🇵🇾 Paraguay vs 🇬🇩 Grenada
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇾 Paraguay | 🇬🇩 Grenada |
|---|---|---|
| Tax System | Territorial | Low Tax |
| Income Tax (Foreign) | 0% (foreign income) | 0-30% |
| Capital Gains Tax | 0% (foreign assets) | 0% |
| Corporate Tax | 10% | 28% |
| Residency Requirement | $5,000 bank deposit | CBI ($150k donation) |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($800-1,500/mo) | Moderate ($2,000-3,500/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
🇬🇩 Grenada
Highlights
- ✅CBI with E-2 treaty
- ✅Zero capital gains
- ✅US E-2 visa access
- ✅Beautiful island
- ✅Spice island culture
Considerations
- ⚠️Small island
- ⚠️Hurricane risk
- ⚠️Limited flights
Best For
- 👤E-2 visa seekers
- 👤US access
- 👤CBI candidates
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 Grenada if: You prioritize cbi with e-2 treaty and zero capital gains. Ideal for e-2 visa seekers, us access, cbi candidates.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.