🇵🇾 Paraguay vs 🇬🇧 United Kingdom
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇾 Paraguay | 🇬🇧 United Kingdom |
|---|---|---|
| Tax System | Territorial | Non-Dom Regime |
| Income Tax (Foreign) | 0% (foreign income) | 20-45% |
| Capital Gains Tax | 0% (foreign assets) | 0% (non-dom, unremitted) |
| Corporate Tax | 10% | 25% |
| Residency Requirement | $5,000 bank deposit | Various visas available |
| Minimum Stay | None required | Tax residency tests |
| Cost of Living | Very Low ($800-1,500/mo) | High ($3,500-6,000/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
🇬🇧 United Kingdom
Highlights
- ✅Non-dom status available
- ✅Global financial hub
- ✅English speaking
- ✅Common law
- ✅Strong legal system
Considerations
- ⚠️Non-dom being reformed
- ⚠️High cost of living
- ⚠️Weather
Best For
- 👤Finance professionals
- 👤Non-dom planning
- 👤Global business
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 United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.