I'm a software engineer from Hungary, I work remotely for customers from USA. I'm looking for a country with low taxes and living costs, based on the info I've found so far, Paraguay seems attractive. My questions:
1. Is it correct that as a resident there I'd have to pay 10% on my net income (income - expenses) and there are no other taxes, e.g. social security?
2. As a self-employed person would I be able to issue official invoices or I'd have to set up a company for that?
Thanks! ^^