We advisors of LIP believe that if you want to fully enjoy your permanent residence in Paraguay and your Paraguayan biometric Identity Card, you need to fully understand the country where you will live, work or enjoy your retirement.
Paraguay is an enchanting country for its unspoiled natural beauty.
In addition, Paraguay is a country with an enviable economic stability thanks to its currency, the Guaraní.
It is also expected that in 2023 the Return on Investment (ROI) in Paraguay will be about 20%. Another important data to be reported: inflaction remains very low, despite the war and it is about 5% . These data are provided by Central Bank.
Unfortunately, we know very well that in Europe and in North America inflation is much higher: we are talking about double or more than double.
And if this were not enough, we repeat another time that you have not to pay taxes on your income from other countries. Taxes in Paraguay are very low, you have to pay about 10% and VAT is also 10%.
Other data relating to Paraguay: a life expectancy of more 75 years and a literacy rate of 90%, one of the highest in Latin America.
In addition, please note that Paraguay is in the first 50 countries as regards economic freedom.
At this point we say that the permanent residence in Paraguay is quite easy to obtain. Of course, you have to submit many documents in Paraguay, but this is precisely our job as LIP consultants .
We write about this topic because we noticed that our clients are often impatient and think that the procedure to obtain their permanent residence in Paraguay and their Paraguayan biometric Identity Card takes only a few weeks.
Nothing could be more wrong. A fully legal procedure takes about six months and in this regard we recall to our clients and future clients that Paraguay is currently one of the very few countries in the world releasing a permanent residence permit in just six months.
Another important topic: some of our clients ask us if it is possible to “give tips” to speed up the procedure, but we firmly answer it is not possible.
It is an ethical question, but not only: with our refusal we clear that we do not want to put in any ranger both we LIP consultants and our clients using absolutely non-legal methods.
So, our clients have to respect the established times of the Administrative Offices of Paraguay.
At present, the next political Paraguayan elections in 2023 imply that there may be delays or some weeks with respect to the established times.
Another important topic. Our old clients or also clients of other companies give wrong information, because they do not remember the actual timing of document delivery. They wrongly say that the procedure to obtain permanent residence in Paraguay and Paraguayan biometric Identity Card is simply, fast and everything works out with some tips to the officials who hand you over the many requested documents.
They also say that you can buy cars in cash.
We repeat that this information is not true and they is absolutely without foundation. If you buy car in cash, you can be accused of receiving if you cannot prove where your money come from and if you give tips to officials, you are almost immediately unmasked, because Paraguay is a very small country, scandals are discovered soon and both officials and clients are reported, as well as permanent residence permits and related Identity Cards are immediately cancelled.
We LIP consultants repeat another time that our job is absolutely legal and clear and we strongly condemn all those barely legal methods to obtain the requested documents for permanent residence and Identity Card.
We accept the legal times of Paraguayan bureaucracy with no illegal and dangerous shortcuts.
In addition, all those who give this wrong information telling that they received their permanent residence and their Identity Card in two months, in almost all cases experienced a scam or a fraud by corrupt officials who provided them with the documents, but they would never admit it in front of others.
Another information: all those who moved to Paraguay years ago do not remember that at that time they had not concluded any type of contract. We repeat again that a contract protect both the client and the Company and you cannot ignore this.
In addition the contract offers to the client the support of the company 24/24 for every kind of problem. So it is a guarantee for both parties.
We LIP consultants have heard dozens of stories like this and we are increasingly convinced that the absolute legality is the best is the best solution to obtain positive and lasting results.
A legality that fully fits into the deep knowledge of Paraguay, in its strengths and weaknesses. When our clients understand this, they rely on us gladly, because we know Paraguay very well, and so they can begin their new life in Paraguay in the best way.
For any information and to book your application of permanent residence in Paraguay and of Paraguayan biometric Identity Card, please contact us at info@livinginparaguay.com, and you will be assisted 24/24 also for an individual quote. You can also write us on Whatsapp at: +34 637 38 89 60 and you will receive our support 24/24 h.
