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IS BITCOIN COMING TO PARAGUAY?

01/09/2021 By admin

For those who do not know very much about this matter, this is a short summery about Bitcoin. 

Bitcoin is a virtual currency, which was created in 2009 online by some hackers. This currency is not supported by a Central Bank, as usual, but it is based on a pc network, that manages it. 

Of course a powerful encryption is used to make all the transactions absolutely secure. 

The value of a Bitcoin went from 0 (in 2009) to 40 000 US dollars (July 2021). 

After El Salvador performed the entire procedure to legalize Bitcoins, also other South American  countries have expressed this intention. The countries that intend to do the same are Argentine, Paraguay, Brazil, Panama and Mexico. 

Especially Paraguay committed to bring this proposal to Parliament and to discuss it as soon as possibile.  

Paraguayan Government is perfectly aware that legalizing a cryptocurrency will not be neither simple nor immediate, but it is deciding to do this, because the Government thinks it is very important for a further economic and social development of Paraguay.  

Both in the paraguayan sites and paraguayan social profiles, as well as in the sites and social profiles of many other countries there is the fashion of  the “red laser eyes”. 

It is a new trend: all those who believe that Bitcoin will soon reach 100 000 dollars, post their photo with red laser eyes, to show everyone their belief. 

Of course, also the politicians from various countries do not escape this trend and many of them have their social profile with a pair of red laser eyes. 

Among them  stands the Paraguayan national Member Carlitos Rejala, who left a message saying that it is very important for Paraguay to keep up with technological innovations and among them there is also Bitcoina.  

 Paraguay is a country that is making great strides to offer their people and many other foreigners (especially North American and European), who want to live in Paraguay and obtain their permanent residence to live there, work or enjoy their pension, increasingly innovative and in step with the times  and among these services there is the legalization of Bitcoins. 

LIP is always at the side of its clients who want to live in Paraguay and always support them to obtain their permanent residence, their electronic Identity Card, their Driving Licence their Bank Account and much more. A reliable and safe presence to solve all your problems and doubts related to your move to Paraguay. 

Please, note that Living in Paraguay is the only European certified company specialized in obtaining your permanent residence in Paraguay. It is registered in Estonia, the most digitalized country in Europe and all its contracts are registered and guaranteed by European Union.

With Living in Paraguay you can also sign your contracts and receive advice on line. 

The skilled consultants of Living in Paraguay will accompanying you step by step to help you to do all the paperwork you need to change your residence. Moreover, they will accompanying you during an explorative fly to Paraguay, so that you can see up close in concrete terms how your new life will be. 

Paraguay can really offer you very much: for professionals VAT is at 10% and they can use their qualification with no need of a validation on the spot, while pensioners can enjoy their tax-free pension! 

The natural beauty of this country, the mild climate all year long, the friendliness and the hospitality of Paraguayan people will deeply amaze you and will make you a good impression! 

Filed Under: Paraguay, Sin categoría

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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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