5 Top Reasons to Settle Down in Paraguay

Paraguay and its capital Asunción boast a low cost of living, although incomes are generally low too. With cheap housing and affordable food, Paraguay is one of the cheapest Latin American countries to live in. Expats earning foreign currencies will be able to live particularly comfortably.

Paraguay became the best and most affordable white-listed, low tax jurisdiction for freelancers, online entrepreneurs, businesspeople and digital nomads in 2022. If you want to live in Paraguay, the charming and beautiful country has so many to offer and attract. The quality of life is high enough in Paraguay.

Here are at least five reasons expats choose to settle down in Paraguay:

First, the low cost of living and a beneficial taxation are pushing pensioners to spend peacefully their pension years in Paraguay and also to save a lot of money.

Second, Paraguay is a perfect country for young people and businessmen. Young people and businessmen like Paraguay and they choose this country to find a new job or as new location for their businesses/companies. Reduced taxation and several incentives made available by Government are pushing many investors to open here many businesses/companies.

Third, Paraguay is in the Southern Hemisphere and so it has inverted seasons compared to Europe. From half May to half August there are very mild winters and there are long and warm summers from November to March.

Fourth, Paraguay is a safe and peaceful country and it is characterized by the warm hospitality of its people. And not for nothing Paraguay is one of the happiest country in the world. The secret of Paraguay’s success is its quality of life, which relaxes you and let you live peacefully. In Paraguay there are excellent private health infrastructure and health policies are really convenient.

Finally, Paraguay has very beautiful landscapes including rivers, lakes, plains and the famous Amazon Forest. Paraguay’s cities are modern and lively, but they also show the typical atmosphere of south American cities.

If you’re thinking of settling down in a Latin American country, Paraguay is worth giving a trial.

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