Expatriation Paraguay - tax comparison
πŸ‡΅πŸ‡Ύ

Paraguay

VS
Expatriation United Kingdom - tax comparison
πŸ‡¬πŸ‡§

United Kingdom

Paraguay vs United Kingdom

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
10%
πŸ‡΅πŸ‡Ύ Paraguay
vs
45%
πŸ‡¬πŸ‡§ United Kingdom
Monthly cost (single)
600 €
πŸ‡΅πŸ‡Ύ Paraguay
vs
1β€―800 €
πŸ‡¬πŸ‡§ United Kingdom
Safety
5/10
πŸ‡΅πŸ‡Ύ Paraguay
vs
5/10
πŸ‡¬πŸ‡§ United Kingdom

Taxation

πŸ‡΅πŸ‡ΎParaguay
πŸ‡¬πŸ‡§United Kingdom
Top income tax bracket10%45%
Corporate tax10%25%
Capital gains8%24%
VAT10%20%
Tax treaty with FranceNoYes
Special regimeTaxation territorialeNone
Wealth taxNoNo
Territorial taxationYesNo
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‡΅πŸ‡ΎParaguay
πŸ‡¬πŸ‡§United Kingdom
Monthly cost (single)600 €1β€―800 €
Monthly cost (couple)950 €2β€―900 €
City center rent350 €1β€―600 €
Outside city rent200 €1β€―000 €
Private health insurance35 €0 €
Public healthcarePrivate onlyAccessible

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

πŸ‡΅πŸ‡Ύ Paraguay950 €/mo
πŸ‡¬πŸ‡§ United Kingdom3β€―400 €/mo

Paraguay is approximately 2β€―450 € cheaper per month in total.

Quality of life

πŸ‡΅πŸ‡ΎParaguay
πŸ‡¬πŸ‡§United Kingdom
Average temperature24Β°C11Β°C
Safety5/105/10
Health index55/10073/100
Internet30 Mbps100 Mbps
Timezone vs Paris-5h-3h
French-speaking communityVery smallLarge
LanguagesEspagnol, GuaraniAnglais
CurrencyGuarani (PYG)Livre sterling (GBP)
Corruption index28/10071/100
Democracy index6.18/108.54/10

Settling in

πŸ‡΅πŸ‡ΎParaguay
πŸ‡¬πŸ‡§United Kingdom
Residence permit delay3 months6 months
Company creation35 days5 days
Bank accountEasyModerate
Political stability5.5/108/10
Ease of business125th worldwide8th worldwide

Summary

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†’
πŸ‡¬πŸ‡§

United Kingdom

  • Top IT: 45% | Corp. tax: 25%
  • Cost of living: 1β€―800 €/mo
  • Safety: 5/10 | Health: 73/100
View full profile United Kingdom β†’

Comparative analysis: Paraguay vs United Kingdom

Which country has lower taxes?

In terms of taxation, Paraguay is generally more advantageous. The top marginal income tax rate is 10% compared to 45% in Royaume-Uni. Corporate tax stands at 10% versus 25%. Capital gains are taxed at 8% in Paraguay versus 24% in United Kingdom.

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 1β€―800 EUR/month in Royaume-Uni. City center rent averages 350 EUR versus 1β€―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.