Territorialtax

by Phileas Fogg Jun 17, 2026 · Edited

Prospera vs Paraguay… The Better Plan B Residency?

Paraguay and Prospera (Honduras) offer low-tax Plan B residency for digital nomads. Prospera processes remotely in weeks with a $5k flat annual tax, company setup, banking, and local ties. Paraguay is cheaper but takes months, requires a visit, has limited banking, and monthly RUC filings. Prospera suits nomads needing formal tax residency; Paraguay fits affordable backup residency.

by Phileas Fogg Jun 28, 2026 · Edited

Panama, The Most Underrated Tax Residency in the World in 2026

Panama offers 0% tax on foreign income via territorial taxation and a rare path to citizenship compared with Dubai or Monaco. Four residency routes: qualified investor golden visa ($300k–$750k), pension visa ($1k/mo guaranteed income, no citizenship), friendly nations visa ($200k investment or employment via your own company), and digital nomad visa ($36k/yr, up to 18 months).