corporate Tax25%0%
Residency RequirementVarious visas availablePRC ($300k property)
Minimum StayTax residency testsNone
Cost of LivingHigh ($3,500-6,000/mo)High ($4,000-7,000/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‡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

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 Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.

Not Sure Which is Right for You?

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