PARAGUAY RESIDENCY
NOVEMBER 2024 SPECIALS
The easiest and fastest way to obtain a second residency in Latin America is here, and you can now work with our team in Paraguay to get this done ASAP.
WHY PARAGUAY?
Over the past 3-years, I studied several countries and their residency options. Out of all the countries I considered, Paraguay was one of the countries that reached the top of the list, and here's why:
Paraguay offers one of the easiest and fastest residence programs in the world in 2024, making it very appealing to the average person who seeks a plan B in a different region on this beautiful planet.
Unlike other regions that embody xenophobia and racism, Paraguay is a very open-minded country.
In just 3 short years of residency - you can apply for Paraguayan citizenship. Foreigners are also permitted to own property in Paraguay. Likewise, full company ownership (100%) is allowed, making it a liberal place for people who want to establish themselves in Latin America.
To your success,
Gerald Summer
PARAGUAY INCENTIVES
Territorial Tax System
Under its territorial tax system, Paraguay does not tax its residents on overseas income. E.g., You used your Irish company to pay yourself a $200,000 salary in 2023. With Paraguayan tax residency, you would not pay taxes on your salary.
Income generated abroad is not taxed in Paraguay. This is a distinct advantage that not too many countries on this planet offer at the moment.
Liberalism
Paraguay is an immigrant country with a proven track record of liberalism. As a resident of Paraguay, you enjoy full reciprocity in terms of civil and property rights, meaning you're treated equal with citizens.
Liberalism is the cornerstone of immigrants whose goal is to establish themselves in a foreign country.
Property Ownership
In Paraguay, foreigners can own 100% of the land their home is built on and 100% of their residential properties.
So you are in a much better position buying property in Paraguay than if you were to buy property in Thailand or the Philippines.
Passport Strength
A Paraguay passport gets you access to over 142 countries and territories. While a Paraguay passport isn't as strong as an EU passport, it still gets you access to more countries than most other passports in the world.
3-years of residency is enough to apply for Paraguayan citizenship. Some countries require 5-10 years of residency before you can apply for citizenship. The shortened path to citizenship is yet another big advantage that speaks for Paraguayan residency.
100% Company Ownership
As a foreigner, you can own 100% of a company in Paraguay. This means that you don't need a local partner to start a company in Paraguay. Each company needs one resident director, which will be you, but you are not required to have a Paraguayan partner.
Whether you want to open an ice cream shop or a marketing agency, you can do that without a Paraguayan director. This provides peace of mind, knowing that you can and will be in charge of your own company.
SEE WHAT OTHERS ARE SAYING ABOUT US!
Typically, I don't write reviews unless the quality of an item, service, or experience was truly exceptional. Nomad Elite provided just that, an exceptional service and an enjoyable experience far beyond what I expected!
After doing a great deal of research on my own regarding Paraguay, I began speaking with several agencies claiming to specialize in residency and relocation assistance. One consistent theme appeared to be a lack of informational depth and high fees that covered very little aside from the service.
As I sat, skeptical of the options available to me, I came across Nomad Elite and figured that one more option wouldn't hurt. Far from it!
In my initial consultation with Gerald, not only was he full of passion for his business, but he also proved extremely knowledgeable and gave insight that only someone with lived experience in the country could give. More importantly, his relatability, compassion, and genuine nature made him stand out among the crowd as human.
Thomas T. - United States
I decided to work with Gerald and the Nomad Elite team to help me obtain a permanent residency in Paraguay in 2024.
I came to this decision after weeks of in-depth research of service options and after speaking with three well established service companies that were based in Paraguay.
I am 100% certain that I made the right choice with Nomad Elite. The team provided a concierge service that was professional, welcoming, and very organized from the time of my arrival to the time of my departure.
They were very thorough in reviewing my required documentation, speaking with migration officials on my behalf, and managing the entire residency process from start to finish.
It has been a tremendous pleasure working with Gerald and the team!
They offer the best high-value service in the market, and I highly recommend Nomad Elite to those seeking a reliable option for full-service permanent residency in Latin America.
Eric C. - United States
100% recommend Gerald Summer and the team at Nomad Elite to help you with your specific relocation needs. Whether that's a Plan B to circumvent uncertainty in today's collapsing western world to tax optimisation strategies and living life as a digital nomad with greater levels of freedom and happiness. The key takeaways for me are transparency, quality and excellent value for money with a team that lives with real world boots on the ground experience that has proven invaluable. VIP service with a dedicated client manager who accompanies you to all your appointments and keeps the entire process seamless and the wheels in motion. They even arrange pickup and drop off transportation to and from the airport.... The professionalism, speed, attention to detail, and clear communication throughout the process were truly first rate. Thank you Gerald and the entire Nomad Elite team for your continued support and guidance!
RC - Australia
Working with the Nomad Elite team was a pleasure, and I'm genuinely impressed by their depth of knowledge and professionalism. Their process is not only seamless but also incredibly efficient.
One aspect that stood out to me was the transparency demonstrated by Gerald, the owner. His extensive experience living overseas lends invaluable insights to every aspect of relocation. Unlike other services, Gerald's firsthand knowledge ensures that the advice provided is rooted in real-life experiences.
I wholeheartedly recommend Nomad Elite's services if you're seeking honesty and guidance tailored to your specific needs. With them, you won't find pushy sales tactics or generic solutions—just genuine expertise and personalized support.
David F Lambert - Canada
Step 1
Before your trip to paraguay
Step 2
your trip to paraguay
Please allow at least 7 business days for your first trip. We recommend 10 business days. Although it’s possible to complete everything in under 7 business days, we always want to expect the worst-case scenario.
step 3
Approval
We will inform you once your application has been approved so that you can collect the following:
YELLOW BELT
PLAN B
$2,550
or 2 Installments
BLUE BELT
RELOCATEE
$2,950
or 2 Installments
(Tax Number)
($1,500 Value)
BLACK BELT
NOMAD ELITE
$9,950
or 3 Installments
Frequently asked questions
What's the processing time?
Once your application has been submitted to the relevant government department, it usually takes 90 days for your application to get approved. In some cases, it could take slightly longer.
Are there any additional costs?
The above fees for the Bear Bone and Relocatee packages are for one applicant only. They don’t include citizenship and company incorporation services.
*Cedula application is included in our Relocatee and Nomad Elite packages. You may apply for your Cedula upon approval of Paraguay residency.
How soon can I apply for citizenship?
Once you've legally resided in the country for at least 3-years (183+ days per year), you can apply for citizenship.
How do I qualify for Paraguayan tax residency?
To make Paraguay your tax residency, you have to spend at least 120 days per year in the country.
Do you offer discounts for families?
Yes, we do apply a discount for families. Please note that all applicants need to submit their applications.
*Asuncion Tour & School Enrollment
When purchasing the Reloatee package, you'll receive an Asuncion Tour around the city with a tour guide who will explain everything.
When purchasing our Relocatee package, we'll help you find a suitable school for your child or children. School fees are not included.
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