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Peru, officially known as the Republic of Peru, is a country located in western South America. Here are five important facts about Peru:

1. Rich Cultural Heritage: Peru is renowned for its ancient civilizations and rich cultural heritage. The country was home to the Inca Empire, which left behind remarkable archaeological sites such as Machu Picchu, Cusco, and the Nazca Lines. The Peruvian culture is a blend of indigenous traditions, Spanish colonial influences, and modern global influences.

2. Diverse Landscapes: Peru boasts a diverse range of landscapes, including the Andes Mountains, the Amazon Rainforest, and the Pacific Coast. The Andes offer stunning mountain peaks, deep valleys, and picturesque lakes, while the Amazon Rainforest is one of the most biodiverse regions on the planet. The coastal region features beautiful beaches and bustling cities like Lima.

3. Culinary Delights: Peruvian cuisine has gained international recognition and acclaim. It is known for its diverse flavors, fresh ingredients, and fusion of indigenous and international influences. Ceviche, a dish made with raw fish marinated in citrus juice, is a popular Peruvian specialty. Other notable dishes include Lomo Saltado, Anticuchos, and Aji de Gallina.

4. Cultural Festivals: Peru celebrates numerous vibrant and colorful festivals throughout the year. The most famous festival is Inti Raymi, the Festival of the Sun, which takes place in Cusco to honor the Inca sun god. The Qoyllur Rit'i festival, Corpus Christi, and the Virgen de la Candelaria festival are also important cultural events that showcase traditional music, dance, and elaborate costumes.

5. Natural Wonders: Peru is home to remarkable natural wonders. In addition to the iconic Machu Picchu, the country offers other breathtaking destinations such as the Colca Canyon, the highest navigable lake in the world - Lake Titicaca, and the Paracas National Reserve. These natural attractions attract adventure seekers, hikers, nature enthusiasts, and wildlife lovers from around the globe.

 

Immigration Details

There are various immigration options available for individuals interested in immigrating to Peru, including starting a business, obtaining a work permit, studying, and applying for permanent residency. Here's an overview of each option:

1. Establishing a Company:
- Capital requirements: The capital requirements for establishing a company in Peru can vary depending on the type of business and industry. The exact capital requirements are determined by the Superintendency of Banking, Insurance, and Private Pension Fund Administrators (SBS) or other relevant regulatory agencies.
- Employing locals: If you establish a company in Peru, you can employ local workers. You will need to comply with the country's labor laws, including obtaining work permits for foreign employees and adhering to employment regulations.
- Resident investment: There is no specific resident investment program in Peru, but successfully running a business and contributing to the country's economy can support your long-term residency prospects.
- Timeline and fees: The timeline and fees for establishing a company in Peru can vary depending on various factors such as the nature of the business, government processing times, and professional fees.

2. Work Permit:
- Finding a job: Secure a job offer from a Peruvian employer. The employer will need to sponsor your work permit application and provide the necessary documentation, including an employment contract and proof of qualifications.
- Work permit: Once you have a job offer, your employer will apply for a work permit (Resident Worker Visa) on your behalf. The specific work permit category will depend on the nature of your employment and qualifications.
- Residency permit: With a work permit, you can reside in Peru for the duration of your employment. Work permits are typically valid for a specific period and can be renewed if the employment continues.
- Timeline and fees: The processing time for work permits can vary depending on the type of permit and individual circumstances. The fees typically include work permit application fees, government fees, and any related administrative charges.

3. Study-based Immigration:
- Obtain admission: Apply and get accepted into a recognized educational institution in Peru.
- Student visa: Once accepted, you will need to apply for a student visa (Student Visa) which allows you to reside in Peru for the duration of your studies.
- Residency permit: Depending on your circumstances, you may have the opportunity to transition from a student visa to a work permit or apply for permanent residency if you meet the eligibility criteria.
- Timeline and fees: The processing time for student visas and transitioning to other permits can vary. The fees typically include visa application fees, tuition fees, and other administrative charges.

4. Permanent Residency:
- Eligibility criteria: Permanent residency in Peru can be obtained through various routes, including family ties, marriage to a Peruvian citizen, or being a beneficiary of a Peruvian national or resident. Each category has its own eligibility requirements.
- Application process: The application process for permanent residency involves submitting the necessary documents, including application forms, identification documents, proof of financial stability, criminal record checks, and other supporting documents.
- Citizenship: After obtaining permanent residency and meeting certain residency requirements, individuals may be eligible to apply for Peruvian citizenship through a separate application process.

 

Location
Rank
  • VISA-FREE
    100
  • DUAL CITIZENSHIP
  • POPULATION
    32,275,736
  • Time To Citizenship
    19
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TAX

An individual is deemed to be tax resident in Peru if he or she remains more than 183 days in a calendar year in the country.

Tax residents are subject to personal income tax on their worldwide income, while non-residents pay taxes on their income sourced in Peru.

Personal income accrued by residents is subject to progressive tax rates ranging from 0% to 30% on income exceeding 45 tax units (currently a tax unit is equivalent to PEN 3,850). Non-residents are taxed at a flat 30% rate on their Peruvian-source income.

Capital gains, as well as rental income and interest income, is taxed separately at a 5% rate. In the case of non-residents, gains derived from transfers of shares that take place outside the country are taxed at a 30% rate.

Dividends are subject to a final withholding tax, at an 8% rate for years 2017 and 2018, and 9.3% from 2019.

Passive income accrued by controlled foreign companies (CFC) may be attributable, provided that the resident holds at least 50% of ownership, voting rights, or gains and such companies are resident in tax havens or jurisdictions with nil or reduced tax rates.

Real property tax is levied at progressive rates from 0.2% to 1%, and tax is deductible for income tax purposes. Transfer of buildings is subject to a 3% tax, the first 10 tax units being tax-exempt.
There is no tax on net wealth and inheritances.

Regarding corporate taxation, resident entities pay 29.5% tax on their worldwide net income. Capital gains and dividends received from foreign entities are included in taxable income, but a tax credit for foreign tax paid is usually available.

This should not be construed as tax advice. We have access to a global network of qualified attorneys and accountants who can give you the proper advice for your particular circumstances. Contact us for further information.

  • Property Tax Yes
  • Transfer Tax Yes
  • Inheritance Tax No
  • Net Worth Tax No
  • CFC Law Yes
  • Tax Residency Days 183
  • Personal Income Tax Rate 30%
  • Capital Gains Tax Rate 5%
  • Investment Income Tax Rate 8%
  • Territorial Taxation No
Visa-Free Explain

Where Can Peruvian Passport Holders Travel Without a Visa?

As of June 2023, Peruvian passport holders can travel visa free to 100 countries and territories:

  • Albania
  • Andorra
  • Antigua and Barbuda
  • Argentina
  • Aruba
  • Austria
  • Bahamas
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Bermuda
  • Bolivia
  • Caribbean Netherlands
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Brunei
  • Bulgaria
  • Cayman Islands
  • Chile
  • Colombia
  • Cook Islands
  • Costa Rica
  • Croatia
  • Curaçao
  • Cyprus
  • Czechia
  • Denmark
  • Dominica
  • Dominican Republic
  • Ecuador
  • Estonia
  • Faroe Islands
  • Fiji
  • Finland
  • France
  • French Guiana
  • Germany
  • Greece
  • Greenland
  • Guatemala
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • Indonesia
  • Israel
  • Italy
  • Jamaica
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malaysia
  • Malta
  • Mexico
  • Micronesia
  • Moldova
  • Monaco
  • Montenegro
  • Morocco
  • Netherlands
  • New Caledonia
  • Niue
  • North Macedonia
  • Norway
  • Oman
  • Palestine
  • Panama
  • Paraguay
  • Philippines
  • Poland
  • Portugal
  • Qatar
  • Romania
  • Russia
  • San Marino
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • Saint Kitts and Nevis
  • Saint Vincent and the Grenadines
  • Suriname
  • Sweden
  • Switzerland
  • Thailand
  • Trinidad and Tobago
  • Türkiye
  • United Kingdom
  • Uruguay
  • Vanuatu
  • Vatican City

For visa-free travels, you still must have a valid passport — usually six months after your departure date— and you must purchase travel health insurance as required by your destination country.

Where Can Peruvian Citizens Go Without a Passport?

Peruvian citizens can enter the following countries without a passport with only an ID card:

  • Argentina
  • Bolivia
  • Brazil
  • Chile
  • Colombia
  • Ecuador
  • Paraguay
  • Uruguay

What Countries Issue eVisa to Peruvian Citizens?

The following 24 countries issue eVisas for Peruvian passport holders:

  • Azerbaijan
  • Benin
  • Djibouti
  • Egypt
  • Ethiopia
  • Gabon
  • Georgia
  • Guinea
  • India
  • Kenya
  • Kuwait
  • Kyrgyzstan
  • Lesotho
  • Montserrat
  • Myanmar
  • Pakistan
  • São Tomé and Príncipe
  • Taiwan
  • Tajikistan
  • Uganda
  • Ukraine
  • United Arab Emirates
  • Uzbekistan
  • Vietnam

The process of getting an eVisa is more or less the same as applying for a traditional visa. However, in this case, you don’t have to visit a visa application center— you can submit your application online, including the visa payment.

After your application is approved, you will receive an email confirming your visa status along with a document you must print out and bring with you when crossing the border. Your visa will be registered online, but some officers may ask you for a physical copy of the permit; that is why it’s important to keep the copy on your person while traveling.

What Countries Issue Visa on Arrival to Peruvian Passport Holders?

If you are a Peruvian citizen, you can get a visa on arrival for the 36 countries listed below:

  • Armenia
  • Bahrain
  • Bangladesh
  • Burundi
  • Cambodia
  • Cabo Verde
  • Comoros
  • Guinea-Bissau
  • Iran
  • Jordan
  • Laos
  • Lebanon
  • Macau
  • Madagascar
  • Malawi
  • Maldives
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mozambique
  • Nepal
  • Nicaragua
  • Palau
  • Papua New Guinea
  • Rwanda
  • Samoa
  • Senegal
  • Seychelles
  • Somalia
  • Saint Lucia
  • Tanzania
  • Timor-Leste
  • Togo
  • Tuvalu
  • Zambia
  • Zimbabwe

You receive a visa on arrival (VOA) after entering the country that issues such a visa. Usually, there is a separate section at the airport where you can submit your application for your visa on arrival.

Countries With Visa Requirements for Peruvian Citizens

You need a valid visa to enter the following 66 countries with a Peruvian passport:

  • Afghanistan
  • Algeria
  • American Samoa
  • Angola
  • Anguilla
  • Australia
  • Bhutan
  • British Virgin Islands
  • Burkina Faso
  • Cameroon
  • Canada
  • Central African Republic
  • Chad
  • China
  • Democratic Republic of the Congo
  • Republic of the Congo
  • Ivory Coast
  • Cuba
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Falkland Islands
  • French Polynesia
  • French West Indies
  • Ghana
  • Gibraltar
  • Grenada
  • Guam
  • Iraq
  • Ireland
  • Japan
  • Kazakhstan
  • Kiribati
  • Kosovo
  • Liberia
  • Libya
  • Mali
  • Mayotte
  • Mongolia
  • Namibia
  • Nauru
  • New Zealand
  • Niger
  • Nigeria
  • North Korea
  • Northern Mariana Islands
  • Puerto Rico
  • Réunion
  • Saudi Arabia
  • Sierra Leone
  • Solomon Islands
  • South Sudan
  • Saint Helena
  • Saint Martin
  • Sudan
  • Syria
  • Gambia
  • Tonga
  • Tunisia
  • Turkmenistan
  • Turks and Caicos Islands
  • United States Virgin Islands
  • United States
  • Venezuela
  • Yemen
  • Eswatini

The application for a visa goes as follows:

  1. Make an appointment at the visa center in Peru. You must contact a local visa application center in your home country and make an appointment to submit your application. It may take several months to schedule a meeting with the embassy or consulate.
  2. Get your documents ready. To submit a successful application, you have to prepare the required documents for your visa, i.e., passport, application form, health insurance, etc. Some of your documents must be verified with an apostille stamp or certified by a foreign office.
  3. Submit your application. Finally, you can submit your application and attend the visa interview—you may also be required to submit your biometrics. Once you translate your documents as required by the embassy or consulate and verify them with an apostille stamp— if possible, then you can submit your application. From then it will take several weeks until a decision is made regarding your visa application.

Please note that if you have a valid visa that allows you to enter more than one country, you don’t have to apply for a new visa.

What Documents Do Peruvian Citizens Need to Apply for a Visa?

Peruvian citizens that want to visit countries that require them to apply for a visa beforehand need to submit a few documents. Depending on the country you want to visit, document requirements may vary. However, most countries will certainly require the following:

  • Your valid Peruvian passport (plus a photocopy). Some countries require the passport to be valid for more than six months after the day you plan on departing their country.
  • A filled visa application form.
  • Passport pictures that are not older than six months.
  • Travel health insurance that covers your entire period of stay.
  • Proof of paid visa fee.
  • Detailed travel itinerary that shows all the places you want to visit.
  • Letter of invitation (if applicable)
  • Proof of booked return ticket for the flight home.
  • Proof of booked accommodation.
  • Proof that you have sufficient funds to cover your visit
  • Civil status documents (marriage papers, certificates of birth, etc.)
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