🇺🇾 Uruguay vs 🇹🇭 Thailand
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇹🇭 Thailand |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Territorial (changing) |
| Income Tax (Foreign) | 0% foreign (10 years) | 0-35% (local income) |
| Capital Gains Tax | 0% foreign (10 years) | 0% (foreign, if not remitted) |
| Corporate Tax | 25% | 20% |
| Residency Requirement | $520k property OR income proof | LTR Visa ($80k/year income) |
| Minimum Stay | 183 days to activate | 180 days for tax residency |
| Cost of Living | Moderate ($2,000-3,500/mo) | Low ($1,200-2,500/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
🇹🇭 Thailand
Highlights
- ✅Amazing lifestyle
- ✅Low cost of living
- ✅Great food and culture
- ✅Digital nomad friendly
- ✅Good healthcare
Considerations
- ⚠️Tax rules changing in 2024
- ⚠️Visa can be complex
- ⚠️Language barrier
Best For
- 👤Lifestyle seekers
- 👤Digital nomads
- 👤Retirees
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 Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.