Other services
Relocation Services
We know firsthand that starting a life in a new country is always challenging, especially if we are beginning to learn the local language and customs. We are the strong and reliable partner our residence clients can always rely on when setting up their life in Paraguay. From the rent to schools, banking, cars, and medical insurance, we are ready to navigate them through any challenges they can face as foreigners.
We also know that many agents do not provide this kind of treatment to their clients’ communities and leave them alone. If you are stuck in the residency process and your agent lets you down or does not support you on your journey to settle your life in Paraguay, we are here. Contact us, and we will start solving your problems today!
Starting a company in Paraguay
For those considering starting a business in Paraguay, we recommend obtaining an RUC number (free for our residency clients) and operating as a sole proprietor. Paraguayan tax laws and accounting structure offer low cost, flexibility, and simplicity, making it an ideal choice for many entrepreneurs.
However, if you have a bigger project in mind, your business is growing, or you want to legally separate yourself from your business activity, starting a Paraguayan company could be the right fit. We can discuss the pros and cons with you, find the best solution, and open the company.
Accounting
Good accountant equals good sleep. We formed a partnership with good accountants, and we can get you a deal that fits your needs, whether for your personal RUC number or your company.
Many foreigners opt to have the RUC number (free for our residency clients) even tho it is not mandatory so they can declare some economic activity within Paraguay’s borders. We advise you to do this as it will support your case when applying for permanent residency or a passport. The tax system in Paraguay is very favorable, and it makes a lot of sense to have the RUC number and collect your expenses, especially if you plan to have the income stream stemming from Paraguay in the future (like rental of investment properties or income from your business).
Bank Accounts
Our residency clients receive full assistance with opening a local bank account, which has become more complicated lately. Because of the influx of foreigners, banks are becoming more strict about the rules. If you need help getting your banking going, contact us. We also ensure you get the most out of your new Paraguayan residency going internationally. We will guide you on where to bank cryptocurrencies, how to open a bank account in Switzerland remotely.
Consultations on Cryptocurrency mining
Read this article if you have yet to hear about the robust crypto-mining industry in Paraguay. If you are considering investing in mining in Paraguay, working with people who know the environment in this business is crucial. We have witnessed confiscated crypto machines, fake contracts with electricity companies, and even scam mining companies taking money from investors and not delivering anything. When this happens, it is usually already too late to help.
To prevent this from happening to you, our knowledge of the local mining market and local business customs is at your disposal. Contact us, and we will organize a meeting in Paraguay or a call over the Internet if you are abroad so we can address all your questions and offer the right solutions for you.
Consultations on Real Estate investment
People returning to Paraguay after 12 months are always amazed at how many new buildings (sometimes even streets) they see. The growth in Asuncion and its suburbs has been robust.
The quality of the developments varies significantly from developer to developer. We have stayed in many buildings, so we know what to look for. We live in the city and know which neighborhoods are up and rising. We are in touch with various developers, and our clients can often get better than the listing prices, free upgrades, and favorable financing conditions.
US LLC
US LLC is a popular and cost-efficient choice for Paraguayan tax residents to serve non-US clients or invoice companies they work for in Europe. This article presents all the benefits. If you decide that US LLC supports your goals, we will gladly refer you to trusted agents in the US and advise you on what you will need in your circumstances. Our experience is that many agents will try to sell you costly extra services you might not necessarily need. Feel free to reach out to us.
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Contact
Address
PY - Dr. Francisco Morra 639, Asuncion 001 411
US - 1309 Coffeen Avenue STE 1200, Sheridan, Wyoming 82801