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PARAGUAY AND MERCOSUR: A PACT THAT RADICALLY CHANGED THE SOUTH AMERICAN ECONOMY

28/07/2021 By admin

In Italy, the ambassadors of Paraguay, Brazil, Argentine and Uruguay, the founding countries of Mercosur, have recently signed (exactly on March 26, 2021) a contribution on this issue.  

The ambassadors of the founding countries of Mercosur, and Paraguay is at the forefront, wanted to express hope and unity. This meeting took place in a historical moment where worldwide and within  each country is really important to be joinded, but always respecting the differences. 

Just 30 years ago in Paraguay and exactly in Asunción, the capital, the representatives of these countries realized a dream right here in Paraguay, a country until then always subject to divisions and dictatorships and that within ten years founded its way to democracy. 

What is Mercosur? Simply put, it is an area where there is a free commercial exchange among  Paraguay, Brazi, Uruguay and Argentine. To this day, in addition to free exchange of goods, a deep and cultural union among all the four Member States  was born and took hold. 

Also the spoken languages in these four States (Spanish and Portuguese) have been reiforced and in the schools they are taught simultaneously.  

The democracy granted by Mercosur allowed young people and less young people to move freely within the 4 countries, almost as if they were a one big nation.  

Let’s see a practical example about what Mercosur allowed to realize with FOCEM, that is the Structural Fund of  Mercosur: to date more than a thousand dollars have been spent to build railways, roads, power plants and, in the last year also to fight against Covid 19.

Paraguay, Uruguay, Brazil and Argentine united have a immense territorial extent, since they can almost cover 15 millions square kilometers, and the passport of Mercosur is a great resource for all citizens and for foreign people, who if apply for permanent residence, can receive it.   

For economy, the agreement of Mercosur was essential, because it allowed to increase industrial production at the highest level, permitting to the Union of the 4 countries to become the fifth economy worldwide, due to the commercial exchanges and exports all over the world and also to local products. Thanks to Mercosur, excellent food products of the 4 Member Cuntries  reach the whole world  and come with a high-tech production. 

Therefore,  Paraguay is radically included in Mercosur to offer its citizens and foreigners, who are going to live in Paraguay, better and better opportunities.  

And LIP is at their side to support them in this new adventure.  

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

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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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