Peru
How Peru performs
Tax
Average taxes. Peru sits mid-table on tax, 59th of 123. Expect a typical tax bill: neither a reason to move here nor a reason to stay away. Personal income tax 8-30%, corporate tax 29.5%, VAT 18%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Some concerns. Peru is less peaceful than most countries in the index (85th 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: Peru is 28th of 118.
Source: Numbeo Cost of Living Index
Education
Average education. Education is mid-table: Peru is 67th of 120.
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 | 29.5% |
|---|---|
| Personal income tax | 8-30% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 18% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- YesProficiency in Spanish language
- Investment Immigration Pathway
- Peru Corporate Investment Visa (Calidad Migratoria de Inversionista)
- Official languages
- Spanish, Quechua and Aymara
- Dual citizenship
- Allows dual citizenship