๐Ÿ‡บ๐Ÿ‡พ Uruguay vs ๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡บ๐Ÿ‡พ Uruguay๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
Tax SystemTerritorial (with tax holiday)Non-Dom Regime
Income Tax (Foreign)0% foreign (10 years)20-45%
Capital Gains Tax0% foreign (10 years)0% (non-dom, unremitted)
Corporate Tax25%25%
Residency Requirement$520k property OR income proofVarious visas available
Minimum Stay183 days to activateTax residency tests
Cost of LivingModerate ($2,000-3,500/mo)High ($3,500-6,000/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‡ฌ๐Ÿ‡ง United Kingdom

Highlights

  • โœ…Non-dom status available
  • โœ…Global financial hub
  • โœ…English speaking
  • โœ…Common law
  • โœ…Strong legal system

Considerations

  • โš ๏ธNon-dom being reformed
  • โš ๏ธHigh cost of living
  • โš ๏ธWeather

Best For

  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คNon-dom planning
  • ๐Ÿ‘คGlobal business

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 United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.

Not Sure Which is Right for You?

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