๐Ÿ‡ต๐Ÿ‡พ Paraguay vs ๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ต๐Ÿ‡พ Paraguay๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica
Tax SystemTerritorialZero Tax (non-residents)
Income Tax (Foreign)0% (foreign income)0% (foreign income)
Capital Gains Tax0% (foreign assets)0%
Corporate Tax10%25%
Residency Requirement$5,000 bank depositCBI ($100k donation)
Minimum StayNone requiredNone
Cost of LivingVery Low ($800-1,500/mo)Low ($1,500-2,500/mo)

๐Ÿ‡ต๐Ÿ‡พ Paraguay

Highlights

  • โœ…Zero tax on foreign income
  • โœ…Easy permanent residency
  • โœ…No minimum stay requirement
  • โœ…Low cost of living
  • โœ…Path to citizenship in 3 years

Considerations

  • โš ๏ธLimited international banking
  • โš ๏ธSpanish language barrier
  • โš ๏ธDeveloping infrastructure

Best For

  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRemote workers
  • ๐Ÿ‘คCrypto investors
  • ๐Ÿ‘คRetirees

๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica

Highlights

  • โœ…Cheapest CBI program
  • โœ…Zero tax on foreign income
  • โœ…Nature island
  • โœ…Low cost of living
  • โœ…Second passport

Considerations

  • โš ๏ธLimited infrastructure
  • โš ๏ธSmall economy
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คBudget CBI
  • ๐Ÿ‘คNature lovers
  • ๐Ÿ‘คSecond passport

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 Dominica if: You prioritize cheapest cbi program and zero tax on foreign income. Ideal for budget cbi, nature lovers, second passport.

Not Sure Which is Right for You?

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