Paraguay
🇵🇾

Paraguay

10% flat tax & one of the easiest residencies in the world

Tax Score: 8/10

Income Tax

10% flat

Corporate Tax

10%

Capital Gains

10%

Tax Benefits

10% flat tax + foreign income exemption

Paraguay's unified 10% flat tax applies to personal and corporate income, making it one of the simplest and lowest tax systems in the Americas.

Territorial Tax System

Only Paraguay-sourced income is taxed. Foreign income, dividends, and capital gains from abroad , is generally exempt 100% exempt.

Fastest Residency Program

Paraguay offers one of the fastest residency processes globally, often achievable within 45–60 days with relatively simple requirements.

Residency & Visa Programs

Simple Residency

A straightforward permanent residency program with relatively simple requirements and flexible stay conditions, depending on legal structuring.

Requirements

Clean criminal record, birth certificate, proof of income

Processing

30–60 days

Min. Investment

Low-cost entry (~USD 2,000–5,000 in fees)

Real Estate Market

Paraguay offers highly affordable real estate with full foreign ownership rights. Asunción is an emerging market with growing demand, while agricultural land presents strong long-term investment potential.

Cost of Living

Rent 1BR (Asunción)

USD 250–500/mo

Groceries (monthly)

USD 150–250

Dining out

USD 3–10/meal

One of South America's most affordable countries. High purchasing power for those earning in USD or EUR.

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Data last reviewed: January 2024