Freedom Score

Emigrating from Bosnia & Herzegovina to Paraguay: tax and cost of living

How does Paraguay score against Bosnia & Herzegovina? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€2,700
Per year vs. Bosnia & Herzegovina+€9,861

Territorial 10% flat · 3-day residency

Tax

84/100

Residency

87/100

Cost of living

89/100

Living environment

48/100

Mobility

62/100

Ownership

85/100

Compared by dimension

On an average Bosnia & Herzegovina income of €36,000 gross per year, you keep €32,401 net in Paraguay: a difference of €9,861 per year compared with Bosnia & Herzegovina.

  • Tax: on this income Paraguay lands at an effective rate of about 10%, against 37% in Bosnia & Herzegovina.
  • Passport and mobility: from Paraguay you travel visa-free to 144 countries.
  • Residency: on our accessibility scale Paraguay scores 87 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Paraguay a living-environment score of 48 out of 100.

The tax regime in Paraguay

Paraguay taxes only income sourced within Paraguay (territorial system). Foreign-sourced income is fully exempt. The top personal income tax rate is 10%. Corporate income tax is 10%. No wealth tax, no inheritance tax.

Residency and visas in Paraguay

Paraguay is known for one of the simplest and fastest residency programs in the world. Temporary residency is obtainable based on proof of passive income (approx. EUR 1,300/month) or a bank deposit. Permanent residency is available after 3 years. No minimum stay requirements.

  • Residencia Temporal por Ingresos / Jubilación · €1,300/year · 3 years to permanent residency
  • Residencia Temporal por Depósito Bancario · €5,000 · 3 years to permanent residency
  • Residencia Permanente
  • Residencia para Inversionistas · €70,000
Read the full guide to ParaguayTax, residency routes, property rules and quality of life, with sources.

Frequently asked questions

What is the financial difference between Bosnia & Herzegovina and Paraguay?
On an average Bosnia & Herzegovina income it differs by roughly €9,861 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €6,99

Figures from primary government sources. Information, not advice.

Sources