Guatemala
How Guatemala performs
Tax
Light taxes. Guatemala has one of the lightest tax burdens in the index, 15th of 123. You keep more of what you earn here than in most countries we cover. Personal income tax 5-7%, corporate tax 7-25%, VAT 12%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Average safety. Safety here is about average for the countries we cover: Guatemala is 70th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Average cost. Everyday costs are mid-table: Guatemala is 69th of 118.
Source: Numbeo Cost of Living Index
Education
Below average. Education here is weaker than in most countries we cover (92nd of 120). Families may want to look at international schools.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 7-25% Subject to reporting circumstances |
|---|---|
| Personal income tax | 5-7% Applicable tax rate varies based on the amount of income earned. |
| Standard VAT | 12% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- YesBasic proficiency in Spanish language
- Investment Immigration Pathway
- Guatemala Investor Visa
- Official language
- Spanish
- Dual citizenship
- Allows dual citizenship
Peru
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Chile
Panama