Expatriation Greece - tax comparison
🇬🇷

Greece

VS
Expatriation Paraguay - tax comparison
🇵🇾

Paraguay

Greece vs Paraguay

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
44%
🇬🇷 Greece
vs
10%
🇵🇾 Paraguay
Monthly cost (single)
900 €
🇬🇷 Greece
vs
600 €
🇵🇾 Paraguay
Safety
5/10
🇬🇷 Greece
vs
5/10
🇵🇾 Paraguay

Taxation

🇬🇷Greece
🇵🇾Paraguay
Top income tax bracket44%10%
Corporate tax22%10%
Capital gains15%8%
VAT24%10%
Tax treaty with FranceYesNo
Special regimeFlat tax 7 % pour retraités étrangersTaxation territoriale
Wealth taxNoNo
Territorial taxationNoYes
🇬🇷

Flat tax 7 % pour retraités étrangers

Duration: 15 ans

Les retraités qui transferent leur résidence fiscale en Grece peuvent bénéficier d'un taux forfaitaire de 7 % sur tous leurs revenus de source étrangere (pensions, revenus fonciers, dividendes, intérets). Ce régime est tres attractif pour les retraités français.

🇵🇾

Taxation territoriale

Duration: Permanente (systeme territorial par défaut)

Le Paraguay applique une imposition strictement territoriale. Seuls les revenus de source paraguayenne sont imposés. Les revenus étrangers, y compris dividendes, intérets et plus-values, sont totalement exonérés.

Cost of living

🇬🇷Greece
🇵🇾Paraguay
Monthly cost (single)900 €600 €
Monthly cost (couple)1 500 €950 €
City center rent600 €350 €
Outside city rent400 €200 €
Private health insurance80 €35 €
Public healthcareAccessiblePrivate only

Estimated total monthly budget (single, with city center rent)

🇬🇷 Greece1 500 €/mo
🇵🇾 Paraguay950 €/mo

Paraguay is approximately 550 € cheaper per month in total.

Quality of life

🇬🇷Greece
🇵🇾Paraguay
Average temperature18°C24°C
Safety5/105/10
Health index59/10055/100
Internet55 Mbps30 Mbps
Timezone vs Paris+1h-5h
French-speaking communitySmallVery small
LanguagesGrecEspagnol, Guarani
CurrencyEuro (EUR)Guarani (PYG)
Corruption index49/10028/100
Democracy index7.56/106.18/10

Settling in

🇬🇷Greece
🇵🇾Paraguay
Residence permit delay4 months3 months
Company creation4 days35 days
Bank accountModerateEasy
Political stability6.5/105.5/10
Ease of business79th worldwide125th worldwide

Summary

🇬🇷

Greece

  • Top IT: 44% | Corp. tax: 22%
  • Cost of living: 900 €/mo
  • Safety: 5/10 | Health: 59/100
  • Regime: Flat tax 7 % pour retraités étrangers (15 ans)
View full profile Greece
🇵🇾

Paraguay

  • Top IT: 10% | Corp. tax: 10%
  • Cost of living: 600 €/mo
  • Safety: 5/10 | Health: 55/100
  • Regime: Taxation territoriale (Permanente (systeme territorial par défaut))
View full profile Paraguay

Comparative analysis: Greece vs Paraguay

Which country has lower taxes?

In terms of taxation, Paraguay is generally more advantageous. The top marginal income tax rate is 10% compared to 44% in Grece. Corporate tax stands at 10% versus 22%. Capital gains are taxed at 8% in Paraguay versus 15% in Greece.

Which country is cheaper to live in?

The cost of living is lower in Paraguay. A single person spends about 600 EUR/month excluding rent, compared to 900 EUR/month in Grece. City center rent averages 350 EUR versus 600 EUR.

Which country is safer?

Both countries have an identical safety score of 5/10.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.