Expatriation Mexico - tax comparison
πŸ‡²πŸ‡½

Mexico

VS
Expatriation Paraguay - tax comparison
πŸ‡΅πŸ‡Ύ

Paraguay

Mexico vs Paraguay

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
35%
πŸ‡²πŸ‡½ Mexico
vs
10%
πŸ‡΅πŸ‡Ύ Paraguay
Monthly cost (single)
700 €
πŸ‡²πŸ‡½ Mexico
vs
600 €
πŸ‡΅πŸ‡Ύ Paraguay
Safety
5/10
πŸ‡²πŸ‡½ Mexico
vs
5/10
πŸ‡΅πŸ‡Ύ Paraguay

Taxation

πŸ‡²πŸ‡½Mexico
πŸ‡΅πŸ‡ΎParaguay
Top income tax bracket35%10%
Corporate tax30%10%
Capital gains10%8%
VAT16%10%
Tax treaty with FranceYesNo
Special regimeNoneTaxation territoriale
Wealth taxNoNo
Territorial taxationNoYes
πŸ‡΅πŸ‡Ύ

Taxation territoriale

Duration: Permanente (systeme territorial par dΓ©faut)

Le Paraguay applique une imposition strictement territoriale. Seuls les revenus de source paraguayenne sont imposΓ©s. Les revenus Γ©trangers, y compris dividendes, intΓ©rets et plus-values, sont totalement exonΓ©rΓ©s.

Cost of living

πŸ‡²πŸ‡½Mexico
πŸ‡΅πŸ‡ΎParaguay
Monthly cost (single)700 €600 €
Monthly cost (couple)1β€―100 €950 €
City center rent550 €350 €
Outside city rent350 €200 €
Private health insurance60 €35 €
Public healthcareAccessiblePrivate only

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

πŸ‡²πŸ‡½ Mexico1β€―250 €/mo
πŸ‡΅πŸ‡Ύ Paraguay950 €/mo

Paraguay is approximately 300 € cheaper per month in total.

Quality of life

πŸ‡²πŸ‡½Mexico
πŸ‡΅πŸ‡ΎParaguay
Average temperature22Β°C24Β°C
Safety5/105/10
Health index72/10055/100
Internet50 Mbps30 Mbps
Timezone vs Paris-7h-5h
French-speaking communityVery smallVery small
LanguagesEspagnolEspagnol, Guarani
CurrencyPeso mexicain (MXN)Guarani (PYG)
Corruption index31/10028/100
Democracy index5.63/106.18/10

Settling in

πŸ‡²πŸ‡½Mexico
πŸ‡΅πŸ‡ΎParaguay
Residence permit delay3 months3 months
Company creation8 days35 days
Bank accountModerateEasy
Political stability4/105.5/10
Ease of business60th worldwide125th worldwide

Summary

πŸ‡²πŸ‡½

Mexico

  • Top IT: 35% | Corp. tax: 30%
  • Cost of living: 700 €/mo
  • Safety: 5/10 | Health: 72/100
View full profile Mexico β†’
πŸ‡΅πŸ‡Ύ

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 dΓ©faut))
View full profile Paraguay β†’

Comparative analysis: Mexico 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 35% in Mexique. Corporate tax stands at 10% versus 30%. Capital gains are taxed at 8% in Paraguay versus 10% in Mexico.

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 700 EUR/month in Mexique. City center rent averages 350 EUR versus 550 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.