nunosempere 4mo

Oh wow this Telegram channel is a bit silent compared to the number of people that are coming to Paraguay

nunosempere 4mo

I switched my Wise to Paraguay and got it shut down; I was expecting this and was fine because removing financial ties to Spain was more important to me than the Wise account

nunosempere 4mo

Glad to see Nathan still posting these; they are great

nunosempere 4mo

So I looked into these prices because I'm toying with starting a competitor sort of for the love of the game (https://paraguayprocesses.com.py/)

- $3100 is definitely overpriced
- Other companies have settled on $2-3k, and are printing money.
- Delegating stuff, to locals at $3-$10/hour is definitely worth it
- I'll send a screenshot with minimum viable prices; I think they are around ~$950 for the temp residency
- The thing that kills you is discoverability; you have to have one or multiple guys posting on social media to attract clients and make the process legible to them. Basically I could boot up a competitor if I wanted to become an online influencer focused on this, but I just really don't want to.
- One also feels that one needs an office and a website in order to feel legit, making starting up a competitor inaccessible to locals.

nunosempere 4mo

Had the same thought but allocated maybe about ~30-50% to Paraguay rather than a small amount. I don't think CDAs are worth it vs real state since you get similar returns but don't get appreciation

nunosempere 4mo

Here are the government fees: https://migraciones.gov.py/aranceles-migratorios/ this + notarization costs + cost of locals' time sets up a bottom on prices

nunosempere 4mo

People make a big deal out of this but if you have 25K Gs. in fees and you do three transactions that's $11 in fees for 7.5M Gs. ~ 1.15K USD, which just doesn't seem like the end of the world.

replay 4mo

I'd be scared to invest in real estate. The market looks like a huge bubble to me, considering how much money is getting pumped into it lately while lots of apartments look empty

replay 4mo

My bank (continental) keeps trying to sell me apartments, but I always tell them I only want CDAs

replay 4mo

How can you be sure that these apartments will appreciate if there is so much supply that many of them are empty?

nunosempere 4mo

Yeah, I agree there is some probability of there being a bubble, and I've been trying to explain that to brokers as well since the 2008 Spanish real state bubble made an impression to me. So my answer is that I accept that risk and seek to mitigate it by buying at distressed prices, modeling the risk explicitly, and staying away from shoddily built towers created to sell to foreigners

replay 4mo

I'm curious, how do you know which are shoddily built? I know someone who owns an apartment, then it was discovered that during the construction they saved money on the cement mixture and now the building needs constant fixing, and even with fixing it doesn't seem very trustworthy because you can't replace the cement... Is there some way to check for something like that before buying an apartment?

antonandreev 4mo

Hi everyone! I'm coming to Asnución for 2-3 weeks. What's the best area to stay in, in your opinion?
Are there any events planned for the near future?

franciscoalface 4mo

Near the Paseo Galeria shopping mall

gigabee 4mo

Las lomas, carmelitas, recoleta, villa morra.

There are digi nomad meet ups every Thursday and usually a few different events each week

nunosempere 4mo

Date of the building and how long it took, talking with neighbors. Easier if you live in a neighborhood before buying something there

replay 4mo

Thanks. Do you have an opinion on the distrito perseverancia, specifically regarding building quality?

The reason why I ask is because I've been thinking about getting an apartment to live in there. So this wouldn't really be an investment, I'm mainly looking for a nice place to live in in this case.

nathansudds 4mo

I think it will be a good area but it was a little disappointing to see how quickly the rain washed out some of the new development in that recent rain but that's probably something also impacted by so much development going on right now so the water issues probably will be worse until they are finished.

There's a whole reinvestment plan for that Artigas Street to improve it which I believe includes new drainage systems.

replay 4mo

Interesting, I haven't seen yet what the recent rain did there, have you gone to check it out after the rain?

replay 4mo

You know what's annoying in perseverancia? It's almost directly beside an area where there are many frigoríficos (slaughter houses). Depending on the direction of the wind there's quite a strong smell that you can notice in the entire distrito perseverancia. I love their large balconies, but I wouldn't want a balcony with that smell 😆

replay 4mo

Yesterday I've been talking to someone who had a meeting with the developers of distrito perseverancia. She said that they're aware of the problem and are trying to make the slaughter houses move.

nathansudds 4mo

Interesting, that whole Street has a revitalization plan on Artigas so I'm guessing it will have to change one way or the other eventually

nathansudds 4mo

https://depaauwarchitecture.com/portfolio/artigas-avenue-envinronmental-requalification/

nathansudds 4mo

https://www.abc.com.py/nacionales/2025/12/18/video-proponen-el-plan-corredor-verde-artigas-y-donan-proyecto-al-mopc/

replay 4mo

Thanks, this is an interesting article. I hope they actually end up doing it

renatoautore 3mo

Hi guys. I need a private health insurance for Paraguay. I already have safety wings , however I selected Paraguay as home country so I am not covered in Paraguay. Any suggestions on a good health insurance in Paraguay?

leonox 3mo

SafetyWings does not cover home countries, it's a general rule since it's effectively a travel health insurance

renatoautore 3mo

Hi Leo. Thanks for you answer. Yes that is correct. That’s why I was looking for a domestic health insurance for Paraguay specifically

nathansudds 3mo

https://www.Asismed.com.py

nathansudds 3mo

This one or another one called Bautista is popular basically connected to the two hospital networks

nathansudds 3mo

https://ebsa.com.py

nathansudds 3mo

Hope this helps

nathansudds 3mo

But this is a 12 month contract usually

renatoautore 3mo

Thank you

kaskuk 3mo

I would recommend to participate the local foreign community events. Just boarding on plane to go there.

replay 2mo

Personally, I have made some pretty negative experiences with the health care services in Paraguay. I'd recommend getting an insurance which at least also covers you in Brazil or Argentina, because if you have a serious issue you might want to go there to get it treated.

replay 2mo

I have no experience with the hospital Bautista though, only La Costa, Migone and San Roque

arti 2mo

Which agency/professional have you used for your tax residency (and was happy with) in Paraguay? I’d need:
• Temp. residency
• Cedula
• RUC
• Consultations on getting Proof of Domicile

yanicklandry 2mo

their website has SSL problems but they offer really good service : https://asunciontimes.com/paraguay-news/business-news/paraguay-residencia-get-legal-residency-in-paraguay-with-expert-help/

dionstravels 2mo

https://datos.csj.gov.py/data/abogados

dionstravels 2mo

Make sure you verify they are registered in the court system in the link above

replay 2mo

Hi 👋
Does someone have a recommendation for a good accountant in Asuncion?
I'm looking for someone who's familiar with the taxation of foreign capital gains and foreign income, I'd like to declare it in Paraguay.
I've talked to a few accountants in my neighborhood, but they seem to only be familiar with the stuff that's relevant for an average Paraguayan person, so in my situation they're uncertain about the details.

leonox 2mo

"Zero Tax on Foreign Income: If you are a tax resident in Paraguay, you will not pay personal income tax (IRP) on money earned outside the country." I felt you won't be able to find it if it doesn't exist!

replay 2mo

I have two goals, both of which require me to declare some income/gains in Paraguay and pay some IRP:

1) I'm working on getting the Paraguayan citizenship, one of the requirements is to have an income and pay taxes on it. My lawyer recommends that out of my foreign income I "localize" a small part and only pay taxes on that, just enough to satisfy the requirement.
2) I'm reallocating a part (~5%) of my investment portfolio into Paraguayan CDAs to balance the fluctiations in the USD/PYG rate. In order to satisfy the Paraguayan banks, that money which I'm moving into Paraguay should be declared in some way, even if it's only declared as tax-exempt due to being the result of foreign capital gains.

leonox 2mo

I felt you should just use an AI to you help you, most local accountant probably never handled it, but it shouldn't be too difficult.

replay 2mo

I had various conversations with AIs on the topic, based on that I think I know what I need to do, but to not make mistakes I want to verify it with a professional.

alexrod94 2mo

Just my two cents, but getting residency does NOT require a lawyer in Paraguay, as opposed to, say, Panama

kayosakamoto 1mo

Hello, does anyone know any good apartment in Asocion for one month?

angelovt 1mo

Looking to do some P2P to get PYG in exchange for USD/EUR. Does anyone know a good forum/community for that?

alfredobarulli 26d

Anyone can help getting tax residency /proper set up? Or maybe you can recommend some Companies who can help

javivadillo 25d

✌️

sergio8215 24d

I’m going in 2 weeks to do it. If the company works well, I’ll let you know

alfredobarulli 23d

Sent you a DM

javivadillo 16d

Let me know when you arrive so we can grab a coffee

sergio8215 16d

Sure 💪🏼

annafri_ 6d

Hey all! I don’t know anything about Paraguay except the residency thing and I’d like to know more about it. I might have to go there in October for a week and I’m considering staying a bit longer.

How’s la Asunción in terms of community, cafes, quality of life, things to do? Is there accessible nature?

Are there other spots in Paraguay that have a bit of a nomad community that are NOT a city? I prefer small towns in nature..

How is it to connect with locals?

atti1a 6d

pobjdkfpdy there's a nomad/expat whatsapp group -> https://chat.whatsapp.com/Dw2ZDujvi2cA9ySUuGQ4HR

franlitvay 6d

Asuncion does not have good accessible nature. Parque de La Salud and Ñu Guasu are the main ones if you wanna be close, but doesnt compare to say, Medellin, Rio or Santiago.

Quite big community for a city of its size, you will find the most of it if you stay close to the main malls - Shopping del Sol, Mariscal and Paseo Galeria

Check Cafe de Aca, not the 1st spot id do for cowork but quite scenic and nice

Small towns in nature honestly cross over to Brazil lol
Encarnacion is the more nature oriented spot as you have the river beaches, but its like 200k people total and no noteworthy nomad community. San Bernardino with the lake is 1h away from Asuncion, some people base up there

franlitvay 6d

Locals are extremely friendly, one of the top things about paraguay

sergio8215 6d

Group chat is full 🥲

sergio8215 6d

I’m thinking on going to Iguazú Friday afternoon to Sunday. I think it’s enough time right?
1,5 days there

boris_k 6d

Argentine side takes one full day; the Brazilian side can be done faster. Both sides in one day is definitely a bad idea, don't do that.

sergio8215 6d

Thanks!
Well 1,5 days.
Argentina on Saturday 8am until night.
Brazil Sunday 8am until 14h

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