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INVESTING IN PARAGUAY IS CONVENIENT: THE BUSINESS FORUM FOR ENTREPRENEURS IS STARTING

08/07/2019 By admin

Taxes, joys (few), pain (so much) for Italian entrepreneurs. No wonder that more and more Italian businessmen are looking for new areas to start their business and even relocate them. Among emerging and fiscally advantageous countries, there is Paraguay, precisely because of its tax system, that is the most competitive of South America and maybe of the whole world.

The Paraguayan currency is stable with an inflation rate of 5%.

The market economy is sound and its growth is approximately 5% per year.

In short, you understand why this little State in the hearth of South America in the near future is intended to be the booster of the area.  The credit also goes to its flourishing democratic Government and  its excellent security. Paraguay is a young country and 70% of its people are under 35: there are many reasons why is worth investing in Paraguay and there are also many sectors to keep an eye on.

Precisely for these potentials and because many of our compatriots are interested in investing in Paraguay, the Italian Embassy in Paraguay and ICE (an Agency that collaborates with the Italian- Paraguayan Chamber of Commerce and the Italian-Latin American Institute) organized a Business Forum for those Italian Companies interested in discovering the business and investment opportunities in Paraguay.

The event took place on 21 and 22 May 2019 in the cities of Asunción and Ciudad del Este.

During this Forum, the highest authorities of the country and the heads of mayor trade associations submitted to Italian entrepreneurial delegation the specific features of Paraguayan economy and its governmental programmes and incentives, that made Paraguay the country with the highest rates of growth of south American region.

Furthermore, its location at the centre of the South American land, puts Paraguay in a strategic position as regards the production of goods intended for large markets of the region.

There were  presentation from the ministers of economic area, thematic groups and B2B sessions.

Sectors identified as prioritised were: infrastructure, agro-industry, construction, technology and innovation, logistics and electricity.

In short, it was a big date for all Italian entrepreneurs who are going to invest abroad and are especially interested in this little but promising south American State.

Filed Under: Paraguay

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LivinginParaguay.com is the only European company specializing in immigration in Paraguay - with a customized, 24/7 service for clients with passport of EU, the UK, Switzerland, Norway, Russia, Turkey, Island, Ukraine, Australia, New Zealand, Canada, Taiwan and the US

The Director of LivinginParaguay.com is Andrea Carlo, who brings more than 20 years of experience in secondary legal permanent residence in Paraguay and Latin America. Andrea has worked for many multinational companies in the past across the Middle East, Europe and Latin America. His passion is to help people obtain a secure track for themselves and their families, and have a Plan B residency option that they can use at any time.

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About Paraguay

Permanent residence and an ID card in Paraguay are typically granted within six months and are valid for 10 years, with the ability to live and work in all Mercosur countries and travel in Latin America without a passport. Full citizenship and passports are granted after three years for those that want to stay and live in Paraguay.

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