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PARAGUAY: A NEW COUNTRY THAT WILL SURPRISE YOU!!

05/08/2019 By admin

“In Paraguay the Italian entrepreneurs are among the best investors in real estate, in tourism and in services”, tell us Victor Lorente? CEO of the company Living in Paraguay , specialized in legal advice for moves and investments in Paraguay.

A rapidly growing economy and a country, Paraguay, that is still little known.

Paraguay impresses with its warm and mild climate all year round and for the hospitality of its people. It is even easy to reach it from Europe (there is a daily flight from Madrid, Spain).

But, as Victor Lorente confirms, there are also other reasons.

“Why should you invest in Paraguay? Simply because people residing in Paraguay, either natural or legal persons, benefit from the territorial taxation, that is they pay absolutely nothing on their activity outside the country and for their internal activities the taxation is very low if we compare it with the European or North American average tax burden”.

Paraguay is at the top in the world as regards the indicator of economic freedom and as Bernasconi points out: “Its currency is stable and secure, just like economy that is prosperous and reliable. Moreover, the permanent residence and the Paraguayan Identity Card allow to travel freely to Argentine, Brazil, Uruguay and to other Mercosur countries without any passport”. And all these aspects are very interesting for a future entrepreneur.

According to a statistic of  the Register of Italians living abroad in 2016, our compatriots living in Paraguay are about 10.000, a data also confirmed by Lorente, who adds: “a very high rate of growth in the last months, due to financial stability of the country and to the very low debt on Gross Domestic Product (27%).”

Filed Under: Paraguay

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About Us

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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Paraguay

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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