In recent years, many entrepreneurs and Spanish employers have begun to seek alternative tax outside in Spain due to the high tax burdens, and the growing difficulties of doing business in an efficient manner. In this context, Paraguay has become an increasingly attractive destination for those looking to optimise your tax position and take advantage of new investment opportunities.
Tax advantages in Paraguay:
One of the main reasons that many spaniards are opting for Paraguay is its tax regime based on territoriality. In Paraguay, the income generated outside of the country are not subject to tax, which makes it an ideal place for those who have international businesses, work remotely or are nomads digital. This scheme provides a significant relief in comparison with other countries which taxed all income, regardless of its origin.
If you want to know more about how to take advantage of this environment favorable tax, click here for more information on tax residency in Paraguay.
Real Estate opportunities in Paraguay:
The real estate market in Spain may be restrictive, with high entry costs, which limit the opportunities of investment for many people. In Paraguay, the story is different. The grounds are much more accessible and the regulations allow for greater flexibility in real estate development, especially in areas of growth.
For investors looking to expand their portfolio or to take advantage of emerging markets, Paraguay, presents a unique opportunity. In addition, access to financing through local entities, such as the Financial Development Agency (AFD), facilitates the creation of real estate projects without the need to commit large amounts of capital itself.
If you are interested in exploring real estate opportunities in Paraguay, click here to learn more.
Ease of Obtaining the Tax Residency in Paraguay
Unlike other countries where the requirements for obtaining tax residence can be complex and costly, and in Paraguay, the process is more simple. The tax residency can be obtained without the need for large investments and procedures relatively quick.
In addition, the maintenance of the residence is very flexible. With only having a RUC (Single Record of the Taxpayer) is active, you can keep your status prosecutor without the need of spending long periods in the country, which makes it ideal for those who do not want to be subject to geographical restrictions.
If you want to get more details on how to obtain your tax residency in Paraguay, beam click here.
English 
Spanish