Paraguary is a landlocked country in the heart of south america. The economy of the country is highly dependent on agricultural exports and depends on oil imports. Most of Paraguay’s trade takes place with Uruguay, Brazil and Argentina. The capital is Asuncion and spanish is spoken widely. Thereare currently two free trade zones located in the Alto Paraná regio where most foreign companies operate. Paraguay has low taxes in the entire south america.
Foreign investment scheme
- Deposit $10,000 in a Paraguay bank account
- Purchase of agricultural land or real estate.
Immediate permanent residency
After 3 years of living in the country.