Why Paraguay?
Living Costs in Paraguay
It's not easy to write an article about living costs without knowing the expected lifestyle of the person, but we try to cover multiple variants and choices. Everybody uses numbeo.com as an essential resource for comparing prices. While we can certainly start with...
Arab Sheikh Lifestyle on European Salary
Paraguay offers many different lifestyles for people with different tastes and budgets. One common denominator is that a lifestyle similar to the one you lead in your country can save you a lot of money. This article shows you a few things considered upscale in...
Be Part Of The Economic Boom
Are you exhausted by the EU’s New Green Deal, economic stagnation, strict regulations, and high taxes? You’re not alone. This is why many of us have found a new home in Paraguay, a land of liberty, financial freedom, and a thriving economy that stands in stark...
The Best Kept Secret to Navigate The Storms
Events around the globe are unfolding at a pace we haven’t seen in decades, and more and more of us are realizing the unprecedented uncertainty and risks. COVID and the subsequent inflation are eroding the purchasing power of our pockets. The war in Ukraine has only...
Unlocking Community and Connections: The Hidden Value of Paraguay Residency
Paraguay is known as “Un país de amigos, ” a country of friends. While it is easy to make friends in Paraguay because local people are very friendly, we know firsthand how difficult it can be to start in a new country. You can often feel isolated before you begin to...
How To Save Even More With Paraguayan Credit Cards
People in the United States know the many benefits of a credit card. On the other hand, people in Europe are not used to credit cards. Ultimately, we all know that the interest rate is very high if you don’t pay off the debt within the set timeframe. The banks in...
Electric Dreams: Could Paraguay Become a Crypto Mecca?
For many Bitcoiners and people interested in cryptocurrency, Paraguay has been on the radar in recent years. From our perspective, two major factors drive Paraguay's success as a crypto mining hub. Itaipú Dam Paraguay owns 50% of one of the largest hydroelectric...
How Does the Tax System Work In Paraguay?
Territorial Taxation The main feature of the Paraguayan tax system is territorial taxation. This means that any income from outside Paraguay is tax-free for Paraguayan tax residents and does not have to be reported. For this type of income, we can count profits from...
Why Many Expats in Paraguay Work Through US LLC?
Imagine a scenario where you are a tax resident of Paraguay, but your employer or clients remain in Europe. Invoicing them under your name with your Paraguayan RUC number may be inconvenient for them. Dealing with a Paraguayan business entity can be a bureaucratic...
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