Bolivia

Bolivia operates a moderate tax regime with a top personal income tax rate of 13% and a corporate tax rate of 25%. While not the lowest globally, the rates remain competitive within the region. Capital gains are taxed at a relatively low rate of 13%, making Bolivia reasonably attractive for investors and those with portfolio income. Bolivia operates a territorial tax system, meaning only income sourced within the country is subject to taxation. Foreign-sourced income — including overseas business profits, rental income, and investment returns — is generally exempt. This is particularly advantageous for digital nomads and location-independent entrepreneurs who earn income from international clients. Bolivia permits dual citizenship, which provides flexibility for tax planning through establishing residency in a second jurisdiction without forfeiting existing citizenship rights.