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Overview
Paraguay is one of South America’s most underrated yet strategically valuable residency destinations. Nestled between Brazil, Argentina, and Bolivia, this landlocked country of just over 7 million people offers strong legal protections, economic openness, and a low cost of living. As a member of Mercosur, Paraguay provides access to a regional market of over 300 million people.
The country operates on a territorial tax system, meaning foreign-earned income is not subject to local taxation—a major advantage for remote workers, entrepreneurs, and globally mobile individuals. Paraguay’s residency programs are among the most accessible and efficient in Latin America, with straightforward legal procedures and no minimum stay requirements. It also maintains a favorable currency, a business-friendly regulatory climate, and a strong emphasis on agricultural, energy, and logistics sectors.
The country operates on a territorial tax system, meaning foreign-earned income is not subject to local taxation—a major advantage for remote workers, entrepreneurs, and globally mobile individuals. Paraguay’s residency programs are among the most accessible and efficient in Latin America, with straightforward legal procedures and no minimum stay requirements. It also maintains a favorable currency, a business-friendly regulatory climate, and a strong emphasis on agricultural, energy, and logistics sectors.
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