NomadNoTaxCompare
Paraguay vs Portugal, the UAE and Cyprus
How Paraguay compares for people who earn abroad. Each number links to the official page that says it.
| Income from abroad | How you get it | Hassle | |
|---|---|---|---|
| Paraguay | Generally not taxed if the work is done outside Paraguay [1] | Temporary residency for up to 2 years, then you can apply for permanent [2][8] | Appointments in person in Paraguay |
| Portugal | Taxed: residents pay tax on worldwide income [3] | Become a Portuguese tax resident | NHR closed to newcomers since 2024, replaced by a tax incentive for scientific research and innovation [4] |
| UAE | No personal income tax [9]; 9% corporate tax on taxable income above AED 375,000 [5] | 183 days in 12 months, or 90 with a residence permit plus a home or a job, or your main home and centre of interests there [6] | One route: an investor golden visa, from AED 2 million [10] |
| Cyprus | Non-dom: no defence tax on dividends or interest until you've been resident 17 of the last 20 years [7] | Become a Cyprus tax resident | File declaration T.D.38 and its questionnaires in the first year you claim the exemption [7] |
Sources:
- Paraguay, Ley 6380/2019, Dirección Nacional de Ingresos Tributarios
- Paraguay, Dirección Nacional de Migraciones, residencia temporal (Ley 6984/2022)(archived copy)
- Portugal, Código do IRS, artigo 15.º
- Portugal, Autoridade Tributária e Aduaneira, Non-Habitual Resident registration
- UAE Government Portal, Corporate tax
- UAE, Cabinet Decision No. 85 of 2022
- Cyprus, Tax Department, Form T.D.38 (2016 version, archived copy)
- Paraguay, Dirección Nacional de Migraciones, cambio de residencia temporal a permanente (Ley 6984/2022)(archived copy)
- UAE Government Portal, Taxation: the UAE does not levy income tax on individuals
- UAE Government Portal, Golden visa
General information, not tax or legal advice.