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Digital Nomads Paraguay Chat

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Where some people have talked about it
Hey folks, just arrived to Paraguay yesterday as my gf is setting up her tax residency. Iโ€™m a U.S. entrepreneur, been running tech companies for the last decade. Would be great to grab a coffee/co work with anyone in the Capital. Up for that? Give me a shout! โ˜บ๏ธ
kellykim 2mo
welcome! we have a coworking session today https://nomads.com/meetups#264849116ed0fd531cbb6f5f01bf493c
Looking forward to seeing everyone over at West Coffee Julio Correa later today!
eldanielo 2mo
Hey guys, what do you think of the area โ€œLas Mercedesโ€ in ASU?
replay 2mo
that's my neighborhood, i'm happy with it.
especially the area around Juan de Salazar is nice because it has many restaurants and activity
replay 2mo
it also feels like one of the upcoming neighborhoods... I've been living in Las Mercedes since 2017 and during the years since then it has become much more lively than it used to be, many new businesses opened and there's a lot of new buildings going up
eldanielo 2mo
thanks for the feedback ๐Ÿ™ that sounds great
replay 2mo
I'd recommend that you don't live North of Juan de Salazar though, because there you already get a bit close to one of the shadier areas. Optimal would be to live either on Juan de Salazar or a bit South of it
alexrod94 2mo
Thanks man!
replay 2mo
Sorry I'm color blind, so I can only guess that the horizontal line at the top is the green line lol...
You see where it says "Hot" on that screenshot? This is an area where you probably don't want to go near to.
eldanielo 2mo
Haha ok, yeah I meant that line, no worries. ๐Ÿ˜Š Thank you, helped me a lot๐Ÿ™
Las Mercedes is a good area, I've lived there and in Barrio Jara a few times
Iโ€™m heading to Asunciรณn in mid-March to get my temporary residency. Can anyone recommend a good accountant? Iโ€™ll also be looking to open a company to start doing business there, so having a trusted accountant would be a huge plus.
Iโ€™ve been following the messages in this topic, and it seems that one major advantage of opening a PY company is avoiding estate taxes on a U.S. LLC, for example. In the event of my passing, distributing my business and assets to others appears to be much more cost-effective if those assets are held under a PY company rather than in my direct name.
degusta 2mo
Why not cayman or BVI?
Due to fees. Based on my research, the costs in these locations are significantly higher compared to PY. While obtaining residency and setting up a company in PY may be a bit more challenging, it is far more affordable. The DIY process costs around $600 plus travel expenses, with a minimal annual fee of approximately $200 (which includes a virtual office for tax purposes). In contrast, setting up in BVI or Panama requires an initial investment of $5,000โ€“$10,000, with ongoing annual costs ranging from $1,000 to $3,000.
My estimates for Panama and BVI are somewhat superficial, but the long-term cost difference still appears substantial.
ops, sorry, you mentioned cayman and I replied with Panama, but still, the answer would be the same
kaskuk 2mo
This also depends about the country. Finland for example implements mandatory 20% corpotate tax. Corporation tax is paid on the company's taxable income. Taxable income is calculated by deducting deductible expenses from the company's income.
degusta 2mo
Thx ๐Ÿ™
Hi guys! I'm coming to asunciรณn this Sunday, for one week or more.
I'm French, 35yo, traveling since 12 years and with my base and tax residency in Thailand.
I have a seo business since 10 years, and I have a property business in Thailand (side business).
Happy to meet other digital nomads for a drink or dinner ๐Ÿ˜Š.
I speak English 95% and Spanish 60% lol.
Also, is there language exchanges events here, to meet local, expats and tourists?
Hey there!
See you soon!
Join us for coworking on Tuesdays or Thursdays I'll post the event again soon but we meet every week and there are other events for meetups for drinks, language exchange, etc
yes, i can!
initial setups for these countries can be like 3k, 10k for a BVI is VERY overpriced friend
remember PY companies are NOT exempt on taxes on foreign sourced incomes! the territorial principle applies to individuals only
that + having to keep an accountant + dividend distributions having withholding taxes makes a classic caribbean setup much more attractive IMOโ€ฆ
glad to help as it seems the quote you got for caribbean was quite high
Could you provide a source for that information? From what I have read, companies are also exempt for foreign income
Can you recommend a company that charges around that price?
Where have you read that?

See EY for instance:
https://www.ey.com/content/dam/ey-unified-site/ey-com/en-gl/technical/tax-guides/documents/en-gl-wctg-10-2024.pdf.pdf#page=1428
Yes, mine :p glad to help
Thanks for sharing. I have read further on the matter and it seems foreign income is indeed exempt. However, many foreign income are considered local income, therefore, for the type of structure I am looking for, I would indeed pay taxes using a PY company. So this option isn't good for me. Once again thanks for sending me this info, it saved me a lot of unecessary work. Now I will explore further the option you mention of BVI and if it makes sense to me, I will get in touch with you
3 meetups this week in Asuncion if people want to join

I'm hosting Tuesday Coworking and another community member is hosting Thursday Coworking then there's the digital nomad meetup Thursday evening as well.

Please RSVP and help the community events go live ๐Ÿ™
https://nomads.com/meetups
My pleasure and if you need anything, lmk!
villya 1mo
Hi guys! We are having our regular biweekly thursday social meet up this evening at 19:30 at Checkpoint Downtown Bar, if you're in Asu feel free to join! It's a free event, everyone's welcome! The typical attendance is around 80-100. If you're new in town, don't worry - you can find me (Villya), one of the hosts, so I can take you on mini tour around the group and get you introduced! Non alcoholic beverages are available too! Hope to see you this evening! Cheers, Villya
silvan 1mo
hey is there a link to this group?
I'll send you a DM with the link
Also if anyone is in ASU today, join us for Tuesday Coworking

https://nomads.com/meetups#84dcbcba81c4d59508455aa05fde792d
cd 1mo
Tuesday Coworking this week? Or anything else happening in next 3-4 days
Tuesday Coworking is on this week as usual, join us at West Coffee on Julio Correa

I'll repost the event now so you can see the details.
Also note that Google probably has your time wrong this morning if you are in Paraguay ๐Ÿ˜‚
Daylight savings time isn't changing this year but a lot of Android phones don't know this ๐Ÿ™ƒ
iOS seems to be good
cd 1mo
Good to note! Iโ€™ll check thathatt out
cd 1mo
Nice - might be able to join later for work in the day if people still there
We are there from 1 pm to 6 pm (some stay until 8 pm when the cafe closes)
villya 29d
Hi guys, if you're in Asuncion and free this evening, we are having our next regular social meet-up today Thursday 27th March at 7:30pm at JAZZ CUBE in Villa Morra

If you want to meet and network with some awesome nomads, expats, and locals in Asunciรณn, this is the perfect time and place to do so! ๐Ÿ˜๐Ÿ™Œ๐Ÿป

๐Ÿ—“ Thursday 27 March
๐Ÿ•ฃ 7:30pm onwards
๐Ÿ‘ฅ Everyone who wants to join is welcome
jaybelong 27d
Hey all! How is Asu in late May? Thinking about coming for a month
villya 27d
It's autumn in May so the temperature will be nice chill and with lots of sunny days!
Join us again Tuesday Coworking at West Coffee on Julio Correa
see you tomorrow
See you today!

Tuesday Coworking is on every week if anyone wants to join us ๐Ÿ™Œ
Nomads.com Meetup
https://nomads.com/meetups#00330afd93f94a752efb5e482b596231
bybmwnthyzuh is organizing a meetup in Asuncion, Paraguay at West Coffee rr Paseo Miraflores on Tuesday, 8 April at 13:00:

"Join us for coworking at West Coffee, free to join we just ask you buy some delicious food and drinks to support the cafe as our hosts.

We have a regular group of local remote workers, expats and digital nomads who join every week in addition to people who join from Nomads.com"

โœ… RSVP here: https://nomads.com/meetups#00330afd93f94a752efb5e482b596231
replay 12d
Apparently Paraguay is gaining popularity ๐Ÿš€

https://x.com/levelsio/status/1911168929873231921?t=cSjsAkOzb8nfVtlNTMGeSA&s=19
They say there's hundreds of people applying for residency daily
We do see a lot of people passing through to get their residency
replay 12d
I'm in the naturalization process now, that's the next step
falconb0 12d
I got my residency yesterday. Paraguay is an amazing spot, and I'm happy more people are discovering it, but on the other hand, I worry that the extranjeros will overstay their welcome. I've noticed more and more anti-gringo sentiment in online discussion from locals. I worry extranjeros will be blamed for gentrification. Also I think there is talk of raising taxes and/or taxing foreign income? Oh well, it's a nice spot for now.
replay 12d
I'm curious, where do you see anti-gringo discussions online?
falconb0 12d
So like in the main WA groups there have been some pretty nasty threads about this type of thing.

Also... I don't know, maybe I'm just imagining things, but like, my first time I was in Asuncion was in 2023, and I was just absolutely blown away by how friendly the locals were and how well they treated me.

In 2025 it's still amazing but it feels rather different, I can't quite explain it. But like to give you an example, in 2023, with extremely limited Spanish, every time I got in an Uber, the Uber driver couldn't stop talking to me. Wanted to know everything about where I was from and all of that. This year, with much better Spanish, I don't get that much anymore. Maybe just because there are more foreigners and it's less novel. And maybe me being able to speak an intelligible sentence in Spanish is less novel and less interesting hahaa. But still just something feels different.
replay 12d
Ic, personally I'm quite glad if not everyone asks me about my life story, in other countries I got tired of that before coming here.
Hosting coworking again this Tuesday for anyone who wants to join here in Asuncion

Appreciate a few RSVPs to get this live!

We usually have 10-15+ join us for these events but not all from Nomadlist

https://nomads.com/meetups#436e85b52fe11602b35b0d20c8e721bb
Our coworking sessions include local remote workers as well as digital nomads and immigrants to Paraguay (a.k.a expats)
I just looked at the Asuncion page for Nomads and wondered how they best coffee places are suggested ๐Ÿ˜‚

I also wonder if the cashless info needs to be updated, I do think it's good to carry a little cash but I mostly operate cashless outside of PedidosYa for delivery where my cards don't work.

Anyone else have feedback on the info for Asuncion?

https://nomads.com/asuncion
Coffee Bean and Tea Leaf being the best coffee place is surprising to me and I don't even drink coffee lol
Hey guys, heading back to LatAm later this year. Asunciรณn seems to be popping off looking at this group.

Would you say itโ€™s worth staying for a month? Is there enough to see and do in Asunciรณn and Paraguay as a whole?
See you soon :D

I think whether it's worth it is really up to your interests and goals probably, but there's also access to other countries nearby as well โ€” I've been here for over a year now, usually we move around more but it's been a good place to be and there's a growing community here with people passing through all the time.

My wife and I have found it to be a chill place to live, good prices, good food, good people โ€” some people say it's boring or don't like that there's not mountains or beaches. I understand that too but other people just work to create what they want to see here while they are here โ€” people are hosting meetups, arranging sports, hackathons and business ideas etc.
Awesome, thanks for your feedback & hopefully see you soon ๐Ÿซก
My experience is that there isn't a whole lot of adventure packed sightseeing and stuff if that's your thing. You can visit the main historical spots in the city center in a few hours. Maybe there are a few more days of sights in Asuncion if you venture outside the center.

Despite this, Asuncion is definitely one of my favorite spots. Very friendly locals, and also, a vibrant expat community with regular meetups.

Asuncion is very affordable, and very safe in the better neighborhoods (the center is rather sketchy but safe compared to el centro in most other Latin American capital cities).

I find that Asuncion is a great spot to be productive and also to see friends I've known since my first time there.

Since you mention other cities... check out Ciudad del Este. Right on the border with Foz in Brazil and Puerto Iguazu in Argentina, you could stay there for a while and regularly hop around to different countries and do all sorts of sightseeing. Although there's no expat scene that I know of in CDE.
Yeah that would be the goal anyways, which is to focus on my business and then just do some exploring on the weekends, so not minding if itโ€™s a little calmer :)

Thanks Falcon!
Buenos Dias amigos! I just thought I'd introduce myself here in the chat seeming I'm here for the next (almost) 2 weeks in Asuncion.

Chris, web developer and content creator, here in Paraguay to grab the tax residency and catch up with friends.

Looking forward to connecting with the community here.

Also, any recommendations for good work cafes around here?
Welcome ๐Ÿ‘‹

What area of the city are you in?

On Tuesdays afternoons, I host a coworking meetup at West Coffee in a little plaza called Paseo Miraflores


Happy to share some other cafes around the city our group likes, I'm not sure what's open today for sure with the holidays
Awesome. Please send me details. Iโ€™d love to join
Iโ€™m in the Villa Mora area
There's a cafe in that area called La Gallette that might be a good fit for you, I like to work from their Barrio Jara location but I haven't worked at the Villa Morra one yet myself.

They have a nice avocado toast combo breakfast option with a pot of tea and juice.. that's my go to.

Some other friends like the Hub Hotel Juan Valdez

I'll send you a link to the coworking event in a minute I need to post the one for this week on Nomads
https://maps.app.goo.gl/WDvKoi4eucZRyU7y7
mcuomdrrhkya is proposing a meetup in Asuncion, Paraguay at West Coffee Paseo Miraflores on Tuesday, 22 April at 13:00:

"Join us for coworking at West Coffee, free to join we just ask you buy some delicious food and drinks to support the cafe as our hosts. We have a regular group of local remote workers, expats and digital nomads who join every week in addition to people who join from Nomads.com."

โœ… RSVP here: https://nomads.com/meetups#35736eab8d1145a8e9c679750f1ba53c
Thanks fhvcrxnwigerx What about proper coworking spaces? Any that offer day-passes or short-term memberships?
ovlhjxajzekm you gonna do a video on the whole residency procedure?
Yep! Thatโ€™s my plan
Would be awesome if you can cover banking-related stuff. Last time I checked the residency, available banking options were kinda lackluster. ๐Ÿ™๐Ÿผ
There's one called LOffice people talk about but I've never been, I usually hit the cafes
Ok thanks. Iโ€™ll check it out
Hmm not sure if Iโ€™ll be looking to open a bank account here. My advisor is apparently gonna set me up with a Panama one instead (better as they use USD there)
joepp1 4d
Let me know where (and if) to find the content for this one. Iโ€™m seeing different options online for the tax residency. Good luck ๐Ÿ’ช
Itโ€™ll be the next video on my channel rdmutreheoecbgpprcod
lludol 2d
Hey everyone, I am in Asuncion until June. I am a freelance fullstack developer and digital nomad since October, trying to see if Paraguay is a good place to get the residency and even stay here a bit, have a new hq. If anyone wants to meet, just tell me!
Welcomes. I believe there's a meetup tomorrow if you wanna check the schedule
gigabee 2d
Hey everyone ๐Ÿ˜Š nice to see this channel is quite active.
I have my temp residence in PY, gotta come back in the next months to get the perm residence.

How's the expat scene there atm? Is it growing? Are there many expats living there full time? Would be great to meet some of you on my next visit
Yes it looks like the biweekly event is on this Thursday at 7:30 pm at Sacramento brewing co.

They often post on Nomads too but if not it's on every other Thursday usually.

We also host another coworking meetup on Thursdays at a random cafe, this week it will be at La Gallette Villa Morra probably.

Next week we are aiming for Kaffei in the downtown area, working out the details now
lludol 2d
Thanks for the infos, yes it will check the events ๐Ÿ‘Œ. Perfect for the coworking events too, I will come to one
villya 2d
Hi Nathan thank you!! Yes our regular social meet up will be tomorrow at 19:30 at Sacramento Brewing on Av. Santisimo Sacramento. I'll post the event link below ๐Ÿ˜Š
villya 2d
Join our DN Asunciรณn, Paraguay regular meet up this Thursday at 19:30 at Sacramento Brewing on Av. Santisima Sacramento 655 (not the Carmelitas one)! If you want to meet and network with some awesome nomads, expats, and locals in Asunciรณn, this is the perfect time and place to do so! ๐Ÿ˜๐Ÿ™Œ๐ŸปWe do a regular Thursday social event, at a different bar in Asunciรณn each time! ๐Ÿฅณ Free to attend, just pay your own bill, please! Last meetup attendance was 150 people. Reservation is under Digital Nomads. See you there!
Cheers, Villya ๐Ÿฅณ๐Ÿป๐Ÿ™Œ

โœ… RSVP here: https://nomads.com/meetups#1b88d224469dd2d9c0701aecd95cad79
villya 2d
The venue also has non alcoholic beverages and glutten free beers ๐Ÿ˜‹๐Ÿ‘๐Ÿป
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