๐ต๐พ Paraguay vs ๐ฉ๐ฒ Dominica
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ต๐พ Paraguay | ๐ฉ๐ฒ Dominica |
|---|---|---|
| Tax System | Territorial | Zero Tax (non-residents) |
| Income Tax (Foreign) | 0% (foreign income) | 0% (foreign income) |
| Capital Gains Tax | 0% (foreign assets) | 0% |
| Corporate Tax | 10% | 25% |
| Residency Requirement | $5,000 bank deposit | CBI ($100k donation) |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($800-1,500/mo) | Low ($1,500-2,500/mo) |
๐ต๐พ Paraguay
Highlights
- โ Zero tax on foreign income
- โ Easy permanent residency
- โ No minimum stay requirement
- โ Low cost of living
- โ Path to citizenship in 3 years
Considerations
- โ ๏ธLimited international banking
- โ ๏ธSpanish language barrier
- โ ๏ธDeveloping infrastructure
Best For
- ๐คDigital nomads
- ๐คRemote workers
- ๐คCrypto investors
- ๐คRetirees
๐ฉ๐ฒ Dominica
Highlights
- โ Cheapest CBI program
- โ Zero tax on foreign income
- โ Nature island
- โ Low cost of living
- โ Second passport
Considerations
- โ ๏ธLimited infrastructure
- โ ๏ธSmall economy
- โ ๏ธHurricane risk
Best For
- ๐คBudget CBI
- ๐คNature lovers
- ๐คSecond 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.