Paraguay Offers Tax Free Residency, Fast Citizenship and a Safe Haven from War
7 months ago
7
Paraguay can tick several boxes for many global citizens.
Being in the Southern Hemisphere, it's well away from the increasingly dangerous global conflicts. Paraguay does not tax overseas income, and you'll pretty much be left alone by the state.
In addition, as a resident of Paraguay, you will be able to open financial accounts around the world using your Paraguay residency and avoid CRS reporting, irrespective of your citizenship.
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