๐บ๐พ Uruguay vs ๐ธ๐ฌ Singapore
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐บ๐พ Uruguay | ๐ธ๐ฌ Singapore |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Territorial |
| Income Tax (Foreign) | 0% foreign (10 years) | 0-24% |
| Capital Gains Tax | 0% foreign (10 years) | 0% |
| Corporate Tax | 25% | 17% |
| Residency Requirement | $520k property OR income proof | EntrePass or Employment |
| Minimum Stay | 183 days to activate | 183 days for tax residency |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very High ($4,000-7,000/mo) |
๐บ๐พ Uruguay
Highlights
- โ 10-year tax holiday on foreign income
- โ Stable banking system
- โ High quality of life
- โ Safe country
- โ Good infrastructure
Considerations
- โ ๏ธHigher residency requirements
- โ ๏ธCold winters
- โ ๏ธSmall market
Best For
- ๐คWealthy individuals
- ๐คArgentines
- ๐คQuality of life seekers
๐ธ๐ฌ Singapore
Highlights
- โ Zero capital gains tax
- โ Territorial system
- โ World-class infrastructure
- โ English speaking
- โ Global finance hub
Considerations
- โ ๏ธVery expensive
- โ ๏ธHard to get residency
- โ ๏ธHot and humid
Best For
- ๐คHigh earners
- ๐คEntrepreneurs
- ๐คFinance professionals
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 Singapore if: You prioritize zero capital gains tax and territorial system. Ideal for high earners, entrepreneurs, finance professionals.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.