Paraguay vs Belgium
Tax Residency Comparison
Paraguay taxes foreign income at 0% through its territorial system, while Belgium taxes residents at up to 50%. Belgians switching to Paraguay residency save $55,000 - $230,000+ per year on average, with a fast 90-day process and only a $5,000 bank deposit required.
Side-by-Side Tax Comparison
| Category | 🇵🇾 Paraguay | 🇧🇪 Belgium |
|---|---|---|
| Foreign Income Tax | 0% | up to 50% |
| Capital Gains Tax | 8% | 0-33% |
| Corporate Tax | 10% | 25% |
| Inheritance/Estate Tax | None | 3-80% |
| Residency Timeline | 90 days | N/A |
| Investment Required | $5,000 bank deposit | N/A |
| Physical Presence | Once every 3 years | 183+ days/year |
| Path to Citizenship | 3 years to citizenship | Varies |
Why Belgians Choose Paraguay
Save $55,000 - $230,000+/Year
The average belgians moving to Paraguay saves $55,000 - $230,000+ annually by eliminating up to 50% taxes on foreign-sourced income.
Territorial Tax System
Unlike Belgium's worldwide taxation, Paraguay only taxes income generated within its borders. Foreign income is generally exempt.
Location Freedom
While Belgium requires 183+ days presence, Paraguay only requires a visit once every 3 years to maintain residency.
Fast Process
Get permanent residency in just 90 days. No years of waiting, no complex point systems, no quotas.
The Belgium Tax Problem
One of the highest tax burdens in Europe
Complex regional taxation
High social security contributions
Wealth tax discussions ongoing
Important: Leaving Belgium
Belgium has strict anti-avoidance rules. Paraguay residency provides genuine substance for breaking Belgian tax ties.
Our team includes specialists familiar with Belgium tax law who can help you navigate the transition properly and legally.
Who Should Consider Paraguay Over Belgium?
Remote Workers
Keep 100% of your foreign-earned income instead of losing up to 50% to taxes.
Entrepreneurs
Build your business without the Belgium tax burden holding you back.
Investors
Optimize capital gains with Paraguay's favorable 8% rate vs 0-33%.
Retirees
Stretch your pension and investments further with minimal tax obligations.
Frequently Asked Questions
Is Paraguay better than Belgium for taxes?
For personal income, Paraguay is dramatically better with 0% on foreign income versus Belgium's 50% top rate. Belgium also has one of the highest inheritance tax rates in the world at up to 80%, while Paraguay has none.
What's the tax difference between Paraguay and Belgium?
Belgium taxes income at up to 50%, has high social contributions, and inheritance tax from 3-80%. Paraguay taxes only local income at 10%, has no tax on foreign income, no social security obligations for non-workers, and no inheritance tax.
Can Belgians get Paraguay residency easily?
Yes. Belgian citizens enter Paraguay visa-free and can apply for permanent residency directly. The process takes 4-6 weeks and is straightforward with standard documentation requirements.
Explore More Resources
Everything you need to make an informed decision about Paraguay residency
Ready to Compare Your Savings?
Calculate exactly how much you could save by moving from Belgium to Paraguay.
Last reviewed: February 2026