Expatriation Paraguay - tax comparison
🇵🇾

Paraguay

VS
Expatriation Thailand - tax comparison
🇹🇭

Thailand

Paraguay vs Thailand

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
10%
🇵🇾 Paraguay
vs
35%
🇹🇭 Thailand
Monthly cost (single)
600 €
🇵🇾 Paraguay
vs
700 €
🇹🇭 Thailand
Safety
5/10
🇵🇾 Paraguay
vs
6/10
🇹🇭 Thailand

Taxation

🇵🇾Paraguay
🇹🇭Thailand
Top income tax bracket10%35%
Corporate tax10%20%
Capital gains8%0%
VAT10%7%
Tax treaty with FranceNoYes
Special regimeTaxation territorialeLong-Term Resident (LTR) Visa
Wealth taxNoNo
Territorial taxationYesYes
🇵🇾

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.

🇹🇭

Long-Term Resident (LTR) Visa

Duration: 10 ans

Le visa LTR lancé en 2022 offre un taux forfaitaire de 17 % sur les revenus thailandais pour les professionnels hautement qualifiés, et une exonération totale sur les revenus de source étrangere pour certaines catégories (retraités fortunés, investisseurs).

Cost of living

🇵🇾Paraguay
🇹🇭Thailand
Monthly cost (single)600 €700 €
Monthly cost (couple)950 €1 100 €
City center rent350 €500 €
Outside city rent200 €300 €
Private health insurance35 €80 €
Public healthcarePrivate onlyAccessible

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

🇵🇾 Paraguay950 €/mo
🇹🇭 Thailand1 200 €/mo

Paraguay is approximately 250 € cheaper per month in total.

Quality of life

🇵🇾Paraguay
🇹🇭Thailand
Average temperature24°C28°C
Safety5/106/10
Health index55/10078/100
Internet30 Mbps200 Mbps
Timezone vs Paris-5h+6h
French-speaking communityVery smallSmall
LanguagesEspagnol, GuaraniThai, Anglais
CurrencyGuarani (PYG)Baht (THB)
Corruption index28/10036/100
Democracy index6.18/106.35/10

Settling in

🇵🇾Paraguay
🇹🇭Thailand
Residence permit delay3 months2 months
Company creation35 days6 days
Bank accountEasyModerate
Political stability5.5/105.5/10
Ease of business125th worldwide21th worldwide

Summary

🇵🇾

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
🇹🇭

Thailand

  • Top IT: 35% | Corp. tax: 20%
  • Cost of living: 700 €/mo
  • Safety: 6/10 | Health: 78/100
  • Regime: Long-Term Resident (LTR) Visa (10 ans)
View full profile Thailand

Comparative analysis: Paraguay vs Thailand

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 Thailande. Corporate tax stands at 10% versus 20%. Capital gains are taxed at 0% in Thailand versus 8% in Paraguay.

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 Thailande. City center rent averages 350 EUR versus 500 EUR.

Which country is safer?

Thailande scores higher on safety (6/10 versus 5/10). In terms of healthcare, Thailande leads with an index of 78/100 compared to 55/100 for Paraguay.

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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.