Where Even Is Paraguay - and Why Should You Care?
Continuing my series on Latin American countries great for life and business. Last time it was Argentina (you know where to find it), and now - a country you probably never thought about: Paraguay.
Think of it like throwing a dart at the center of South America. If you hit Bolivia, you missed. The wiser among you will have a slight tremble and land the dart just south - in Paraguay.
Paraguay Offers the Most Business-Friendly Tax System in the Region
💰 The lowest personal and business tax burden in LATAM. 0% on foreign income. 10% VAT, 10% income tax. Unlike Caribbean tax residency - which screams “offshore” to regulators - Paraguay still flies under the radar. No red flags.
Strategic Location and Untapped Business Niches
💵 A special economic zone, and land borders with Brazil and Argentina. You’d be shocked how many markets in LATAM are still wide open - and Paraguay is a great entry point to the continent.
Citizenship and Visa-Free EU Access Through Investment
🪪 Bonus: an easy path to citizenship via investment - with visa-free access to the Schengen zone.
Peace, Year-Round Sun, and Quiet Hipster Living
🏡 Paraguay is a slow, calm, remote country - which in 2024 is a feature, not a bug. If another global crisis hits, it’ll take a week for the news to even reach here. You can rent a spacious new apartment with a pool and security for $400/month and wait out the apocalypse in peace. Great weather year-round. Local grocery delivery works flawlessly. Paradise for introverted digital hipsters.
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