Peru Country Profile

For more details visit Peru Passport Ranking
  • Passport Grade
  • Passport Ranking
  • Passport Score
  • Visa-free Countries
  • Visa-required Countries
  • Access to the World's GDP
  • Access to the World's Surface Area
  • Access to the World's Population
  • Access to the Unesco Sites
Citizenship and Naturalization
Birthright citizenship (Jus Soli)
  • Birthright citizenship (Jus Soli)
    Unrestricted: Any child born in the country automatically becomes a citizen.
Naturalization - Standard Conditions
  • Minimum residency period
    2 years
  • Physical presence requirement
    At least 6 months a year
  • Language test
    Yes, Spanish
  • Need to renounce original citizenship?
  • Can minor children naturalize?
    No, a child must turn 18 to naturalize
  • Can naturalized parents pass citizenship to a child born abroad?
  • Can you lose naturalization due to prolonged absence/ naturalization elsewhere?
    No / No
Naturalization - Your Spouse is a Citizen
  • Living IN the country: Residency/marriage requirement
    2 years / 2 years
    Must be both married and reside in the country for 2 years. (The timeline doesn’t go down, but instead of discretion, citizenship becomes an entitlement.)
  • Living ABROAD: Marriage requirement
    Not allowed
  • Language test
  • Need to renounce original citizenship?
Naturalization - Other Beneficial Provisions
  • Your child is a citizen
    No provisions
  • Citizens of specific countries
    No provisions
"–": The provision has not been analysed.
For more details visit Cost of Living
  • Taxation Type
A tax resident of a country with a RESIDENCE-BASED tax system pays taxes on their WORLDWIDE income. However, if you lose tax residency status there (e.g., by moving out), the country will generally stop taxing you.
Schiff Sovereign's Take on Peru
Like many other countries in South America, Peru has had to overcome some serious social issues, guerrilla wars and periods marred by violence. And similarly to Colombia and Chile, it has made a remarkable recovery in the 21st century.

That is not to say that the situation is perfect right now. Many serious issues still remain.

But overall, you can enjoy a great lifestyle there on the cheap. Some of our subscribers live there and are happy. (Review this case study of an Australian business woman raising her son on the Peruvian coast.)

The country makes it fairly easy to gain residency. It is also a remarkable country to consider if you’re in the market for a second passport, as you become eligible to apply for naturalization after only two years of residency. 

And there are many reasons to consider Peru – it is home to stretches of stunning coastline, beautiful mountains, and a rich culture.

Peru was home to the very advanced Inca civilization (Machu Picchu is one of the Incas’ most remarkable sites). Cusco city in Peru also served as the political and religious capital of the vast empire of the Incas of South America. 

Then there’s the food. Peruvian cuisine is world-renowned, and Lima is known as one of the great food capitals of South America.

There are downsides, too. 

The country is still very poor. And Lima is an enormous metropolis that gets chaotic very quickly. Furthermore, its infrastructure is way behind where it should be, and its high levels of air pollution undermines the city’s quality of life.

At the same time, Lima has some very lovely areas. We recommend you check out the Barranca neighborhood. It is right next to the very touristy Miraflores, but it’s more cozy and picturesque.

And if you have a family, the education quality isn’t great. Private schools (or homeschooling) will likely be your only viable options.

Peru is probably 20 years behind Chile in its development, which is a good thing in terms of opportunity.

In fact, our founder Simon considered making some serious investments in Peru. He decided against it – the risks were still too high, given his particular goals at the time. The institutions aren't there, and the infrastructure isn’t there yet, either.

But if you take a long-term view, Peru might still make sense.
Schiff Sovereign's Rolodex
Service Providers available in Peru
  • Immigration (residency, citizenship)
  • Tax advice (attorneys and/or accountants)
  • Corporate services (company formation, etc.)
  • Banking contact
Obtain access to our Rolodex by signing up for Sovereign Confidential Join Sovereign Confidential Today

Sovereign Global Explorer

Benefiting from over a decade of our team’s boots-on-the-ground experience, Global Explorer is where your international journey begins.
Peru Overview
  • Region
    North and South America
  • Capital City
  • Largest City
  • Currency
    Peruvian sol
  • Languages
    Spanish, Quechua, Aymara
  • Population
    33.4 million (42nd)
  • Life Expectancy
    68.9 years (180th)
  • GDP (Nominal)
    $239.3 billion (52nd)
  • GDP/Capita
    $7,166 (101st)
Useful Data
For more details visit Cost of Living
  • Cost of Living
    Very cheap (2/7)
  • Climate
    Very comfortable (1/5)
  • Safety
    Dangerous (5/7)
  • Pollution
    Very polluted (5/5)
  • English Proficiency
    Low (4/5)

Sovereign Global Explorer

Benefiting from over a decade of our team’s boots-on-the-ground experience, Global Explorer is where your international journey begins.

Ready to fire-proof your future? Learn how here...

Subscribe to our FREE Sovereign Letters series below. Packed with powerful, immediately actionable Plan B strategies, signing up for this newsletter is one of THE best steps you can take, right now, to safeguard your freedom and maximize your sovereignty.


Found a mistake or have a suggestion with Peru Country Profile? Let us know by filling out the form below.