Country vs country

United Arab Emirates vs Paraguay

Side by side for a genuine tax resident, with €150,000 a year in dividends or foreign income.

	United Arab Emirates	Paraguay
Personal income	0%	0% abroad
Company tax	0–9%	10%
Minimum days	90	183
Cost of residency	Expensive	Cheap
Tax on €150,000 a year	€0	€0
Monthly cost for one person, rent included	€2,800	€1,125
In the EU	No	No
Spanish blacklist	No	No
Crypto gains	No personal income tax or capital gains tax for individuals.	Territorial: gains on foreign exchanges treated as foreign-source and outside IRP. No specific crypto law; local-source capital gains taxed 8%.
Pension	No personal income tax, so foreign pensions are untaxed.	Territorial system: only Paraguayan-source income is taxed, so a foreign pension is not taxed.

Who wins

It depends on your case: your nationality, the country you leave and how you earn your money change the answer.