🇺🇾 Uruguay vs 🇨🇾 Cyprus
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇨🇾 Cyprus |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Non-Dom Regime |
| Income Tax (Foreign) | 0% foreign (10 years) | 0% on dividends |
| Capital Gains Tax | 0% foreign (10 years) | 0% (most cases) |
| Corporate Tax | 25% | 12.5% |
| Residency Requirement | $520k property OR income proof | Category F permit (€50k deposit) |
| Minimum Stay | 183 days to activate | 60 days (special regime) |
| 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
🇨🇾 Cyprus
Highlights
- ✅EU membership
- ✅English widely spoken
- ✅60-day rule for tax residency
- ✅Non-dom dividend exemption
- ✅Good weather
Considerations
- ⚠️Divided island
- ⚠️Hot summers
- ⚠️Limited winter activities
Best For
- 👤Non-dom status seekers
- 👤Holding companies
- 👤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 Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.