Italy 7% Flat Tax for Retirees (Southern Italy) vs Paraguay Pensionado Visa
Italy retirement route: 120 months. Paraguay retirement route: $370 fee, 6 months.
Built for: FIRE, Retirees and Passive investors.
One of these visas has limited data on file, so some rows read Not specified. Compare the published fields only.
- Duration
- 120 months
- Income
- $1,300/mo
- Fee
- $370
- Duration
- 6 months
Next steps
Italy 7% Flat
Paraguay Pensionado
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Side by side
Italy 7% Flat Tax for Retirees (Southern Italy)
Paraguay Pensionado Visa
Visa type
Status
Initial duration, months
Renewable
Built for
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Interview required
Medical exam required
Minimum income, per month
Minimum savings, one time
Minimum investment, one time
Investment types
Application fee, one time
Renewal cost, one time
Income sources accepted
Social Security counts as income
Pension income recognized
Local work permitted
Maximum income from local work, %
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Leads to permanent residency
Years to permanent residency
Years to citizenship, PR plus naturalization
Days in country, per year
Maximum consecutive days abroad
Tax regime
US tax treaty
| Field | Italy 7% Flat Tax for Retirees (Southern Italy) | Paraguay Pensionado Visa |
|---|---|---|
| Visa type | Retirement | Retirement |
| Status | Active | Active |
| Initial duration, months | 120 (Longest initial stay) | 6 |
| Renewable | Yes (Renewable) | No |
| Built for | FIRE, Retirees, Passive investors | FIRE, Retirees, Passive investors |
| Nationality restrictions | Open to all nationalities | Open to all nationalities |
| Field | Italy 7% Flat Tax for Retirees (Southern Italy) | Paraguay Pensionado Visa |
|---|---|---|
| Minimum income, per month | Not specified | $1,300 |
| Minimum savings, one time | Not specified | $200,000 |
| Minimum investment, one time | Not applicable | Not applicable |
| Investment types | Not applicable | Not applicable |
| Application fee, one time | Not specified | $370 |
| Renewal cost, one time | Not specified | $0 |
| Field | Italy 7% Flat Tax for Retirees (Southern Italy) | Paraguay Pensionado Visa |
|---|---|---|
| Income sources accepted | Pension or Social Security, Passive income, Business income | Pension or Social Security, Passive income |
| Social Security counts as income | Yes | Yes |
| Pension income recognized | No | Yes (Pension income recognized) |
| Local work permitted | No | No |
| Maximum income from local work, % | 0% | Not specified |
| Field | Italy 7% Flat Tax for Retirees (Southern Italy) | Paraguay Pensionado Visa |
|---|---|---|
| Processing time, minimum (weeks) | Not specified | 1 weeks |
| Processing time, maximum (weeks) | Not specified | 104 weeks |
| Interview required | No | No |
| Medical exam required | No | No |
| Field | Italy 7% Flat Tax for Retirees (Southern Italy) | Paraguay Pensionado Visa |
|---|---|---|
| Leads to permanent residency | No | No |
| Years to permanent residency | 5 years | 2 years (Shortest known path to permanent residency) |
| Years to citizenship, PR plus naturalization | Not applicable | Not applicable |
| Days in country, per year | Not specified | 180 days |
| Maximum consecutive days abroad | Not specified | 1,095 days |
| Field | Italy 7% Flat Tax for Retirees (Southern Italy) | Paraguay Pensionado Visa |
|---|---|---|
| Tax regime | Worldwide | Not specified |
| US tax treaty | Partial treaty | Not specified |
| Field | Italy 7% Flat Tax for Retirees (Southern Italy) | Paraguay Pensionado Visa |
|---|---|---|
| Health insurance required | Yes | Yes |
| Local bank account required | No | No |
| Apostille required | No (No apostille needed) | Yes |
| US FBI background check required | No (No US FBI background check needed) | Yes |
| Certificate of coverage required | No | No |