For PY what do you mean by as long as you don't have tax obligations in other countries you don't pay tax on foreigned source income? To go deeper, let's say you are a non-usa citizen/resident and had a business in america that was solely generating income from the usa but you had tax obligations for this american sourced income, how would this affect the paraguayan tax system? Would paraguay not allow you to benefit from the tax-territorial system due to this obligation and therefore paraguay would tax you on this foreign sourced income scenario?
Which of the discussed countries are you most interested in? 🙂
Guatemala
El Salvador just entered this list.
Panama and Paraguay.
Great choices!
I love me some Goodamala.. sorry i had to lol. Its pronounced Wa-te-mala
For PY what do you mean by as long as you don't have tax obligations in other countries you don't pay tax on foreigned source income? To go deeper, let's say you are a non-usa citizen/resident and had a business in america that was solely generating income from the usa but you had tax obligations for this american sourced income, how would this affect the paraguayan tax system? Would paraguay not allow you to benefit from the tax-territorial system due to this obligation and therefore paraguay would tax you on this foreign sourced income scenario?
That's why we recommend Paraguay and Argentina!
QUESTION ❗ARE YOU SURE COSTA RICA DOESNT TAX FOREIGN INCOME OUTSIDE OF THE COUNTRY?