Frequently asked question
Paraguay offers one of the world’s simplest and most affordable residency options, with no
minimum investment requirements, a territorial tax system (0% on foreign income), and
fast-track processing in as little as 2–3 months. It’s a perfect fit for digital nomads,
entrepreneurs, and investors looking for freedom without bureaucracy.
Read More: Paraguay Residency: The Ultimate Freedom Strategy
Compared to Portugal’s Golden Visa or Dubai’s business setup, Paraguay is faster, cheaper,
and less demanding. While Portugal requires €280,000+ investments and Dubai requires
office compliance, Paraguay offers residency for a fraction of the cost and with far fewer
restrictions.
Read more: Why Paraguay Beats Portugal’s Golden Visa
Also see: Paraguay vs Dubai for Digital Nomads
Yes. Paraguay uses a territorial tax system, which means only income generated inside
Paraguay is taxed. Foreign income (including online business, investments, or crypto
trading) is completely tax-free if structured correctly.
Read more: Paraguay Residency for Crypto Investors: Tax-Free Guide
Maintaining residency is simple. You only need to visit Paraguay once every three years,
keep your ID (Cédula) valid, and file basic annual tax returns (even nil returns). Compared to
other countries’ strict requirements, Paraguay offers unmatched flexibility.
Read more: Can You Lose Paraguay Residency? Maintenance Requirements
Yes — we provide full U.S. services including LLC formation, EIN/ITIN registration, bank accounts, mailing addresses, and more.
Yes. Many Paraguay residents set up U.S. LLCs to access international markets,
Stripe/PayPal, and strong U.S. banking. The combination of 0% Paraguay taxes with U.S.
company credibility makes this one of the most powerful setups in the world.
Read more: Paraguay + U.S. LLC Tax Strategy
Besides the service fee, applicants should budget for document preparation, translations,
apostilles, travel, and basic in-country expenses. These can add up to a few thousand
dollars depending on your home country and travel requirements.
Read more: The Hidden Costs of Paraguay Residency
Paraguay offers one of the fastest naturalization timelines in the world. After 3 years of
permanent residency, you can apply for citizenship and a Paraguayan passport, which
grants visa-free access to 140+ countries and Mercosur benefits.
Read more: Paraguay Citizenship Timeline
Many nomads wrongly believe the “183-day rule” or perpetual travel exempts them from
taxes. In reality, without official tax residency, banks and governments can still claim you.
Paraguay solves this by providing a legitimate tax residency certificate with 0% foreign
income tax.
Once you have your Cédula (ID), opening a bank account is straightforward. You’ll need
proof of address, an initial deposit, and sometimes a reference. Paraguay banks also offer
USD accounts, giving you financial flexibility.
Read more: Paraguay Banking Guide
Both Paraguay and Panama are popular for territorial taxation, but Paraguay is cheaper,
simpler, and requires less physical presence. Panama often requires ongoing visits and
more bureaucracy, while Paraguay only needs a visit once every three years.
Read more: Paraguay vs Panama Residency
Yes. Crypto activities conducted outside Paraguay (on international exchanges) are 100%
tax-free for residents. You can trade, hold, stake, and even receive airdrops without
Paraguay taxing your income, as long as it’s foreign-sourced.
Read more: Paraguay Residency for Crypto Investors
Unlike expensive Golden Visas, Paraguay provides low-cost residency, tax freedom, and the
path to a second passport in just 3 years. It’s the perfect “Plan B” for digital nomads,
families, and entrepreneurs seeking freedom and security.
Read more: Paraguay Residency: The Ultimate Freedom Strategy
All services are covered by our 100% Money-Back Guarantee.
Yes. Live anywhere, optimize taxes with offshore LLCs, and enjoy Paraguay's territorial tax optimization benefits.
