Cyprus VS South Korea

Cyprus

Digital Nomad Visa

Monthly Income $3,850

Tax Status Non-Dom Status (0% Dividend Tax)

Processing 5 - 7 Weeks

Schengen ❌ No

Workcation Visa (F-1-D)

Monthly Income $5,300

Tax Status Tax Exempt (Non-Resident)

Processing 3 - 4 Weeks

Schengen ❌ No

Our Verdict

If you are looking for affordability, Cyprus is the better choice, requiring $3,850/mo compared to South Korea's $5,300.