How to Move to Paraguay in 2024

How to Move to Paraguay in 2024

Moving to Paraguay to secure tax residency with a path to dual citizenship is one of the most common decisions expats make this year. Paraguay is a small tropical country located in the heart of South America, offering a low cost of living, a territorial tax system, and one of the easiest second residence permits in the world.

0:00 Start
0:05 Intro
0:28 Step 1) Determine Your Eligibility
5:10 Step 2) Make A Final Decision
6:00 Step 3) Plan Your Budget
11:29 Step 4) Prepare Your Documents
12:26 Step 5) Verify Your Documents
13:52 Step 6) Exit Your Current Tax Residency
15:09 Step 7) Apply For Temporary Residency
18:28 Step 8) Apply For Your Cedula
22:18 Step 9) Establish Tax Residency
23:48 Step 10) Build Your Network
25:52 Step 11) Stay Compliant

Nomad Elite is a cutting-edge, high-tech relocation agency based in Texas, United States of America.

Nomad Elite helps middle class expats and nomad obtain second residency and dual citizenship in Latin America and Europe.

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[boricuabro]

So if I understood well, once you become a tax resident instead of reporting once a year you have to do it every month? If yes can you do it remotely on line or you need to see someone once a month like an accountant or something? Plus I heard once you have your tax number worked out, you need a minimum stay in the country. Could you please confirm that? Also, do you need to keep this trend always the same, like the monthly reporting for example or maybe if one day you become a citizen you don't need to? Thank you very much. Wishing you could be unveiling all of these issues that still remain unclear to me. Thank you and best regards. Keep up the good job and your channel. Nice video though! Have a great day!

[degsy]

I was wondering if I take paraguayan residency but I don't stay in the country how do I manage a local legal address and mail?

[liwang]

can you facilitate to get entry permit for Paraguay?

[Supervixi_Vigeo]

Is a tax number required to buy property to live in?

[chrisbunka]

The Koreans would be the ones I am most interested in networking with.