Expatriation Italy - tax comparison
🇮🇹

Italy

VS
Expatriation Paraguay - tax comparison
🇵🇾

Paraguay

Italy vs Paraguay

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
43%
🇮🇹 Italy
vs
10%
🇵🇾 Paraguay
Monthly cost (single)
1 200 €
🇮🇹 Italy
vs
600 €
🇵🇾 Paraguay
Safety
5/10
🇮🇹 Italy
vs
5/10
🇵🇾 Paraguay

Taxation

🇮🇹Italy
🇵🇾Paraguay
Top income tax bracket43%10%
Corporate tax24%10%
Capital gains26%8%
VAT22%10%
Tax treaty with FranceYesNo
Special regimeRégime Impatriati (70 % d'exonération)Taxation territoriale
Wealth taxNoNo
Territorial taxationNoYes
🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

🇵🇾

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

🇮🇹Italy
🇵🇾Paraguay
Monthly cost (single)1 200 €600 €
Monthly cost (couple)1 900 €950 €
City center rent900 €350 €
Outside city rent550 €200 €
Private health insurance0 €35 €
Public healthcareAccessiblePrivate only

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

🇮🇹 Italy2 100 €/mo
🇵🇾 Paraguay950 €/mo

Paraguay is approximately 1 150 € cheaper per month in total.

Quality of life

🇮🇹Italy
🇵🇾Paraguay
Average temperature15°C24°C
Safety5/105/10
Health index65/10055/100
Internet80 Mbps30 Mbps
Timezone vs Paris+0h-5h
French-speaking communitySmallVery small
LanguagesItalienEspagnol, Guarani
CurrencyEuro (EUR)Guarani (PYG)
Corruption index56/10028/100
Democracy index7.69/106.18/10

Settling in

🇮🇹Italy
🇵🇾Paraguay
Residence permit delay6 months3 months
Company creation11 days35 days
Bank accountModerateEasy
Political stability7/105.5/10
Ease of business58th worldwide125th worldwide

Summary

🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy
🇵🇾

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: Italy 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 43% in Italie. Corporate tax stands at 10% versus 24%. Capital gains are taxed at 8% in Paraguay versus 26% in Italy.

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 1 200 EUR/month in Italie. City center rent averages 350 EUR versus 900 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.