๐ฌ๐ง United Kingdom vs ๐น๐จ Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฌ๐ง United Kingdom | ๐น๐จ Turks and Caicos |
|---|---|---|
| Tax System | Non-Dom Regime | Zero Tax |
| Income Tax (Foreign) | 20-45% | 0% |
| Capital Gains Tax | 0% (non-dom, unremitted) | 0% |
| Corporate Tax | 25% | 0% |
| Residency Requirement | Various visas available | PRC ($300k property) |
| Minimum Stay | Tax residency tests | None |
| Cost of Living | High ($3,500-6,000/mo) | High ($4,000-7,000/mo) |
๐ฌ๐ง United Kingdom
Highlights
- โ Non-dom status available
- โ Global financial hub
- โ English speaking
- โ Common law
- โ Strong legal system
Considerations
- โ ๏ธNon-dom being reformed
- โ ๏ธHigh cost of living
- โ ๏ธWeather
Best For
- ๐คFinance professionals
- ๐คNon-dom planning
- ๐คGlobal business
๐น๐จ Turks and Caicos
Highlights
- โ Zero taxes
- โ Beautiful beaches
- โ British territory
- โ Close to USA
- โ Low crime
Considerations
- โ ๏ธExpensive
- โ ๏ธSmall population
- โ ๏ธHurricane risk
Best For
- ๐คBeach lovers
- ๐คUS-adjacent tax planning
- ๐คRetirees
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?
Take our free eligibility assessment to see which tax residency program fits your situation.