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About Paraguay

With a population of just under seven million and an area of 406,752 kilometers, Paraguay has a stable market economy and a reliable government. The country has the most competitive tax scheme in the region and the most stable currency in South America. GDP growth has averaged 4.5% for the past 10 years, and the investment climate is excellent with high rates of return. Paraguay’s culture is open and inclusive to foreigners.

3 Benefits to Having Permanent Residency in Paraguay

Latin American countries are popularly known for offering paradise to those looking for a change of pace from busier and more expensive countries. Most of these popular areas for expats are in Mexico, Costa Rica, Belize, and Panama. Paraguay is more of a hidden gem, at least for now. The fact that it is a landlocked country has most likely contributed to this, but permanent residency in Paraguay is becoming a more appealing option for expats of late. Here are a few reasons why.