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.