Paraguay facts

Why choose Paraguay for residency or business?

Paraguay produces the highest per capita surplus of electricity worldwide.

With 10.4% growth, Paraguay was the second fastest growing economy worldwide in 2010 and in 2012 is rated as a stable economy.

Paraguay has minimal dependence on the USA and Europe for exports and buys less than 23% of its goods from North America.

Paraguay has the 4th best business environment in Latin America.

Ranks 77 in the world in terms of economic freedom, and 5th in South America. Paraguay has the second lowest public debt of any Latin American country (24% of GDP in 2009).

Exports: Ranks 4th in the world for soya bean and Yerba Mate exports; 5th position for charcoal exports; 7th for soya bean oil exports and 8th for frozen meat exports.

Taxation / Tax Planning / Asset Protection

Paraguay has one of the lowest taxation rates worldwide; 10% for corporations and 10% for individuals.

Paraguay has the lowest tax burden in South America. Paraguay offers tax benefits under law number 60/90 and Maquila Regime for International Investment. It is located in the heart of MERCOSUR, the richest economic block of South America.

Peaceful Paraguay

Another very good reason to pick Paraguay for residency, even if you choose to reside here only part of the year, is that Paraguay is a very peaceful country. You will not encounter violent demonstrations; security forces and the Government does not overreact to situations.

Goodbye earthquakes, hurricanes, tornados or tsunamis. Welcome to Paraguay where there are no natural disasters like these.

Paraguay sits on the largest aquifer and fresh drinking water can be found practically everywhere. The good climate leads to great agricultural productivity and green food is more common than almost anywhere.

If Asuncion is a capital city with one of the lowest costs of living in the world, imagine the rest of the country. The nightlife in Paraguay is excellent, but comes at a higher cost, although less than in most capital cities.

One refreshing fact that greets many residency applicants is that people are left alone in Paraguay. The Government simply does not meddle in Paraguayans daily affairs, as has become so common in other countries.

Besides all this, although being reserved, it is a fact that Paraguayans are very friendly people and striking up a conversation is simple.

FINESTRA Law Company - Abogado Jerónimo Finestra - Mariscal Estigarribia casi Paí Pérez - Asuncion - Paraguay
jeronimo@finestragroup.com +595 981 259 192 (cell phone)