Mexico taxes a resident on worldwide income, while Paraguay taxes only income that arises there. Mexico naturalises after 5 years of residence, and Paraguay naturalises after 3 years of residence (from permanent residence).
Mexico sources verified 2026-07-12. Paraguay sources verified 2026-07-21.
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| MexicoSources verified 2026-07-12 | ParaguaySources verified 2026-07-21 |
|---|---|
| Personal income tax | |
| WorldwideLey del Impuesto sobre la Renta, Articulo 1 (Orden Juridico Nacional) | TerritorialLey 6380/2019, Articulo 6 (Fuente), consolidated (DNIT) |
| Lowest cited income floor, a month | |
$4,270 Economic self-sufficiencyLineamientos generales para la expedicion de visas (DOF 25/07/2025) | Not in this dossier yet |
| Lowest cited investment route | |
| Not in this dossier yet | $70,000 InvestorResolucion MIC 283/2026, Anexo I, Articulo 1 inciso g (Montos minimos de inversion) |
| Citizenship | |
Residence first5 yrs | Residence first3 yrs from permanent residence |
| Your current passport | |
| Kept on naturalisationDoble nacionalidad (SRE, gob.mx) | Not in this dossier yet |
| EU access and English | |
| No EU accessEnglish not widespread | No EU accessEnglish not widespread |
* OmniFlag's own assessment, not a figure from a statute.
The full comparison, in words
Mexico and Paraguay differ on the three things a mover weighs first: what each taxes, the cheapest cited way in, and how long citizenship takes. On tax, Mexico taxes a resident on worldwide income, while Paraguay taxes only income that arises there. On entry, Mexico's lowest cited income floor is $4,270 a month on its economic self-sufficiency route. Paraguay's lowest cited way in is $70,000 on its investor route. On citizenship, Mexico naturalises after 5 years of residence, and Paraguay naturalises after 3 years of residence (from permanent residence). The table below sets every cited figure side by side, and each dossier carries the full detail.
Common questions
Does Mexico or Paraguay tax foreign income?
Mexico: Worldwide income, ISR on all income regardless of where it is earned. Non-residents are taxed on Mexican-source income only. Paraguay: Paraguayan-source income only: activity carried out here, assets located here, or rights used here.
When do Mexico and Paraguay treat you as tax resident?
Mexico: A home in Mexico, establishing a home here makes you a tax resident. Centre of vital interests, With a home in two countries, whether more than half your yearly income is Mexican-sourced. Paraguay: Residence status, Holding permanent residence under the migration law. There is no day count. A tax residency test runs separately from the permit that lets you live there, so holding one does not settle the other.
What is the cheapest cited way to live in Mexico or Paraguay?
Mexico's lowest cited income floor is $4,270 a month on its economic self-sufficiency route. Paraguay's lowest cited way in is $70,000 on its investor route.
Which grants citizenship sooner, Mexico or Paraguay?
Mexico naturalises after 5 years of residence. Paraguay naturalises after 3 years of residence (from permanent residence). Mexico lets you keep your current passport.
Read each dossier in full
North America
Mexico
Residence by economic solvency next door to the US, a defined path to a passport, and dual nationality kept.
- Permanent residence
- 4 years
South America
Paraguay
Territorial tax, an accessible route to permanent residence, and a low-cost base in the Southern Cone.
- Permanent card
- 10 years
- Tax basis
- Territorial
from permanent residence
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