🇺🇾 Uruguay vs 🇳🇮 Nicaragua
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇳🇮 Nicaragua |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Territorial |
| Income Tax (Foreign) | 0% foreign (10 years) | 0% (foreign income) |
| Capital Gains Tax | 0% foreign (10 years) | 0% (foreign) |
| Corporate Tax | 25% | 30% |
| Residency Requirement | $520k property OR income proof | $750/mo income proof |
| Minimum Stay | 183 days to activate | None required |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very Low ($600-1,200/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
🇳🇮 Nicaragua
Highlights
- ✅Lowest cost in Americas
- ✅Beautiful beaches
- ✅Easy residency
- ✅Territorial taxation
- ✅Growing expat community
Considerations
- ⚠️Political concerns
- ⚠️Basic infrastructure
- ⚠️Limited banking
Best For
- 👤Budget nomads
- 👤Beach lovers
- 👤Adventurous types
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 Nicaragua if: You prioritize lowest cost in americas and beautiful beaches. Ideal for budget nomads, beach lovers, adventurous types.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.