Bolivia EOR & PEO
Hire in Bolivia without a local entity today
As a Global EOR & PEO service provider, we pride ourselves on our global reach, in-country knowledge, and ability to swiftly and efficiently mobilize workers around the world. Our robust EOR/PEO covers everything from global HR, payroll, compliance, in-country support, immigration, visas, and more.
Get started and hire in Bolivia today with Gibson Watts Global.
DID YOU KNOW
- Bolivia is home to the highest capital city in the world—La Paz—sitting at over 3,600 meters above sea level.
- It also boasts the Salar de Uyuni, the world’s largest salt flat, which is so reflective it’s often called the “mirror of the sky.”
- Despite being landlocked, Bolivia has a navy, which operates on Lake Titicaca and in rivers throughout the country.
Forget software,
this is expansion
with a human touch
Bolivia EOR Services
Expand Seamlessly into South America’s Emerging Economies
Working in Bolivia
Financial Year Dates
The Bolivian financial year follows the calendar year: 1st January to 31st December.
Minimum Wage
As of 2025, Bolivia’s national minimum wage is BOB 2,500 per month. This figure is adjusted periodically by the government in consultation with labor unions.
Standard working hours
The standard workweek in Bolivia is 48 hours, typically distributed as 8 hours per day over six days. The working week generally runs Monday through Saturday, though some sectors follow a five-day schedule.
Overtime
Employees working beyond standard hours are entitled to overtime pay. Overtime is typically compensated at 200% of the regular hourly wage. Work performed on Sundays or public holidays may also be subject to enhanced compensation.
Holiday Allowance
Employees are entitled to 15 days of paid annual leave after completing one year of continuous service. After five years, this increases to 20 days. Employers are obligated to honor this leave as mandated by Bolivian labor law.
Sick Leave
Employees are entitled to sick leave with medical certification. The first five days are paid by the employer; from the sixth day onward, the Bolivian National Health Insurance (Caja Nacional de Salud) covers the benefit, provided the employee is enrolled.
Maternity & Paternity Leave
Maternity Leave: Female employees are entitled to 90 days of paid maternity leave—45 days before and 45 days after childbirth. This leave is paid at 100% of the employee’s salary, funded by the Bolivian social security system.
Paternity Leave: Fathers are entitled to 3 days of paid paternity leave.
Public Holiday
Bolivia celebrates a variety of national holidays, including:
- New Year’s Day
- Plurinational State Day
- Feast of the Virgin of Candelaria
- Carnival
- Easter
- Labour Day
- Andean New Year
- Agrarian Reform Day
- Independence Day
- All Saints’ Day
- All Souls’ Day
- Christmas Day
Social Contributions
Employers:
- Pension Fund: 10%
- Occupational Risk Insurance: 1.71%–4.14% (depending on the risk classification)
- National Solidarity Contribution: 3%
- Health Insurance: 10%
Employees:
- Pension Contribution: 12.71%
- Solidarity Fund Contribution: 1%
- Health Insurance: Covered by employer
Income Tax
Bolivia imposes a flat personal income tax rate known as the RC-IVA (Régimen Complementario al Impuesto al Valor Agregado), which is 13% of the employee’s net salary. This tax is deducted at the source by the employer.
- Residents: Taxed on worldwide income
- Non-residents: Taxed only on Bolivian-sourced income
Health Care
Bolivia offers universal healthcare through the Sistema Único de Salud (SUS), introduced in 2019. It provides free medical care to all citizens and residents at public hospitals and clinics. Employers are obligated to register employees with the Caja Nacional de Salud, which offers more extensive healthcare services.
Private healthcare is also widely available, especially in major cities such as La Paz, Cochabamba, and Santa Cruz. Many international employers offer private insurance as part of their employee benefits to ensure access to premium services and faster care.
Visas
Work Visa:
Foreign employees must obtain a Specific Purpose Visa (Visa de Objeto Determinado) before entering Bolivia, valid for 30 days. This can be extended and converted into a Temporary Work Visa once inside the country.
Temporary Residence:
Issued for 1 or 2 years and required for foreign nationals working in Bolivia long-term. Requires proof of employment, criminal background checks, and other documentation.
Permanent Residence:
Available after two years of continuous residency.
Family Reunification Visa:
Foreign workers may apply for dependent visas for immediate family members under family reunification provisions.
13th salary
Yes, Bolivia mandates a 13th salary, known as the “Aguinaldo,” to be paid by December 20th of each year. In years where GDP growth exceeds 4.5%, a 14th salary may also be required, depending on government announcements.
Cultural Information
Bolivia is rich in cultural diversity, with over 30 indigenous groups and a strong emphasis on traditional customs, festivals, and dress.
Its multicultural identity is reflected in colorful festivals like Carnival de Oruro, declared a Masterpiece of the Oral and Intangible Heritage of Humanity by UNESCO.
Cuisine varies by region but often features ingredients like corn, potatoes, and quinoa. Traditional dishes include salteñas (savory pastries) and pique macho (a spicy meat and vegetable dish).