By Enza Petruzziello
Paraguay is one of the happiest country in the world. What is the secret of its success? Serenity, safety, a fast-growing economy, a beneficial taxation and a very high quality of life.
Welcome in Paraguay, the new Eden for all those who are thinking to change their life and to move abroad.
Paraguay is a south American country and in the north it borders Bolivia, in the east it borders Brazil and in the south and in the west it borders Argentine. Paraguay is not bordered by the sea and by the very beautiful waters typical of many other south American States, but on the other hand it has very much to offer you. Paraguayan people are well aware of this: Paraguayan people are known for being a friendly and smiling people and for having a quiet and nice life.
Paraguay, a country in the heart of South America, is the fourth soy exporter in the world and it has a very low cost of living, modern and developing infrastructure and a lean bureaucracy as regards investments and immigration procedure; lastly, Paraguay has a typically sub-tropical climate.
So, no wonder that many people want to move to Paraguay to start their new life again.
British, Germans, Russians, Switzers, Norwegians, Turks, Ukrainians, Australians and even more: New Zealanders, Canadians, Americans, already chose Paraguay as their new home.
In recent years even Italians are considering with an increasing interest this wonderful south American country. Actually, it is almost a return to the past, because in the last century Paraguay was a very important land for Italian immigration and at present there are approximately 100thousand (100.000) Paraguayan people of Italian origin and this number will rise up to 300. thousand, if we consider those people who have al least an Italian great-grandfather.
The current Italian- Paraguayan community has a very good social-economical position and there are many Italian-Paraguayan organizations, especially in Asunción, the capital of Paraguay.
A new Eden for pensioners
If in the past immigration was for many reasons the only choice, today people who decide to move to Paraguay, choose it intentionally and thoughtfully. All thanks to safety and serenity offered by Paraguay which allow you to spend peaceful years, maybe as pensioners, and to live comfortably with your pension check. As a matter of fact, according to a recent classification, Paraguay is one of the cheapest country in the world.
In this country costs are low across the board: rents, foodstuffs and consumer goods. In the capital of Paraguay, Asunción, a single person spends 360 US dollars per month and the rent of an apartment costs about 250 dollars. From food to rent and clothing till transport: costs in Paraguay are usually lower of more than 50%, if compared with the prices in Rome, for example. All this results in an higher quality of life for all people who live in Paraguay and have a not very high Italian pension. People can enjoy mild climate, less crazy ways of life, the best services and needed comforts to make their life pleasant, relaxing and amusing.
Paraguay is a perfect country to invest and start business
Not only over 65: even young people and business men like Paraguay and they choose it to find a job or as a new location for their business. As a matter of fact, low taxation and many incentives made available by Government encourage many investors to start new activities or to relocate the existing ones. Paraguay has the most competitive tax system in the area and in the whole world, it has the most stable currency in South America and it benefits from a market stable economy and from a stable Government. Moreover, Paraguay is also attractive because of its territorial taxation, that is: Paraguayan Government taxes its residents only on their incomes from local sources.
So, if you reside in Paraguay and sell abroad, you do not pay taxes.
Therefore, Paraguay is a great opportunity for all those who still want to pursue an activity thanks also to very important benefits, as a VAT rate of 10%.
And finally a wonderful news: your academic qualifications shall be accepted automatically, without the need of a validation on the ground!
A friendly population, safety and serenity
There are many other advantages, if you want to move to Paraguay: a warm and peaceful atmosphere, a multi-ethnic population, which is able to enrich us constantly.
Paraguay’s nature is wonderful: rivers, lakes, plans and the famous Amazon Forest.
Paraguay’s cities are lively, modern, but they also keep the typical atmosphere of South American cities.
In short: living in Paraguay can really be a unique experience thanks to the charm and warmth of Paraguayan population.
A suggestion: before you decide to move to Paraguay definitively, it is better you arrange an explorative flight and especially you rely on a serious and locally well-established legal company, which can help you in every procedure step to obtain your permanent residence. A legal company also helps you to find an apartment and a job and moreover, it offers you legal assistance, so you are sure not to fall into the wrong hands.
The most accredited legal company is Living in Paraguay, the only European legal company specialized in helping people to move to Paraguay and to invest there.
At this point, you only need some initiative and spirit of adventure, that surely help you to take the right decision!