🇺🇾 Uruguay vs 🇧🇸 Bahamas
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇧🇸 Bahamas |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Zero Tax |
| Income Tax (Foreign) | 0% foreign (10 years) | 0% |
| Capital Gains Tax | 0% foreign (10 years) | 0% |
| Corporate Tax | 25% | 0% |
| Residency Requirement | $520k property OR income proof | $750k property or $1.5M+ investment |
| Minimum Stay | 183 days to activate | None |
| Cost of Living | Moderate ($2,000-3,500/mo) | High ($3,500-6,000/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
🇧🇸 Bahamas
Highlights
- ✅Zero taxes
- ✅Close to USA
- ✅English speaking
- ✅Beautiful islands
- ✅Stable democracy
Considerations
- ⚠️High residency bar
- ⚠️Expensive
- ⚠️Hurricane risk
Best For
- 👤US-adjacent tax haven
- 👤Wealthy individuals
- 👤Yacht owners
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 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.