🇵🇾 Paraguay

South America
0 residency programs
Territorial taxation
Aregua, Asunción, Paraguay

Countries / Paraguay

Known for

Fact Sheet

Continent

South America

Demonym

Paraguayan

Calling code

+595

Driving side

Right

Motto

Peace and justice (Paz y justicia)
Population
6,672,633
Human development index
0.70
Life expectancy
73 years
Unemployment rate
4%
Inflation rate
3.9%
Fertility rate
2.5

Cost of Life

Cost of Living Index
31.10
Rent Index
9.66
Groceries Index
25.03
Restaurant Price Index
25.01
Local Purchasing Power Index
32.60

Taxation overview

Tax system

Territorial taxation

Countries with a territorial taxation system only levy income tax from local income. Foreign income usually won't be taxed by that country.

Tax Treaties (0)

  • No Double Taxation agreement listed yet.
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