🇵🇾 Paraguay vs 🇷🇸 Serbia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇾 Paraguay | 🇷🇸 Serbia |
|---|---|---|
| Tax System | Territorial | Flat Tax |
| Income Tax (Foreign) | 0% (foreign income) | 10-15% |
| Capital Gains Tax | 0% (foreign assets) | 15% |
| Corporate Tax | 10% | 15% |
| Residency Requirement | $5,000 bank deposit | Easy temporary residency |
| Minimum Stay | None required | 183 days |
| Cost of Living | Very Low ($800-1,500/mo) | Very Low ($900-1,700/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
🇷🇸 Serbia
Highlights
- ✅Low flat taxes
- ✅Easy residency
- ✅Very low cost of living
- ✅Friendly people
- ✅Growing startup scene
Considerations
- ⚠️Not EU (yet)
- ⚠️Visa-free limited
- ⚠️Some bureaucracy
Best For
- 👤Balkan base
- 👤Budget-conscious
- 👤EU aspirants
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 Serbia if: You prioritize low flat taxes and easy residency. Ideal for balkan base, budget-conscious, eu aspirants.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.