Peru

Firme y Feliz por la Unión
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overview

Welcome to Peru

Peru, located in South America, is known for its rich history, stunning landscapes, and vibrant culture. Its economy is driven by mining, agriculture, and tourism, with iconic sites like Machu Picchu attracting visitors from around the world. The country’s diverse geography, from the Amazon rainforest to the Andes mountains, offers a range of experiences, while its cultural heritage, including traditional festivals and cuisine, adds to its appeal for expatriates and travelers seeking adventure and history.

overview

Peru Essentials

National Anthem

Himno Nacional Peru

Independence Day

July 28, 1821

Haiko

Ancient mountains rise / Amazon’s mist gently calls / Pisco fills the glass

Interesting Tradition

Día de los Muertos (Day of the Dead) is celebrated with offerings to deceased loved ones

Weirdest Local Superstition

Believed that wearing yellow underwear on New Year's Eve will bring good luck

Strangest Law Still on the Books

Requires all stores selling alcoholic beverages to keep a bottle of pisco

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Come for the history, stay for the future

Come for the history, stay for the adventure: Peru offers a captivating mix of ancient civilizations and modern possibilities. Life flows between morning treks to Machu Picchu and afternoon meetings in Lima’s bustling business hubs, while evenings uncover the country’s vibrant culinary scene. With growing opportunities in tourism, technology, and sustainable development, Peru is becoming a hotspot for entrepreneurs and digital nomads seeking to experience the richness of its culture while embracing its future potential.

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Vamos

journey to a land where tradition isn't just a memory, but a vibrant part of everyday life. Here, every step leads you deeper into a rich history, where the Andes meet modern energy, and every adventure becomes a discovery of both past and future.

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Bienvenidos a Peru

Known for world-famous Machu Picchu and vibrant Amazon rainforest

Peru isn't just a country—it's a journey through ancient civilizations and natural wonders. Here, time stretches from the Inca Empire to the vibrant present, and even a simple trek in the Andes becomes a step into history and mysticism. This is a land where towering peaks, lush rainforests, and rich traditions weave together to create an unforgettable adventure.

From the ancient citadel of Machu Picchu to the vibrant streets of Cusco, Peru offers a journey of discovery for every traveler. Whether you're drawn to the breathtaking landscapes of the Sacred Valley, the diverse wildlife of the Amazon rainforest, or the mysterious Nazca Lines etched into the desert, you'll find a country rich in history and natural wonders. With its vibrant culture, world-renowned cuisine, and warm hospitality, Peru invites you to uncover the magic of the Andes and create unforgettable memories in the land of the Incas.

Statistics

Savor the Flavor

Eat

Lomo Saltado (stir-fried beef with onions, tomatoes, and fries) - Aji de Gallina (shredded chicken in creamy, spicy sauce)

Drink

Chicha Morada (sweet purple corn drink) - Pisco Sour (cocktail made with Pisco, lemon, egg white, and bitters)

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Tomamos algo?

Beer

Annual consumption (liters per capita)

41.91

Wine

Annual consumption (liters per capita)

2.82

Coffee

Annual consumption (liters per capita)

250.00

Tea

Annual consumption (liters per capita)

0.09

overview

Cultural Tips and Etiquette

#1
Locals are called 'Peruvians' and take great pride in their rich cultural heritage, especially in relation to their Incan roots.
#2
Greeting with a warm handshake is common, and cheek kisses are typical among close friends or family.
#3
Meals are an important social event, often shared with family, and lunch is the main meal of the day.
#4
Peruvians place a high value on respect for elders, often standing or greeting them with titles such as "Don" or "Doña.
#5
Punctuality is valued for business or formal events, but for social gatherings, being a bit late is often acceptable.

overview

Peru Essentials

Representative Novel

The Time of the Hero" by Mario Vargas Llosa

National Animal

Vicuña

National Pasttime

Football

National Souvenir

Alpaca wool products

National Dish

Ceviche

Famous Festival

Inti Raymi

Famous Dance

Huayno

Famous Music

Marinera

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Did You Know?

Home to One of the Seven Wonders: Peru is home to Machu Picchu, the iconic Inca citadel and one of the New Seven Wonders of the World. Its stunning architecture and breathtaking location in the Andes make it a global treasure.

The Potato's Birthplace: Peru is considered the birthplace of the potato. With over 4,000 varieties, the country celebrates this versatile crop as an integral part of its culture and cuisine.

The Rainbow Mountain: Vinicunca, also known as Rainbow Mountain, is a natural wonder in Peru featuring vibrant, multicolored mineral stripes. It's a favorite destination for hikers and nature enthusiasts.

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Peru’s Key Historical Events

c. 1438–1533

April 2014

The Inca Empire, one of the largest and most sophisticated civilizations in pre-Columbian America, emerged under the leadership of Pachacuti. It expanded rapidly, creating an extensive road network and establishing a centralized government.

1532–1533

July 2014

The Spanish, led by Francisco Pizarro, captured the Inca emperor Atahualpa and eventually overthrew the Inca Empire. This marked the beginning of Spanish colonization in Peru.

1821

February 2015

Peru declared its independence from Spanish rule on July 28, 1821, after a long struggle led by figures such as José de la Riva-Agüero and Simón Bolívar, culminating in the Battle of Ayacucho in 1824.

1879–1883

March 2015

Peru was involved in the War of the Pacific against Chile, which also included Bolivia. The war led to significant territorial losses for Peru, including the provinces of Arica and Tacna.

1990s

October 2016

Alberto Fujimori was elected president in 1990 and implemented significant economic reforms, transforming Peru’s economy. However, his presidency was also marked by human rights violations and the rise of authoritarian governance.

MOBILITY

Access Peru Residency Rights on the GlobalPassport™ Platform 

NO. OF Mobility Assets

2
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MOBILITY

Citizenship Pathways and
Residency Requirements

Citizenship by Birth
Yes
Citizenship by DESCENT
Yes
Citizenship by MARRIAGE
2 years
DUAL Citizenship
Yes
RESIDENCY BY Naturalization
2
PASSPORT VALIDITY
10 years, 5 for children

MOBILITY

Passport Power

Visa Free Countries

130

Performance Class

Global Contender

Passport Grade

B+

Rank

58

Score

141.1

This visa grants access to:

• 36% of the world's population 

• 70% of UNESCO sites 

• 40% of global GDP 

• 44% of the world's land area 

MOBILITY

Visa-free access to:

MOBILITY

Number of American Emigrants to Peru by Year 

Year
1990
1995
2000
2005
2010
2015
2020
Peru
6,146
6,151
7,188
8,444
12,739
18,958
41,292

MOBILITY

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Select up to 3 Mobility Assets
Mobility Asset
Approval Time (est.)
Appointment Availability
Term (i.e. duration)
Minimum Investment
Physical Presence Requirement
Cost of Living
English Usage
Quality of Life
Healthcare Ranking
Passport Power
Visa-free Country Access
Number of American Expats
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Rankings

Peru's Global Rankings 

Peru, located in South America, is known for its rich history, stunning landscapes, and vibrant culture. Its economy is driven by mining, agriculture, and tourism, with iconic sites like Machu Picchu attracting visitors from around the world. The country’s diverse geography, from the Amazon rainforest to the Andes mountains, offers a range of experiences, while its cultural heritage, including traditional festivals and cuisine, adds to its appeal for expatriates and travelers seeking adventure and history.

Exceptional performance
Standard performance
Needs Improvement
Rankings are based on 2023-2024 Global Indices and Assessments from recognized international organizations. Updated quarterly to reflect the most recent available data
95
Cost of Living
2024
Highly Affordable
61
Quality of Life
2024
Standard
99
Safety
2024
Medium
68
Happiness
2024
High
86
Tax Burden
2024
Light Load
51
English Proficiency
2023
Moderate Proficiency
88
Rule of Law
2024
Fragile
-
Healthcare System
2024
-
67
Pleasant Climate
2024
Fair

Healthcare

Healthcare Overview

Key Health Indicators

Median Age

73.3

years

Life Expectancy

23.60%

years

Obesity Rate

11.60%

Tobacco Use

2.60%

Sources

Health care Indicators

Health Expenditure

12.0

of GDP

Hospital Beds

1.6

per 1000 people

Doctors

1.65

per 1000 people

Out-of-pocket

24%

of total expenditure

Sources

Healthcare

Did you Know?

Universal Healthcare Coverage

Peru offers universal healthcare coverage through its public health system, providing essential medical services to all citizens and residents, regardless of income. The system is funded by contributions from both employers and the government.

Private Healthcare Sector

Peru has a well-developed private healthcare sector that offers high-quality medical services, including specialized treatments. Private hospitals and clinics are particularly popular among expatriates and those seeking quicker or more personalized care.

Healthcare for Expats

Expatriates living in Peru can access both public and private healthcare services. Many expats choose private health insurance to ensure faster treatment and access to better facilities, especially in major cities like Lima.

Medical Tourism Hub

Peru is becoming an increasingly popular destination for medical tourism, particularly in fields such as cosmetic surgery, dental care, and bariatric surgery. Many international visitors choose Peru for its affordable and high-quality medical procedures.

Pharmaceutical Accessibility

Pharmaceuticals in Peru are widely available, with a range of local and international medications. While many essential drugs are affordable, some imported medications can be costly. However, Peru’s public healthcare system provides access to many essential medicines at lower prices.

Healthcare

United Healthcare Coverage Service Index (2000 - 2021)

The World Health Organization's United Healthcare Coverage Service Index (2000-2021) data describes the coverage of essential health services, defined as the average coverage of essential services based on tracer interventions that include reproductive, maternal, newborn and child health, infectious diseases, non-communicable diseases and service capacity and access, among the general and the most disadvantaged population.
Source:

Healthcare

Peru Healthcare Cost Calculator

This calculator helps you compare healthcare expenditures between different countries based on per capita health spending data. The tool provides a straightforward comparison by allowing you to:
1. Select your current location from the dropdown menu
2. Choose a comparison country to see the difference in healthcare costs

The calculator displays two key metrics:
• Healthcare Expense Difference: The absolute dollar amount difference in per capita healthcare spending between the selected countries
• Percentage Difference: The relative difference expressed as a percentage
Please note that these calculations are based on annual per capita health expenditure data, which includes current prices and purchasing power parities (PPP). The figures represent total healthcare spending, encompassing both public and private healthcare expenses. For the most accurate planning and decision-making, please consult with healthcare providers or insurance companies in your target country for specific coverage options and costs.
Source:

cost of living

Cost of Living Overview

Peru offers a relatively low to moderate cost of living, making it an appealing destination for expatriates, retirees, and digital nomads. Lima, the capital city, is the most expensive area, particularly in upscale neighborhoods like Miraflores and San Isidro. Smaller cities and rural areas offer significantly lower costs while still maintaining a good quality of life.

Cost of Gasoline

$1.41

per liter

Cost of Meal

$4.03

(Inexpensive Restaurant)

Monthly Rent

$441.99

(1 bedroom, City Center)

Monthly Utilities

$46.94

(85m² Apartment)

Domestic Beer

$2.15

(0.5 liter draught)

VAT Rate

30%

cost of living

Peru Cost of Living plus Rent Map

cost of living

Peru Cost of Living Calculator

cost of living

Peru Rent Calculator

Taxation

Taxation Overview

Peru taxes resident individuals based on domicile rather than residence. Domiciled individuals are taxed on worldwide income, while non-domiciled are taxed on Peruvian-source income only.

Tax Residency Requirement

183 days

Worldwide Income Taxation

Yes

Higher Rates for Foreign Assets

No

US Double Taxation Treaty

Yes

Personal Income

Progressive tax rate based on income levels

8%-30%

Personal Capital Gains

Flat rate on investment gains

5.00%

Inheritance

Based on inherited amount and relationship

29.50%

Corporate Income

Standard corporate tax rate applied to business profits

29.50%

Corporate Capital Gains

Tax rate applied to capital gains from corporate investments

0%

Dividends

Withholding tax rate applied to dividend distributions

5.00%

Interest

Withholding rate interest payment to non-residens

4.99%

Royalties

Withholding tax rate for royalty payments

30.00%

Work Assignment

Foreign individuals are deemed domiciled if residing in Peru for more than 183 days within a 12-month period.

Overall Ranking

Global position in PWC’c Ease of Paying Taxes ranking

121

Ease of Paying Taxes Score

Overall score based on multiple factors

65.8

Total Tax and Cotribution Rate

TTCR percentage including all mandatory contributtions

36.8
%

Time to Comply

Annual hours required to comply with tax regulations

260
HOURS

Number of Payments

Total number of tax payments required annually

8

Post-filing Index

Score measuring the ease of processes after filing taxes

19.2
%

taxation

Peru Tax Burden Map

taxation

Peru Income Tax Calculator

This calculator helps you estimate your income tax obligations based on your personal situation and country of residence. The calculation includes essential tax elements specific to each jurisdiction, such as personal allowances, various types of deductions or tax credits, and progressive tax rates where applicable. The estimation considers multiple key inputs that vary by country, including your annual gross income (in USD), marital status when relevant, number of dependent children, as well as additional factors like medical expenses, educational costs, and retirement contributions.

The calculator provides three main results:
• Total Deductions and/or Tax Credits (based on jurisdiction-specific rules)
• Net Taxable Income (income subject to tax)
• Final Income Tax amount
Please note that these calculations are estimates and can vary significantly depending on specific circumstances, additional income sources, special deductions, and changes in tax regulations across different countries. Some jurisdictions may use tox credits instead of deductions, have different qualifying criteria for dependents, or consider various types of expenses differently. For precise tax planning and compliance, please consult with a qualified tax professional familiar with your jurisdiction's tax laws.
Source:

CLIMATE

Climate Type

Diverse, tropical in the east to arid desert along the coast, with cold and temperate conditions in the Andes.

Average Temperature

19°C

Humidity

83

%

Average Annual Precipitation

1,235

mm

Rainless Days per Year

282

Best Time to Travel

May-October

Questions?

Frequently Asked Questions About Gaining Residency or Citizenship in Peru

Find answers to common questions about GlobalPassport™ and our tools guiding you towards residency or citizenship in Peru.

What is the best time to visit Peru?

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Do I need a visa to visit Peru?

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What is the currency of Peru, and is it easy to exchange money?

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What are some traditional Peruvian dishes to try?

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overview

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