There is actually a strong immigration movement happening from Europe to Paraguay.
Reasons:
– Paraguay offers easy access to visa for foreigners
– some people in Europe think that politics and the migration crisis will change their country to the bad
Economically speaking, is Paraguay stronger than for example Chile? How is the salary, safety?
I see commercials all day about “buying land in Paraguay” or “move to Paraguay NOW”. It annoys me, so I would like to understand why people from Europe like it so much.
Comments
Paraguay is poorer than all of its neighbors, with the exception of maybe Bolivia.
Paraguay is definitely not economically stronger than Chile.
Paraguay is not economically stronger than Chile, but it offers some advantages compared to Chile and the rest of its neighbours:
Low tax rate: Paraguay applies a flat tax of 10% on everything. 10% VAT and 10% income/corporate tax. It’s a very simple tax system that attracts foreigners, along other tax incentives that encourage investments, like the “Ley de Maquila”
Lax immigration rules: it’s pretty easy to get a residence permit as a foreigner.
Low cost of living: Paraguay is a very cheap country to live. Rent, food and imported stuff are cheaped than in neighbouring countries.
Cant talk about Paraguai’s economy because I lack the knowledge to do so.
I can talk about paraguaians tho, and those are some nice motherfuckers. Extremely amicable towards brazilians anyway. Im yet to meet an unpleasant one.
Paraguay is neither stronger nor safer than Chile, aI lived there for a decade. There are positives and negatives. Some areas you can live pretty well of ypu have the cash-money.
Paraguay has low tax compared to its neighbors, needless to say why my family made a move to the other side of the border.