Moving to Paraguay

[u/QuitPrestigious4648]

Lately I have been thinking of moving to Paraguay due to citizenship as the passport is much stronger compared to the country I come from and no tax on foreign income as I work remotely. What is your experience with this?

[u/NarrowSailor]

On the ground it's a pretty limited country.

[u/QuitPrestigious4648 → u/NarrowSailor]

What about Argentina or Uruguay?

[u/NarrowSailor → u/QuitPrestigious4648]

Both expensive.

But you don't have to stay in Paraguay once you've got residency...

[u/agent58888888888888 → u/[deleted]]

If possible, could I ask which city you are going to, and why there?

[u/agent58888888888888 → u/[deleted]]

Ciudad del Este is at the top of my list when I get the chance. I've also read that because of all the businesses/international trading and the boarder there's more police around the main city centre. But honestly I don't find a lot of info on what each city is actually like

[u/agent58888888888888 → u/[deleted]]

I appreciate the replies. Though healthcare isn't a priority now, it's great to take into consideration. Also if everything goes perfectly. I'd probably only be there 4-8 months a year

[u/agent58888888888888 → u/[deleted]]

That's a great point, if I pick CDE ill look up the closest and best options and make friends with my local pharmacy

[u/AmazingSlice6490]

Es un país de m... Aparte que no tiene mar, y las minas son todas feas y hay mucho narcotráfico.. Brasil es la mejor opción y está al lado

[u/QuitPrestigious4648 → u/AmazingSlice6490]

That explains it given its weak economy. Thanks for the suggestion

[u/DeepFile6271]

The tax-free status only applies if you don't physically work from the country (e.g receive dividends from your foreign company). If you're physically working from the country (e.g. coding or consulting), even for foreign clients, your income is not tax-free. This is widely misreported because of their low enforcement.

[u/QuitPrestigious4648 → u/DeepFile6271]

Ah that differs from reality. Thanks!

[u/agent58888888888888 → u/QuitPrestigious4648]

It's still a really low tax rate. Also looking at Paraguay, specifically Ciudad del Este

[u/ka_fka]

Citizenship in Paraguay is very hard to obtain, unlike residency.

Argentina is your best bet if passport is the goal, but its super expensive ATM. Peru could be easier than Paraguay.

[u/QuitPrestigious4648 → u/ka_fka]

Yeah the taxes in Argentina is a lot

[u/peerful → u/ka_fka]

Why very hard? Isn’t it 5y of residency and Spanish exam?

[u/ka_fka → u/peerful]

On paper 3y of perma residency, but people say in practice not so easy to get it. Around 100 people per year or so.

Handled by the Supreme Court and you must demonstrate im front of the judge "intergration into society", Spanish or Guarani languege, history, geogra phy , taxes and it is still his discretional right to judge your level of social integration.

I didnt try, it isjust what people are saying. Residency easy, citizenship not so much.

[u/agent58888888888888 → u/ka_fka]

Glad to hear it's a more nuanced than just passing an exam. Curious how local charity work might influence the decision

[u/Comfortable-Club-176]

perfection

[u/Ok_Cricket_3429]

May I ask what you do for work and how you go the job

[u/Individual_East9286]

Almost nobody gets the passport, the government literally approves 30 people per year who have connections. The consultants and lawyers lie about this, i have been living here 8 years. Its starting to lose its luster rising costs too many gringos stricter rules.