๐Ÿ‡บ๐Ÿ‡พ Uruguay vs ๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡บ๐Ÿ‡พ Uruguay๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica
Tax SystemTerritorial (with tax holiday)Zero Tax (non-residents)
Income Tax (Foreign)0% foreign (10 years)0% (foreign income)
Capital Gains Tax0% foreign (10 years)0%
Corporate Tax25%25%
Residency Requirement$520k property OR income proofCBI ($100k donation)
Minimum Stay183 days to activateNone
Cost of LivingModerate ($2,000-3,500/mo)Low ($1,500-2,500/mo)

๐Ÿ‡บ๐Ÿ‡พ Uruguay

Highlights

  • โœ…10-year tax holiday on foreign income
  • โœ…Stable banking system
  • โœ…High quality of life
  • โœ…Safe country
  • โœ…Good infrastructure

Considerations

  • โš ๏ธHigher residency requirements
  • โš ๏ธCold winters
  • โš ๏ธSmall market

Best For

  • ๐Ÿ‘คWealthy individuals
  • ๐Ÿ‘คArgentines
  • ๐Ÿ‘คQuality of life seekers

๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica

Highlights

  • โœ…Cheapest CBI program
  • โœ…Zero tax on foreign income
  • โœ…Nature island
  • โœ…Low cost of living
  • โœ…Second passport

Considerations

  • โš ๏ธLimited infrastructure
  • โš ๏ธSmall economy
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คBudget CBI
  • ๐Ÿ‘คNature lovers
  • ๐Ÿ‘คSecond passport

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 Dominica if: You prioritize cheapest cbi program and zero tax on foreign income. Ideal for budget cbi, nature lovers, second passport.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.