Paraguay, Sao Tome and Principe, Thailand, Panama: Tax Rates & Visa Options Compared

Side-by-side breakdown of tax rates, visa options, remote work, and 6 more dimensions for founders choosing where to incorporate in 2026.

Select Countries

SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaBelizeSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
4 selectedClear all
🇵🇾Paraguay
69
Territorial
🇵🇦Panama
76
Territorial
🇹🇭Thailand
57
Worldwide
🇸🇹Sao Tome and Principe
46
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison2
🇵🇾ParaguayTerritorial10%
🇵🇦PanamaTerritorial25%
🇹🇭ThailandWorldwide35%
🇸🇹Sao Tome and PrincipeWorldwide25%
Tax system mismatchCritical

Thailand and Sao Tome and Principe tax all worldwide income once you become a tax resident (top rate: 35%). Paraguay and Panama do not - only locally-sourced income is taxed. This is a fundamental structural difference that affects your total effective tax burden.

10pp personal tax rate spreadNote

Both countries tax worldwide income, but the top personal income tax rates differ materially. Thailand: 35% vs Sao Tome and Principe: 25%. Both apply to all global earnings once you establish residency.

Not tax advice. Tax laws change frequently. Verify with a qualified professional before making residency decisions.

Field-by-Field Breakdown

Green = best value per row
Metric
🇵🇾Paraguay69
🇵🇦Panama76
🇹🇭Thailand57
🇸🇹Sao Tome and Principe46
Dimension Scores
Corporate Tax
100
100
43
17
Funding
40
60
70
40
Visa
50
90
90
50
Residency
66
73
58
56
Tax Res.
80
80
60
55
Practical
76
81
58
55
Remote Work
69
88
72
52
Family
80
80
80
70
Ecosystem
40
40
60
40
Corporate Tax Details
Corporate Tax Rate10%25%20%25%
Capital Gains Tax10%10%0%0%
Tax Treaties1417613
Territorial SystemYesYesNoNo
Funding Details
Active VCs512200
Government GrantsNoYesYesNo
EU Funding EligibleNoNoNoNo
Visa Details
Has Startup VisaNoYesYesNo
Processing Time60306042
Min Investment$70K$200K-$90K
E-ResidencyNoNoNoNo
Digital Nomad VisaNoYesYesNo
Residency Details
Visa Programs Available2322
Citizenship Timeline3512-
Dual CitizenshipYesYesNoYes
Immigration Score9867
Tax Res. Details
Tax Residency Days120183180183
Personal Tax Top Rate10253525
Territorial TaxationYesYesNoNo
Special Tax RegimeNoNoNoNo
Exit TaxNoNoNoNo
Practical Details
Banking Difficultydifficultmoderatemoderatevery_difficult
100% Foreign OwnershipYesYesNoYes
Company Formation751430
Virtual Office OKYesYesYesNo
Remote Work Details
Nomad VisaNoYesYesNo
Tourist Worktoleratedtoleratedgray_areaillegal
Tourist Visa Days901803015
PE Risk Levellowlowlowlow
Days Before Tax Res.120183180183
Internet Speed305020010
Coworking/mo$80$200$150-
Family Details
Safety Index52556265
Int'l SchoolsYesYesYesNo
Homeschoolinglegallegallegal_with_restrictions-
Healthcare Quality52687230
Cost of Living35654028
Ecosystem Details
Unicorns0030
English Business EnvNoNoNoNo
Talent Pool Quality38485510

Next steps

Ready to take action?

Ready to incorporate in Paraguay?

Recommended services used by founders targeting this jurisdiction.

Affiliate links - we may earn a commission at no extra cost to you.

Open a business bank account

Best options for founders incorporated in or targeting Paraguay.

Affiliate links - we may earn a commission at no extra cost to you.

Discussion (0)

A community of sovereign individuals - founders, families, and remote operators. Share what you know, ask what you don't.

No comments yet - be the first to share what you know about this page.

BEYOND SCORES

Track entities, compliance, and residency days

NomadSignal is more than country scores. Manage your multi-jurisdiction business with pathway playbooks, presence tracking, compliance alerts, and an AI advisor that knows your data.

See the platformPricing