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 contrast to the EU’s challenges.
Paraguay is a land of diverse opportunities, catering to people from all walks of life, from Bitcoiners to retirees, from ambitious individuals seeking wealth creation to families with clear financial goals.
Over the past decade, Paraguay has filled the pages of economic newspapers every year with reports that it achieved the highest economic growth in the region. This year, major rating agencies S&P and Moody increased their rating for Paraguay, quoting economic resilience and strong growth. Flexible labor law, low corporate taxes (10%), low VAT taxes (10%), small government role in the economy, a surplus of renewable energy, fertile land, and promising population projects up to 2050 stir up a nice cocktail for the solid economy in the coming decades.
Let us demonstrate just a few of the many possible ways you can participate in the growing Paraguayan economy.
Have you been thinking about starting a side job or a small business that could eventually grow, but you were turned off by regulations or simply by making only a little profit initially? It’s all about perspective. 100 USD is a little in Europe or the United States, but it could be a lot in the country where you can buy BIO grass-fed 400g Rib-Eye steak for 2.3 USD. Many stories exist of people, including foreigners, starting with an Instagram account, baking cakes, and now owning a Cafeteria. Paraguay is separate from a market like the European Union; therefore, it is not attractive for many multinational corporations to come to a small country. It creates opportunities for smaller local players to catch the market share in Paraguay and even go abroad and compete with more prominent international players (Yes, we know even business stories like that). Paraguay is also home to many aspiring content creators, writers, vloggers, stock/crypto traders, sports bettors, and poker players at the beginning of their journey. What holds most people in Europe back is a high barrier to covering their living costs. Living in the capital city’s suburbs gives you more room to breathe and focus on your passion. We have seen one-bedroom houses being rented out for as little as 85 USD per month just 70km away from Asuncion (which is about 1-2 hours by car, depending on traffic). The internet is included 🙂 Is this possible in Europe? We don’t think so. Contact us with more questions or book an online meeting as the first step to your economic and personal freedom.
You are a seasoned professional with savings, which you want to invest in the future for your pension or your kids and build generational wealth. You have been looking in Europe or the United States, perhaps in the real estate sector, but the high prices and aging population (who will buy from me for a higher price in 20 years?) turned you off. Government bonds worldwide do not cover inflation, and the US stock market, recording one of its best decades, seems overpriced. At least Warren Buffett agrees. The economically healthy and booming Paraguayan real estate sector has much to offer, and now might be the right time to jump in. With the real estate boom in Panama being over due to high prices, Paraguay is following in line, with the construction plans for the tallest building in Latin America being underway. There are many attractive options to finance your property directly with developers; some are even without interest rates. Of course, arranging the purchase by bank transfer, Crypto, or cash is possible. The robust influx of foreigners offers opportunities to rent your property. At the same time, Paraguayan policies favor a landlord (if the tenant does not pay, you can kick him out), unlike in Europe. Demand for AirBnB is also experiencing high growth, especially in European winter, when many digital nomads spend freezing months in Paraguay. The government is very friendly to the Airbnb business, unlike many European countries fighting against progress, robbing both owners and customers of opportunities. Contact us with more questions or book an online meeting as the first step to your economic and personal freedom.
As a Crypto enthusiast, you may have heard about the exceptional 0% tax rate on Crypto profits for Paraguayan tax residents. With very cheap and renewable electricity, Paraguay is rapidly becoming the hub spot for crypto mining and energy-demanding computing (like AI). The most important player in the market now is German-backed Penguin.digital serving customers like Google Cloud, Amazon Web Services, Toshiba, and more with their computing capabilities. Of course, the market has plenty of opportunities, even for smaller investors and crypto enthusiasts who wish to own only one or a few mining machines. We will gladly assist you in finding the right fit for your needs.
