🇵🇾 Paraguay vs 🇯🇪 Channel Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇾 Paraguay | 🇯🇪 Channel Islands |
|---|---|---|
| Tax System | Territorial | Low Tax |
| Income Tax (Foreign) | 0% (foreign income) | 20% flat |
| Capital Gains Tax | 0% (foreign assets) | 0% |
| Corporate Tax | 10% | 0-10% |
| Residency Requirement | $5,000 bank deposit | High-value resident status |
| Minimum Stay | None required | Varies by island |
| Cost of Living | Very Low ($800-1,500/mo) | High ($3,000-5,000/mo) |
🇵🇾 Paraguay
Highlights
- ✅Zero tax on foreign income
- ✅Easy permanent residency
- ✅No minimum stay requirement
- ✅Low cost of living
- ✅Path to citizenship in 3 years
Considerations
- ⚠️Limited international banking
- ⚠️Spanish language barrier
- ⚠️Developing infrastructure
Best For
- 👤Digital nomads
- 👤Remote workers
- 👤Crypto investors
- 👤Retirees
🇯🇪 Channel Islands
Highlights
- ✅Low flat tax rate
- ✅Zero capital gains
- ✅British legal system
- ✅Near UK/France
- ✅Financial services hub
Considerations
- ⚠️Expensive property
- ⚠️Small islands
- ⚠️Weather
Best For
- 👤Finance professionals
- 👤UK alternatives
- 👤Offshore planning
Which Should You Choose?
Choose Paraguay if: You prioritize zero tax on foreign income and easy permanent residency. Ideal for digital nomads, remote workers, crypto investors, retirees.
Choose Channel Islands if: You prioritize low flat tax rate and zero capital gains. Ideal for finance professionals, uk alternatives, offshore planning.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.