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WHAT PARAGUAY DOES FOR DIGITAL NOMADS 

13/12/2022 By admin

Paraguay is the only South American country that holds in very high regard all the digital nomads in the world, who, by the way, are increasing more and more.   

Today all those who work online anywhere in the world can not only apply for residence, WITH NO NEED TO DEPOSIT $ 5000 AT THE CENTRAL BANK, as required by previous legislation, but they can  apply for residence, declaring they are digital nomads and also declaring they can earn their living in Paraguay. 

Paraguay again shows with facts and not with word to be an absolutely liberal country, that supports in every way  freedom and the initiative of the individual.  

As a matter of fact, as you already know and as the last election in Brasil showed, in all South American countries there are left-wing governments or even far-left governments and Paraguay is the only example of a 360 degree economic liberalism. 

Another fact that should not be underestimated: this situation in Paraguay is permanent, because in Paraguay there are not left-wing Parties that can reverse it. Marx and Lenin were not accepted in Paraguay, that proudly defends its liberal economy in South America.  

Therefore, the new Immigration Law of October 18th 2022  is a real and unique opportunity for all digital nomads, especially for European and North American recent graduates, who can benefit from new and profitable opportunities, working online in Paraguay. 

The digital nomads coming from Europe, United States and Canada can apply for residence and Paraguayan biometric Identity Card to be able to live and work freely in Paraguay, making use of the skills obtained with their qualifications.  

We repeat again that with  Paraguayan biometric Identity Card you can freely travel all over South America, without the need for a passport and this is really a great opportunity for all digital nomads, who in this way will also be able to make labour relations in other South American countries.  

Needless to say that for young graduates, as well as for many other people, the fact of no longer being obliged to pay $ 5000 deposit to obtain residence helps a lot and precisely for this reason digital nomads who apply for residence and Paraguayan biometric Identity Card have increased very much. 

All those who have just graduated and are about to start their own business, can seize this great opportunity, no longer having to pay the $ 5000 deposit. 

We are talking about young graduates working remotely, but it is absolutely understood that this opportunity applies to all workers of any age, who work in all sectors of industry, economy, finance etc.

Paraguayan Government welcomes all those who want to work and make use of their skills in Paraguay.  . 

Of course, all digital nomads moving to Paraguay and applying for residence have a contract concluded abroad, but if they work in Paraguay THEY DO NOT HAVE TO PAY ANY INCOME TAX FOR THE INCOME COMING FROM THEIR WORK.  

As a matter of fact, Paraguay is the only country that applies A TERRITORIAL TAXATION,  therefore it does not tax employment incomes coming from abroad. 

Europe and North America  have been suffering for years a very strong tax burden and Paraguay really offers a solution to this serious problem to all those who desire it. 

So finally: Paraguay with the new Immigration Law of October 18th 2022 that no longer requires to pay $ 5000 deposit, wants to encourage all digital nomads coming from Europe, North America, South Korea, Japan, Turkey and South Africa, as well as from Australia and New Zealand. 

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, 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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