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PARAGUAY: A NEW SWITZERLAND IN SOUTH AMERICA

07/02/2023 By admin

Last political news: with the election in Brasil of President Lula, the South American continent became a land entirely governed by the left. But is this true? No, socialist Governments have never taken root in Paraguay, that mantained an absolutely liberal Government, asserting itself really like “The Switzerland of South America”. And this liberal Government will be maintained even after the next elections 

Here is in short the economy of Paraguay: we are talking about a liberal country, a country with a market economy, a country where banks can boast an enviable solidity, a country where there has not been the devaluation of the national currency, the Guaraní, since independence from Spain.

The economy of Paraguay has proved to be excellent also in 2022 : the macroeconomy reached and confirmed excellent data: inflation less than 5%, there is practically no unemployment, that is around 4% and it means that Paraguay is in  full employment. Another  absolutely relevant data is that the Paraguayan debt to other States is only 35% of the Gross Domestic Product, therefore it is  basically irrelevant. 

Thus, the country does not have to settle scores with anyone, and it has only the task of making its land flourish and prosperous, opening the doors to all foreigners, above all Europeans, North Americans, South Koreans, and Japaneses, who decide to move, live and work  in Paraguay or enjoy their tax-free pensions, because they understood the importance and the advantage to reside  in Paraguay.

Precisely for this reason, the lifestyle and the real advantages that Paraguay offers its new residents attract more and more people.  

We  LIP advisors can confirm it without a doubt, because we are operators of a consulting company and we start and complete all the necessary procedures to obtain the residence in Paraguay and the Paraguayan biometric Identity Card.  

As a matter of fact, we found that only in the last two months the applications for residence in Paraguay increased by 120% and we are working hard to support all our new clients and keep supporting our old clients, if they need further information on Paraguay or other type of information (real estate investments and so on…). 

For any information and to book your application of residence in Paraguay and 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. 

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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