As a Paraguayan resident and being regularly in Asuncion, I and my team of Paraguayan lawyers can help you obtain Paraguayan residency in a simple and fast way ( one-time 2-3 day visit to Asuncion). Before you start reading this article I suggest to read what benefits it provides you.
Foreign income is not taxed at all, and local income is taxed at a flat rate of 10%.
No minimum stay
No minimum number of days must be spent annually to maintain residency. In case of temporary residency you must enter territory for 1 day each year. In case of permanent residency you have to enter territory for 1 day every 3 years.
Easy access to citizenship
A permanent resident may apply for a paraguayan passport after 3 years.
Crypto & capital friendly
Paraguay doesn’t tax your crypto gains or capital gains wealth (for companies outside Paraguay).
One of the last remaining sovereign nations is Paraguay. Paraguay never signed CRS (common reporting standard), their banking is opaque.
It is always good to have a plan B in place. Have a second home and have a diversified set-up.
Six simple steps to your self-sovereignty:
Additional support (add-ons)
All add-ons are 100% legal and properly registered with institutions or government.