Peruvians Must Pay Taxes on Their Worldwide Income

Updated 17 March 2017

The US isn't the only one that taxes its citizens no matter where they are in the world. Americans can get out of taxes provided that they fulfill some requirements and you can read more about this in the Tax Guide for Overseas Americans. If you need help with your taxes, there are plenty of tax guides out there or alternatively look into hiring an accountant who specialises in expat taxes.

Peruvians and foreign residents also have to declare taxes on money they make in other countries. Whether or not you can avoid paying taxes to Peru depends on your situation. See SUNAT for more info. In addition, having paid taxes to your home country does not exempt these funds from being taxed again.

This is the law, however, what is done in practice is different. I don't know anyone who declares their worldwide income to Peru so that they have double taxation. 

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Naturalised Peruvians on the Rise

More and more people are getting Peruvian citizenship. I remember when I got mine a couple years ago, people questioned me about it. My motivates weren't the best, but some of the people had been in Peru for much longer than I had and swore that they'd never get citizenship, but things changed.

When I was in the naturalisation office I had to deal with people who told me I HAD to change my name, yet a male friend of mine didn't. Actually, no man I know has had to change their name, it seems like only women do. In addition, everyone there was there because they were Peruvians born abroad and were trying to get citizenship. This was back in late 2008. My citizenship was confirmed in early 2009.

Once you become Peruvian, you'll have to assimilate to the Peruvian culture, so if you don't know enough about it, I highly recommend studying up on it.

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