We take care of the whole process in a record time. Become a resident & tax resident in less than 3 months!
My country taxes me over 30% of my salary, and I don't even live there!
Paraguay taxes any foreign income at 0%. Income coming from Paraguay companies are taxed at 10%.
Digital Nomads don't have a permanent residency, so they are not legally obliged to pay taxes in their own country as long as they aren't there (normally for 183 days/year). However, still today banks keep asking everyone "Where do you pay taxes?"
Our package offers a legal and easy to maintain residency, in a country that is not a tax haven (but you might not have to pay taxes)
Most tax residencies ask for at least 30 days in the country per year. Even Dubai (UAE) is asking 1-day presence every 180 days to maintain residency. Digital Nomads don't want to be attached to a specific country.
In Paraguay, you only need to be in the country for 1 day every 3 years. Actually, it's not quite strict... some people is currently keeping the Cedula (residency card) although they haven't been in the country for over 10 years.
Some countries residency programs is very expensive, and even if paying it might take months if not years to obtain.
In Paraguay, if working with us, you can do everything in one payment. Within 2 weeks you can have the temporary residency, which has all the benefits as the permanent one. After one year, we can also help you obtain the permanent residency.
Most countries exchange information through systems like CRS or FITCA. But you might want to keep your financial movements to a single country...
As in 2024, Paraguay is one of the few countries in the world that doesn't participate in any information exchange with any other country, nor it plans to do so in the future.
Countries like Panama, Seychelles, Belize... have interesting tax incentives, but are seen as tax havens and blacklisted in bank exchanges
Paraguay is not blacklisted and never has been. Financially speaking, it's an off-the-radar country. And reputation wise, it's not seen as a zero tax country either.
There are many scams in Paraguay, specially with lawyers
While this is true (specially for English-speaking clients), our package is a proven system, with hundreds of people having done it successfully. Even us at Nomad Wind are residents from Paraguay, and we also went through the whole process!
Bla bla bla bla bla