๐Ÿ‡ต๐Ÿ‡พ Paraguay vs ๐Ÿ‡จ๐Ÿ‡ญ Switzerland

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ต๐Ÿ‡พ Paraguay๐Ÿ‡จ๐Ÿ‡ญ Switzerland
Tax SystemTerritorialLump-Sum Taxation
Income Tax (Foreign)0% (foreign income)0% (lump-sum option)
Capital Gains Tax0% (foreign assets)0% (private)
Corporate Tax10%11-24%
Residency Requirement$5,000 bank depositLump-sum agreement
Minimum StayNone requiredPermanent residence
Cost of LivingVery Low ($800-1,500/mo)Very High ($5,000-8,000/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‡จ๐Ÿ‡ญ Switzerland

Highlights

  • โœ…Lump-sum taxation option
  • โœ…Political stability
  • โœ…Banking privacy
  • โœ…High quality of life
  • โœ…Central Europe access

Considerations

  • โš ๏ธVery expensive
  • โš ๏ธLump-sum has min thresholds
  • โš ๏ธStrict immigration

Best For

  • ๐Ÿ‘คUltra-wealthy
  • ๐Ÿ‘คPrivacy seekers
  • ๐Ÿ‘คStability focus

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 Switzerland if: You prioritize lump-sum taxation option and political stability. Ideal for ultra-wealthy, privacy seekers, stability focus.

Not Sure Which is Right for You?

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