🇺🇾 Uruguay vs 🇦🇩 Andorra
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇦🇩 Andorra |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Low Tax |
| Income Tax (Foreign) | 0% foreign (10 years) | 0-10% |
| Capital Gains Tax | 0% foreign (10 years) | 0-10% |
| Corporate Tax | 25% | 10% |
| Residency Requirement | $520k property OR income proof | €50k deposit + €400k investment |
| Minimum Stay | 183 days to activate | 90 days |
| Cost of Living | Moderate ($2,000-3,500/mo) | Moderate ($2,000-3,500/mo) |
🇺🇾 Uruguay
Highlights
- ✅10-year tax holiday on foreign income
- ✅Stable banking system
- ✅High quality of life
- ✅Safe country
- ✅Good infrastructure
Considerations
- ⚠️Higher residency requirements
- ⚠️Cold winters
- ⚠️Small market
Best For
- 👤Wealthy individuals
- 👤Argentines
- 👤Quality of life seekers
🇦🇩 Andorra
Highlights
- ✅Very low taxes
- ✅Safe country
- ✅Mountain lifestyle
- ✅Near Spain/France
- ✅Growing crypto scene
Considerations
- ⚠️Not EU member
- ⚠️Small country
- ⚠️Limited services
Best For
- 👤Skiers
- 👤Low-tax EU access
- 👤Crypto
Which Should You Choose?
Choose Uruguay if: You prioritize 10-year tax holiday on foreign income and stable banking system. Ideal for wealthy individuals, argentines, quality of life seekers.
Choose Andorra if: You prioritize very low taxes and safe country. Ideal for skiers, low-tax eu access, crypto.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.