Honduras
How Honduras performs
Tax
Lighter than most. Taxes here are below average: Honduras is 45th of 123. Most people keep a good share of their income and business profit. Personal income tax 0% - 25%, corporate tax 25%, VAT 15%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Some concerns. Honduras is less peaceful than most countries in the index (77th of 117). Look closely at the area you would live in.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Affordable. Everyday life costs less here than in most countries we cover: Honduras is 41st of 118.
Source: Numbeo Cost of Living Index
Education
Weak education. Honduras has one of the weakest education systems in the index, 100th of 120. Families will likely need international or private schooling.
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 | 25% |
|---|---|
| Personal income tax | 0% - 25% Applicable tax rate varies based on the amount of income earned. |
| Standard VAT | 15% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 1 - 3 years1 year for Central Americans by birth, 2 years for Spaniards and Ibero-Americans by birth, and 3 years for other foreigners
- Language requirement
- YesBasic proficiency in Spanish language
- Investment Immigration Pathway
- Honduras Investor Visa
- Official language
- Spanish
- Dual citizenship
- Allows dual citizenship
Peru
Canada
Chile
Guatemala