🇺🇾 Uruguay vs 🇯🇪 Channel Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇯🇪 Channel Islands |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Low Tax |
| Income Tax (Foreign) | 0% foreign (10 years) | 20% flat |
| Capital Gains Tax | 0% foreign (10 years) | 0% |
| Corporate Tax | 25% | 0-10% |
| Residency Requirement | $520k property OR income proof | High-value resident status |
| Minimum Stay | 183 days to activate | Varies by island |
| Cost of Living | Moderate ($2,000-3,500/mo) | High ($3,000-5,000/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
🇯🇪 Channel Islands
Highlights
- ✅Low flat tax rate
- ✅Zero capital gains
- ✅British legal system
- ✅Near UK/France
- ✅Financial services hub
Considerations
- ⚠️Expensive property
- ⚠️Small islands
- ⚠️Weather
Best For
- 👤Finance professionals
- 👤UK alternatives
- 👤Offshore planning
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 Channel Islands if: You prioritize low flat tax rate and zero capital gains. Ideal for finance professionals, uk alternatives, offshore planning.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.