Best Countries For Entrepreneurs (2025 Complete List)

When considering the best countries for entrepreneurs, several nations stand out due to their supportive ecosystems, access to capital, and innovation-friendly policies. Notable among these are:

• Portugal: Renowned for its dynamic startup culture and extensive venture capital networks, Portugal offers unparalleled opportunities for entrepreneurs.
  
  
• Malta: With a robust economy and advanced infrastructure, Malta provides a conducive environment for startups, particularly in sectors like engineering and manufacturing.
  
  
• United Kingdom: The UK boasts a dynamic financial sector and a culture of innovation, supporting entrepreneurial ventures across various industries, including technology and creative sectors.
  
  
• Cyprus: Often referred to as the “Startup Nation,” Cyprus has a high concentration of startups and a strong emphasis on research and development, especially in technology and cybersecurity.
  
  
• United Arab Emirates: The UAE has emerged as a hub for entrepreneurs, offering favorable tax policies, strategic location, and a growing emphasis on innovation and technology.
  
  
• Spain: Cities like Barcelona have become leading startup hubs, offering supportive networks, accessible programs, and a wealth of talent, making Spain attractive to entrepreneurs.
  
  
• Greece: Athens is rising in the rankings as a burgeoning hub for innovation, supported by favorable policies, tax incentives, and residence visas for entrepreneurs.

These countries provide a combination of resources, infrastructure, and policies that create fertile ground for entrepreneurial ventures.

As the world becomes increasingly connected, more and more entrepreneurs are choosing to live and work abroad. The freedom to work from anywhere has opened up new possibilities for those looking to start their own businesses or work remotely.

However, choosing the right country to live as a digital entrepreneur can be a daunting task. There are several factors to consider, such as cost of living, access to essential resources, and visa programs.

In this article, we will explore the best countries to live as a digital entrepreneur, taking into account these factors and providing valuable information for those seeking to embark on this lifestyle.

Portugal

Portugal has emerged as a premier destination for digital entrepreneurs, offering a blend of favorable policies, a supportive ecosystem, and an affordable cost of living.

The country’s Non-Habitual Resident (NHR) tax regime provides new residents with a flat income tax rate of 20% on qualifying activities, including income from digital entrepreneurship. Additionally, Portugal does not impose wealth or inheritance taxes, enhancing its appeal to entrepreneurs seeking to optimize their earnings.

The Portugal Startup Visa program grants entrepreneurs a one-year residency permit to develop their business ideas, with the possibility of extension for up to five years. This initiative fosters a conducive environment for establishing and scaling businesses.

Portugal’s robust startup ecosystem features numerous co-working spaces, networking events, and access to venture capital funding. Cities like Lisbon and Porto are particularly attractive to digital entrepreneurs, offering vibrant communities and a high quality of life.

These factors collectively position Portugal as one of the best countries for entrepreneurs, especially those in the digital sector.

Cyprus

Cyprus has emerged as a prime destination for digital entrepreneurs, offering a combination of favorable tax policies, supportive business frameworks, and an enviable quality of life.

Cyprus boasts a flat corporate tax rate of 12.5%, positioning it among the lowest in Europe

This competitive rate appeals to startups and digital enterprises aiming to optimize their tax obligations. Additionally, the country provides various tax incentives and exemptions for foreign investors, including:

• Dividend Income: Exempt from taxation under specific conditions.
  
  
• Interest Income: Certain interest income is exempt from tax.
  
  
• Capital Gains: Gains from the disposal of securities are generally exempt from capital gains tax.

These provisions create a tax-efficient environment conducive to business growth.

• Cyprus Startup Visa: The Cyprus Startup Visa program enables non-EU entrepreneurs to establish and operate innovative businesses within the country. The visa is valid for one year and can be renewed for up to four years, providing ample time for entrepreneurs to develop and expand their ventures.This initiative underscores Cyprus’s commitment to fostering innovation and attracting global talent.
  
  
• Thriving Startup Ecosystem: Cities like Limassol have cultivated vibrant startup communities, offering co-working spaces, networking events, and access to venture capital. The supportive ecosystem facilitates collaboration and growth for digital entrepreneurs.
  
  
• Quality of Life: Beyond business advantages, Cyprus offers a high standard of living, picturesque beaches, and a rich cultural heritage. The favorable climate and strategic location at the crossroads of Europe, Asia, and Africa further enhance its appeal as a base for entrepreneurs.

In summary, Cyprus’s combination of a favorable tax regime, supportive startup policies, and excellent quality of life solidify its status as one of the best countries for entrepreneurs, particularly in the digital sector.

Thailand

Thailand has become a premier destination for digital entrepreneurs, offering a blend of favorable tax policies, supportive programs, and a vibrant lifestyle, making it one of the best countries to start a business.

Tax Advantages

Thailand’s tax regime is particularly appealing to digital entrepreneurs:

• Personal Income Tax: The country implements a progressive tax system, with rates ranging from 5% to 35% based on income levels. Notably, foreign-sourced income is taxable only if remitted to Thailand within the same tax year it is earned, providing strategic tax planning opportunities for those earning internationally.
  
  
• Corporate Tax Incentives: The Board of Investment (BOI) offers various incentives, including tax holidays of up to eight years for qualified activities, exemption from import duties on machinery, and additional deductions for infrastructure costs. These incentives are designed to foster innovation and attract foreign investment.

Visa Programs for Entrepreneurs

Thailand has introduced visa programs to attract and retain entrepreneurial talent:

• SMART Visa: This visa caters to entrepreneurs, investors, and skilled professionals in targeted industries such as technology and innovation. It allows holders to work and reside in Thailand for up to four years without the need for a separate work permit. The SMART Visa also extends benefits to the holder’s family, facilitating a smoother relocation process.
  
  
• Long-Term Resident (LTR) Visa: Launched in 2022, the LTR Visa aims to attract high-potential individuals, including professionals and investors. It offers a 10-year residency with various privileges, such as a flat personal income tax rate of 17% for certain professionals and exemption from the 90-day reporting requirement.

Thriving Startup Ecosystem

Thailand’s startup scene is rapidly evolving, supported by a robust ecosystem:

• Co-Working Spaces: Major cities like Bangkok and Chiang Mai host numerous co-working spaces equipped with modern amenities, fostering collaboration and innovation among entrepreneurs.
  
  
• Networking Events: Regular events, such as Techsauce Global Summit and Startup Thailand, provide platforms for entrepreneurs to connect with investors, mentors, and peers.
  
  
• Government Support: Initiatives like the Digital Economy Promotion Agency (DEPA) offer grants, training, and resources to startups, enhancing their growth prospects.

Quality of Life

Beyond business advantages, Thailand offers an attractive lifestyle:

• Cost of Living: The cost of living is relatively low compared to Western countries, allowing entrepreneurs to maintain a comfortable lifestyle while managing operational costs effectively.
  
  
• Cultural Appeal: Thailand’s rich cultural heritage, warm climate, and renowned hospitality contribute to a high quality of life, making it an appealing base for digital entrepreneurs.

In summary, Thailand’s combination of favorable tax policies, supportive visa programs, a dynamic startup ecosystem, and an appealing lifestyle solidify its status as one of the best countries for entrepreneurs, particularly in the digital sector.

Indonesia (Bali)

Bali, Indonesia, has emerged as a premier destination for digital entrepreneurs, offering a harmonious blend of natural beauty, affordability, and a supportive entrepreneurship policy framework and implementation.

Taxation and Financial Incentives

Indonesia implements a progressive income tax system with rates ranging from 5% to 35%, depending on income levels

Notably, the Indonesian government has introduced the Remote Worker Visa (E33G), specifically designed for digital nomads and remote workers employed by companies outside Indonesia. This visa allows individuals to reside in Indonesia for up to one year, with the possibility of renewal, without being subject to local income tax on foreign-sourced income.

Visa Options for Digital Entrepreneurs

In addition to the E33G visa, Indonesia offers the B211A Visit Visa, which permits stays of up to 60 days, extendable twice for 60 days each, totaling 180 days. This visa is suitable for digital entrepreneurs seeking medium-term stays to work on their ventures while exploring the island.

Thriving Entrepreneurial Ecosystem

Bali’s entrepreneurial landscape is particularly vibrant in areas like Ubud and Canggu:

• Co-Working Spaces: Facilities such as Hubud and Dojo Bali provide modern amenities and foster collaborative environments for entrepreneurs.
  
  
• Networking Events: Regular meetups, workshops, and conferences facilitate connections among like-minded professionals, promoting knowledge sharing and collaboration.
  
  
• Supportive Community: A diverse and dynamic community of digital entrepreneurs contributes to a culture of innovation and mutual support.

Quality of Life

Beyond business advantages, Bali offers an exceptional quality of life:

• Affordable Living: The cost of living is relatively low, allowing entrepreneurs to maintain a comfortable lifestyle while managing operational expenses effectively.
  
  
• Cultural Richness: Bali’s rich cultural heritage, stunning landscapes, and warm climate provide an inspiring backdrop for both work and leisure.

In summary, Bali’s combination of favorable tax policies, flexible visa options, a thriving entrepreneurial ecosystem, and an enviable quality of life solidify its status as one of the best countries for entrepreneurs, particularly in the digital sector.

Greece

Greece has emerged as a compelling destination for entrepreneurs, blending its rich cultural heritage with a burgeoning startup ecosystem and favorable policy framework and implementation guidance.

Taxation and Financial Incentives

Greece offers a progressive income tax system for individuals, with rates ranging from 9% to 44%, depending on income levels.

Notably, the country has introduced a “non-dom” regime, allowing qualified individuals who transfer their tax residence to Greece to benefit from a flat tax rate of €100,000 per year on their foreign-sourced income, irrespective of the amount.

This regime is designed to attract high-net-worth individuals and investors.

Startup Visa and Entrepreneurial Support

Greece has implemented initiatives to foster entrepreneurship:

• Startup Visa: The Greek government has introduced a Startup Visa program, enabling non-EU entrepreneurs to establish and operate businesses in Greece. This visa provides a one-year residency permit, renewable for up to five years, facilitating the establishment and scaling of startups.
  
  
• Elevate Greece Platform: Launched to support and promote Greek startups, Elevate Greece serves as the official platform and leading resource for information on the Greek startup ecosystem. It offers networking opportunities, funding resources, and access to a community of innovators.

Thriving Startup Ecosystem

Athens, the capital city, has become a vibrant hub for startups and digital entrepreneurs:

• Co-Working Spaces: Numerous co-working spaces, such as The Cube and Impact Hub Athens, provide collaborative environments equipped with modern amenities.
  
  
• Incubators and Accelerators: Programs like EGG (Enter-Grow-Go) and Orange Grove offer mentorship, training, and funding opportunities to startups.
  
  
• Access to Venture Capital: The establishment of funds like EquiFund has enhanced access to venture capital, supporting the growth of innovative enterprises.

Quality of Life

Beyond business advantages, Greece offers an attractive lifestyle:

• Affordable Living: The cost of living in Greece is relatively low compared to other European countries, allowing entrepreneurs to maintain a comfortable lifestyle while managing operational costs effectively.
  
  
• Cultural and Natural Appeal: Greece’s rich history, stunning landscapes, and pleasant climate provide an inspiring backdrop for both work and leisure.

In summary, Greece’s combination of favorable tax policies, supportive startup initiatives, a dynamic entrepreneurial ecosystem, and an appealing quality of life solidify its status as one of the best countries for entrepreneurs.

Malta

Malta, strategically situated in the Mediterranean, has emerged as a premier destination for entrepreneurs, particularly in the digital sector. The nation’s favorable tax policies, robust startup ecosystem, and high quality of life make it an attractive hub for business innovation.

Taxation and Financial Incentives

Malta’s corporate tax system is designed to be competitive and entrepreneur-friendly:

• Corporate Tax Rate: While the standard corporate tax rate stands at 35%, various tax incentives and refund mechanisms can effectively reduce the tax burden to as low as 5% for qualifying entities.
  
  
• Global Residence Program: This program offers a flat tax rate of 15% on foreign income remitted to Malta, providing an advantageous fiscal environment for international entrepreneurs.
  
  
• Malta Individual Investor Program: Through significant investment, this initiative grants citizenship, allowing entrepreneurs and their families to benefit from EU citizenship and the associated business opportunities.

Startup Ecosystem and Support

Malta’s commitment to fostering innovation is evident in its dynamic startup ecosystem:

• Co-Working Spaces: The island hosts numerous modern co-working facilities that cater to the needs of startups and digital entrepreneurs.
  
  
• Networking Events: Regular events and conferences provide platforms for entrepreneurs to connect, share knowledge, and collaborate.
  
  
• Access to Funding: The presence of venture capital firms and government-backed funding initiatives supports the growth and scalability of startups.

Quality of Life

Beyond its business advantages, Malta offers an exceptional living environment:

• Cultural Heritage: The capital city, Valletta, a UNESCO World Heritage site, blends historical charm with modern amenities, creating an inspiring setting for entrepreneurs.
  
  
• Lifestyle: With a pleasant Mediterranean climate, picturesque landscapes, and a vibrant cultural scene, Malta provides a balanced and enriching lifestyle.

In summary, Malta’s combination of favorable tax policies, a supportive startup ecosystem, and high quality of life solidify its status as one of the best countries for entrepreneurs, especially those in the digital sector.

Estonia

Estonia has established itself as one of the world’s most entrepreneurial countries, particularly in the digital sector, due to its innovative policies, advanced digital infrastructure, and supportive business environment.

e-Residency Program

Launched in 2014, Estonia’s e-Residency program offers a government-issued digital identity, enabling global entrepreneurs to establish and manage an EU-based company entirely online.

As of 2024, over 117,000 individuals from more than 170 countries have applied for e-Residency, leading to the creation of over 32,000 companies.

This program provides access to Estonia’s advanced e-services, including company formation, banking, and taxation, without the need for physical presence.

Favorable Tax System

Estonia’s tax regime is designed to support business growth:

• Corporate Income Tax: The country implements a 0% corporate income tax on reinvested profits, encouraging companies to reinvest earnings into their operations.
  
  
• Distributed Profits Tax: A 20% tax is applied only when profits are distributed, providing flexibility in financial planning.

Advanced Digital Infrastructure

Estonia is renowned for its digital advancements:

• High-Speed Internet: The nation boasts extensive high-speed internet coverage, facilitating seamless digital operations.
  
  
• Digital Services: A wide array of public and private services are accessible online, streamlining business processes and reducing bureaucratic hurdles.

Thriving Startup Ecosystem

Tallinn, the capital city, serves as a vibrant hub for startups and digital entrepreneurs:

• Startup Density: Estonia has one of the highest numbers of startups per capita globally, with over 1,500 startups operating as of 2024.
  
  
• Co-Working Spaces: Numerous co-working spaces, such as Lift99 and Workland, provide collaborative environments tailored to the needs of digital entrepreneurs.
  
  
• Support Networks: Organizations like Startup Estonia offer resources, mentorship, and networking opportunities to foster innovation and growth.

Quality of Life

Beyond its business advantages, Estonia offers a high quality of life:

• Safety and Cleanliness: The country is known for its low crime rates and clean environment.
  
  
• Work-Life Balance: A strong emphasis on work-life balance contributes to overall well-being and productivity.

In summary, Estonia’s combination of the pioneering e-Residency program, favorable tax policies, advanced digital infrastructure, and a dynamic startup ecosystem solidify its status as one of the best countries for entrepreneurs, especially those in the digital sector.

United Arab Emirates

The United Arab Emirates (UAE) has transformed into a digital oasis, attracting entrepreneurs from around the world. There is no personal income tax or capital gains tax in the UAE, allowing digital entrepreneurs to retain more of their earnings. The country also offers various free zones, such as Dubai Internet City and Abu Dhabi Global Market, which provide tax exemptions and 100% foreign ownership for businesses.

The country offers various business-friendly policies, including the Dubai Virtual Commercial City license, which allows entrepreneurs to establish and operate their businesses remotely.

In addition, the UAE offers a favorable tax regime and a strong entrepreneurial ecosystem. Dubai, in particular, is a thriving hub for digital entrepreneurs, offering co-working spaces, networking events, and access to venture capital funding.

With its modern infrastructure, cosmopolitan lifestyle, and strategic location, the UAE is an attractive destination for digital entrepreneurs looking to tap into the Middle Eastern market.

Andorra

Andorra, a small principality nestled in the Pyrenees mountains between France and Spain, is a hidden gem for digital entrepreneurs. The country offers a favorable tax system and a high standard of living.

Andorra’s natural beauty, with its picturesque landscapes and ski resorts, provides a peaceful and inspiring environment for entrepreneurs. Despite its small size, Andorra has a growing community of digital nomads and co-working spaces, making it an ideal destination for those seeking a tranquil yet entrepreneurial lifestyle.

Georgia

Georgia, located at the crossroads of Europe and Asia, is a rising star in the digital entrepreneur scene. The country offers a liberal business environment, low taxes, and excellent infrastructure. Tbilisi, the capital city, has a growing startup ecosystem and a range of co-working spaces that cater to digital nomads. Georgia’s rich history, breathtaking landscapes, and warm hospitality make it an appealing destination for entrepreneurs looking for new opportunities in an emerging market.

Romania

Romania is an increasingly popular destination for digital entrepreneurs due to its affordable cost of living and emerging startup ecosystem. The country offers a favorable tax regime for businesses and a highly skilled workforce. Bucharest, the capital city, has a growing tech scene and a range of co-working spaces that cater to digital nomads. Romania’s stunning landscapes, vibrant cities, and cultural heritage make it an attractive destination for entrepreneurs seeking an affordable yet inspiring lifestyle.

What to Consider Before Making the Move

Ease of Residency for Entrepreneurs

One of the first things to consider when choosing a country as a digital entrepreneur is the ease of residency. Some countries have specific visas or programs designed to attract entrepreneurs and make it easy for them to establish themselves. These programs often come with benefits such as streamlined visa processes, tax incentives, and access to business networks.

For example, countries like Estonia, Singapore, and Chile have entrepreneur visa programs that have gained popularity among digital entrepreneurs. Researching the residency options and requirements of a country is crucial to ensure a smooth transition and legal compliance.

Local culture and quality of life

The local culture and quality of life are important considerations for digital entrepreneurs. Living in a country with a vibrant and welcoming culture can greatly enhance your overall experience. Additionally, the quality of life, including factors such as healthcare, safety, and infrastructure, should be taken into account.

For example, countries like Thailand, Cyprus, and Greece are known for their high quality of life, excellent healthcare systems, and safety standards. It’s important to research and consider these aspects to ensure a comfortable and enjoyable living environment.

Cost of living

The cost of living is a crucial factor for digital entrepreneurs, as it directly affects their financial stability and the profitability of their ventures. Choosing a country with a lower cost of living can allow entrepreneurs to stretch their budgets further and have a higher quality of life.

Countries like Thailand, Vietnam, and Indonesia are often cited as some of the cheapest countries for digital nomads, offering affordable housing, food, and transportation options. However, it’s important to strike a balance between affordability and access to necessary resources and amenities.

Stable internet connection

Having a stable and reliable internet connection is essential for digital entrepreneurs, as it directly impacts their ability to work and communicate effectively. Before choosing a country, it’s important to research the internet infrastructure and connectivity options available.

Countries like South Korea, Singapore, and Switzerland are known for their fast and reliable internet connections, making them ideal choices for digital entrepreneurs who rely heavily on online connectivity. Access to high-speed internet is crucial for smooth business operations, communication with clients and colleagues, and staying up to date with industry trends.

Access to coworking spaces

Coworking spaces have become increasingly popular among digital entrepreneurs, providing them with a professional and collaborative environment to work in. When choosing a country, it’s important to consider the availability and accessibility of coworking spaces.

Countries like the United States, Portugal, and Thailand have a thriving coworking culture, with numerous spaces offering flexible membership options and amenities tailored to the needs of digital entrepreneurs. Coworking spaces not only provide a dedicated workspace but also foster networking opportunities and a sense of community among like-minded individuals.

Access to funding and investment opportunities

Access to funding and investment opportunities is crucial for the growth and success of digital entrepreneurs. Some countries have a strong startup ecosystem with a supportive infrastructure and access to venture capital, angel investors, and government grants.

Countries like the United States, United Kingdom, and Singapore are known for their vibrant startup scenes and ample funding opportunities. Researching the availability of funding options, government support, and entrepreneurial networks is essential for digital entrepreneurs looking to scale their ventures and attract investment.

Digital Nomad Visa Programs and Policies in Select Countries

In recent years, several countries have recognized the value of attracting digital nomads and have introduced special visa programs to facilitate this lifestyle. These visa programs allow digital entrepreneurs to live and work in a country legally, providing them with the necessary support and infrastructure.

Estonia, for example, offers a digital nomad visa that allows remote workers to live in the country for up to a year. The visa provides access to essential services like healthcare and banking, making it an attractive option for digital entrepreneurs looking for a stable base.

Other countries such as Portugal, Germany, and the Czech Republic also offer visa programs for digital nomads. These programs often come with certain requirements, such as proof of income and health insurance, but provide digital entrepreneurs with the opportunity to legally live and work in these countries.

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