Why obtain your Tax Residency in Paraguay?
At Nomad Tax, we help expatriates, entrepreneurs and digital nomads to establish their tax residency in Paraguay legally, quickly and without complications. Paraguay has become one of the most attractive tax destinations in the world thanks to its territorial taxation, flexible residence requirements and low cost of living that make it ideal for those seeking to optimize their taxation and enjoy greater financial freedom.
Ready to change your tax residence?
Benefits of Tax Residency in Paraguay
Do you want to pay 0% taxes legally? Are you a digital nomad looking for freedom and flexibility?
At Nomad Tax, we specialize in helping you establish your tax residency in Paraguay, a country with one of the most attractive tax policies in the world: zero taxes on foreign income, minimum residency requirements and a cost of living so low that it seems like a joke… but it’s not.
Access to Mercosur
Protect your savings in banks in stable jurisdictions, with deposit guarantees up to $200,000, insuring your money against any eventuality.
No CRS
Paraguay is not part of the CRS system, which guarantees greater financial privacy and protects your tax information.
Zero taxes
Paraguay applies a territorial taxation system, which means that your income generated outside the country is not taxed.
Second Passport
Access to permanent residency for 10 years with the possibility of obtaining a second solid passport.
Flexibility
You only need to spend one day a year in Paraguay to keep your tax residency active. Total flexibility for nomads!
Low Cost of Living
From accommodation to services, Paraguay offers an incredibly affordable cost of living, perfect for expatriates and entrepreneurs.
How Does Our Service Work in 4 Simple Steps?
Document preparation
It all starts with an initial consultation to organize the necessary documents. All you need is your valid passport, apostilled birth and criminal record certificate. We take care of arranging the local documents in Paraguay, no hassle for you!
First Trip
During your first day in Paraguay, we personally accompany you to immigration to apply for your temporary residency. This process is fast and efficient, leaving everything ready for the next stage.
Second Trip
Approximately 45 days after your first trip, we return with you to Paraguay to apply for your Paraguayan identity card. After 3 months, you will receive your identity card, at which time we will arrange your tax residency, which you will have ready in less than 2 weeks. You do not need to be physically in Paraguay! We send the documents directly to your home by DHL.
You are already a Resident!
With your tax residency active, you are ready to open bank accounts, create an optimal tax structure and start enjoying 0% taxation on your foreign income.
For Whom is Fiscal Residency in Paraguay Ideal?
Your money deserves more than limits. With strategic and customized solutions, we connect you with trusted international banks to protect, diversify and enhance your wealth, all 100% remotely and efficiently.
Customized Financial Solutions
- Digital Nomads with an Online Job Paraguay offers flexibility with only one day of stay per year, ideal for those who travel constantly and need fiscal stability.
- Entrepreneurs Looking for a Quiet Place to Live With low living costs and a safe environment, Paraguay is perfect for those who want to combine business with quality of life.
- People Seeking Banking Privacy Thanks to the absence of CRS (Common Reporting Standard), Paraguay guarantees greater financial discretion and protection of your assets.
- Those Seeking a Second Passport in the Medium Term With permanent residency, you can access a second Paraguayan passport in approximately three years.
Total Privacy
- Investors Seeking Developing Countries Paraguay is an emerging economy with unique opportunities in sectors such as agribusiness, technology and real estate.
- Those Looking to Bank their Cryptocurrencies With banks accepting cryptocurrency transactions, Paraguay is a paradise for those who want to move their digital assets legally.
- Retirees Looking for an Affordable and Peaceful Destination Paraguay combines an affordable cost of living with a safe and warm environment, perfect for enjoying a relaxed and hassle-free retirement.
- Refugees from Countries at War Paraguay offers a safe, welcoming and stable environment for those seeking a fresh start in a country with real opportunities.
- Contact us at WhatsApp:
+1 505 588 4115
+357 97 759344
Ask for a quote!
Connect with us on WhatsApp and get quick and personalized answers to obtain your residency in Paraguay.
FREQUENTLY ASKED QUESTIONS
Paraguay offers attractive advantages to establish your tax residence, including the possibility to obtain 0% tax and residency in only 2 days per year. With Nomad Tax, starting your tax residency in Paraguay is a quick process that is completed in just 1 day.
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Privacy: Paraguay does not automatically exchange your tax information, as it is not part of the CRS (Common Reporting Standard), providing confidentiality in tax and financial matters.
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Fast Residency: Paraguay offers the fastest tax residency process in the world, allowing you to obtain it without the need to reside in the country.
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Territorial Taxation: Paraguay applies a territorial taxation system, taxing only income generated within the country, which makes it attractive for foreign investors and entrepreneurs.
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Nomad Tax offers you two options:
- Fiscal Residence for time: Spending at least 120 days a year in Paraguay.
- Tax Residency by Substance: Creating economic activity in the country.
We manage the whole process, from temporary residence to obtaining your ID card and RUC.
- The application for temporary residency is completed in approximately 11-12 weeks.
- Obtaining the cédula takes approximately 3-4 weeks.
- The RUC tax document is obtained within 15 days after receiving the cédula.
- Temporary Residence: 2.300€ per person.
- Tax Number RUC: 40€/month.
- Company Registration: 300€ per sole proprietorship.
- Permanent Residence: 2.300€ per person.
