Peru

South America

South America

A low-cost South American country with a 2-year citizenship path, residence by investment and low university tuition, but case-by-case immigration and tax rules.

58
Overall score
Moderate · 95% data coverage
Language
Spanish, Quechua, Aymara
Currency
PEN
Citizenship
2 years
Personal tax
Up to 30%
Cost of living
$850 / mo (single)

Rules change often. Confirm any immigration, tax or legal decision with a qualified professional.

Score breakdown
57
Access
17%
50Residence12%
74Citizenship and passport5%
65
Earning power
25%
62Salary and work12%
67Buying power13%
51
Business and wealth
20%
56Taxes7%
55Business8%
37Investment5%
62
Daily life
25%
57Quality of life18%
75Education7%
48
Rights and institutions
13%
67Freedom6%
32Rule of law7%

Pros

  • A 2-year citizenship path
  • Residence by investment
  • Low university tuition

Cons

  • Case-by-case immigration and tax rules

Best for

StudentsInvestors

Score profile

Access
Residence
50
Citizenship
73
Passport
76
Earning power
Salary & work
62
Buying power
67
Cost of living
72
Economy
67
Business and wealth
Taxes
56
Personal tax
45
Corporate tax
16
Business
55
Investment
37
Wealth building
56
Daily life
Safety
47
Healthcare
61
Environment
65
Infrastructure
63
Education
75
HDI
79
Rights and institutions
Freedom
67
Rule of law
32
How the scores are calculated

Access

Residence
Openness to residents
Moderate
50
Migrant stock5.4% of population (2024)
Regulatory quality0.08 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Main pathways
EmploymentStudyFamily reunificationBusiness or investment where eligible
StudentRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
WorkRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Self-employedRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
PermanentRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Citizenship
Citizenship accessibility
Good
73
Years required2 years
Dual allowedYes
LanguageCheck the current naturalisation rules for the selected route
ResidenceTypical headline route: 2 years; qualifying residence and absence rules apply
NotesRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Passport
Passport power
Good
76
150 / 198
Mobility
#30
Global rank
Yes
Biometric
  • Visa-free95
  • On arrival51
  • eTA4
  • Visa required48

Placeholder estimates for 2024 to 2025. Check entry rules with each destination before travelling.

Earning power

Salary & work
Labour-market strength
Moderate
62
Output per worker$29,844 PPP (2024)
Unemployment5.1% (2025)
Participation72.9% of 15+ (2025)

Source: World Bank World Development Indicators

Mean monthly earnings of employees
Overall$397 · $789 PPP (2024)
Tech (IT & comms)$586 · $1,038 PPP (2024)

Source: ILOSTAT (International Labour Organization)

FreelanceMarket access depends on language, sector, and work authorisation
Job marketUse current local vacancy and salary data for role-specific decisions.
Buying power
Purchasing power score
Good
67
GNI / person$17,540 PPP (2025)
Consumption / person$9,918 PPP (2024)
Price level54 (US = 100) (2025)
Income inequality40.1 Gini (2024)
Inflation1.5% / yr (2025)

Source: World Bank World Development Indicators

Cost of living
Affordability
Good
72
Price level54 (US = 100) (2025)

Source: World Bank World Development Indicators

RentVaries substantially by city and neighbourhood
Monthly$850 / mo (single)
CitiesLima, Arequipa, Cusco
Economy
Economic strength
Good
67
Output & income
GDP$334.9B (2025)
GDP / person$9,684 (2025)
GNI / person$17,540 PPP (2025)
GDP growth3.3% / yr (2024)

Source: World Bank World Development Indicators

Stability & labour
Inflation1.5% / yr (2025)
Unemployment5.1% (2025)
Output per worker$29,844 PPP (2024)

Source: World Bank World Development Indicators

Sector composition
Agriculture7.5% of GDP (2024)
Industry34.3% of GDP (2024)
Services50.9% of GDP (2024)

Source: World Bank World Development Indicators

Main industries
Mining (copper, gold)Fishing & fishmealAgricultureTextilesTourism
Top exports
CopperGoldFishmealFruit & vegetablesZinc
TypeUpper-middle-income, mining-led
Key sectorsMining (a top global copper producer), Fisheries, Agro-exports
SummaryA mining-driven economy and major copper and fishmeal exporter, with fast-growing high-value agriculture.
CurrencyPeruvian sol

Business and wealth

Taxes
Tax friendliness
Moderate
56
PersonalUp to 30%
Corporate29.5%
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Exit taxCheck current domestic rules before changing tax residence
Foreign companiesManagement, permanent-establishment, CFC, and reporting rules may apply
Personal tax
Personal tax
Moderate
45
PersonalUp to 30%
FreelanceRegistration, immigration permission, tax, and social contributions may apply
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Exit taxCheck current domestic rules before changing tax residence
Corporate tax
Corporate tax
Low
16
Corporate29.5%
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Foreign companiesManagement, permanent-establishment, CFC, and reporting rules may apply
Business
Business friendliness
Moderate
55
Regulation & bureaucracy
Regulatory quality0.08 (−2.5 to 2.5) (2024)
Government effectiveness-0.20 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Operating rules
Foreign companyGenerally possible, subject to sector, registration, tax, and substance rules
Local companyAvailable company forms and capital requirements vary
FreelanceRegistration, immigration permission, tax, and social contributions may apply
Investment
Investing environment
Limited
37
Market cap31% of GDP (2025)
Private credit40% of GDP (2024)

Source: World Bank World Development Indicators

Capital gainsTreatment varies by asset, residence, holding period, and treaty position
DividendsData not available yet
ETFs & fundsData not available yet
Wealth taxCheck current national and subnational rules
BrokersLocal and international availability varies by residency and compliance checks
Foreign accessData not available yet
Tax-advantagedData not available yet
Wealth building
Wealth accumulation
Moderate
56
Salary & work
Moderate
62
Business
Moderate
55
Investment
Limited
37
Tax friendliness
Moderate
56
Cost of living
Good
72

Daily life

Safety
Safety & stability
Moderate
47
Personal safety
Homicide rate8.6 per 100,000 (2021)

Source: World Bank World Development Indicators

Institutions & stability
Control of corruption-0.72 (−2.5 to 2.5) (2024)
Political stability-0.65 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Check current government travel and security advice before relocating.

Healthcare
Healthcare score
Moderate
61
Outcomes
Life expectancy77.9 years (2024)
Under-5 mortality12.9 per 1,000 births (2024)

Source: World Bank World Development Indicators

Capacity & resourcing
Physicians1.69 per 1,000 (2023)
Hospital beds1.56 per 1,000 (2023)
Health spending$956 PPP / person (2023)

Source: World Bank World Development Indicators

System & costs
SystemPublic/private mix varies by eligibility and residence status
InsuranceCheck residence-permit and local coverage requirements
Average costDepends on eligibility, income, insurer, and chosen coverage
Environment
Environment score
Good
65
Environmental pressure
PM2.5 exposure31.1 μg/m³ annually (2023)
Water stress4.8% (2022)

Source: World Bank World Development Indicators

Infrastructure
Infrastructure score
Moderate
63
Digital infrastructure
Internet use82.0% (2024)
Internet resilience61 / 100 (2026)
Fixed speed91 / 100 download index (2026)
Mobile speed56 / 100 download index (2026)

Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index

Utilities
Electricity access96.2% (2023)
Grid losses11.3% of output (2023)

Source: World Bank World Development Indicators

Transport
Transport quality2.50 / 5 (2022)
Rail density1.3 km / 1,000 km² (1998)
Air connectivity3,631 departures / million people (2023)

Source: World Bank World Development Indicators

Education
Education score
Good
75
Attainment
Expected schooling14.9 years (2023)
Mean schooling10.2 years (2023)

Source: UNDP Human Development Report 2025

Participation & investment
Tertiary enrolment71% gross (2017)
Education spending4.4% of GDP (2024)

Source: World Bank World Development Indicators

Tuition$2,000–10,000 / yr
Public universityVaries by institution, programme, and student nationality
LanguagesSpanish, Quechua, Aymara
Student workRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
HDI
Human development score
Good
79
HDI0.794 (2023)

Source: UNDP Human Development Report 2025

Long & healthy life
Life expectancy77.7 years (2023)

Source: UNDP Human Development Report 2025

Knowledge
Expected schooling14.9 years (2023)
Mean schooling10.2 years (2023)

Source: UNDP Human Development Report 2025

Standard of living
GNI / person$14,339 PPP (2023)

Source: UNDP Human Development Report 2025

Rights and institutions

Freedom
Freedom score
Good
67
Freedom in the World67 / 100 (Partly free)
Rule of law
Rule of law score
Limited
32
Rule of Law percentile32 / 100
Resources

Data is illustrative. Not legal or tax advice.