Bolivia

Tax residency in Bolivia is generally triggered by physical presence exceeding 183 days in a calendar year. Foreign income treatment: unknown. No statutory CFC rules apply, which can facilitate the use of foreign holding structures without automatic income attribution.

RC-IVA 13% on employee income (credited against IVA). IT (corporate profit tax) 25%. IUE-BE (dividend complement) 12.5%. Nationalization history. Currency controls. Very low cost of living. Sucre, Cochabamba, La Paz. Lithium resources. FATF grey list.

The standard corporate income tax rate is 25%. Establishing a legal presence here involves a higher degree of administrative complexity, often requiring local legal assistance.

Banking access in Bolivia is attainable but may require more documentation and time than in simpler jurisdictions. Internet infrastructure is developing. Speed and reliability can vary by location and should be assessed for business-critical operations.

Bolivia is currently on the FATF grey list, indicating enhanced monitoring by the international AML/CFT body. This may affect banking relationships and counterparty due diligence requirements. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Based on our scoring model, Bolivia ranks highest for Freelancer and Digital Nomad. It offers a reasonable proposition for freelancer (score: 50/100). It offers a reasonable proposition for digital nomad (score: 50/100). It scores lower for founder / entrepreneur and high net worth individual, who may find other jurisdictions more suitable for their specific requirements.