The Pros and Cons of living in Paraguay

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 100

  • @TheWanderingInvestor
    @TheWanderingInvestor  Місяць тому +3

    🇵🇾 More information on Paraguay residency and contact Aleksandr: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-paraguay/

  • @VERTICALWisdom
    @VERTICALWisdom Місяць тому +31

    I have traveled to Paraguay, done business there. We are coming back to establish a large project and will be HAPPY to pay this country and government 10% in taxes. Wonderful, kind and happy people.

  • @BetterMondayFasting
    @BetterMondayFasting Місяць тому +17

    I just got my Paraguayan residency today! I love it here!

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому +1

      @@BetterMondayFasting congrats!

    • @BetterMondayFasting
      @BetterMondayFasting Місяць тому +2

      @@TheWanderingInvestor Now I am in the process of getting the cedula. After that I might need some help to get the RUK and the tax certificate. Do you offer such service?

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому +1

      @@BetterMondayFasting Yes, Aleksandr can help. His contact info is in the description

    • @BetterMondayFasting
      @BetterMondayFasting Місяць тому +1

      @@TheWanderingInvestor Thank you, I just sent an email to Aleksandr through the online form.

    • @druidceltic777
      @druidceltic777 25 днів тому

      hello can you tell me how long the process to get residency took please ? and appx over all cost , thankyou

  • @juantorres-dj3fn
    @juantorres-dj3fn Місяць тому +34

    As a paraguayan I think it is working to our advantage that people think it is a "shithole" and that it is one "of the poorest countries in the world" as someone from Venezuela once told me 😂😂. I just never say anything and stay quiet like most paraguayans because we don't want to get a flood of poor, unqualified people from the region or elsewhere like many countries receive and we know the consequences of that with crime, urban degradation, cultural clashes etc. We love they think that so nobody comes, only people with enough money. We know traveling around countries like Colombia and others that we have a much higher standard of living but we just stay quiet and don't care what others think. Something that is not true though is the lack of low budget airlines..there are some: jet Smart, Paranair, Fly Bondi and others I can't remember now. On the other hand, mosquitoes are not that presente everywhere all the time..I mean, in the cities where people live there are very few except at peak summer maybe. I assume that in the wild there are more but still I can't remember feeling lots of them even when I was in the countryside.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому +6

      Insightful. Yes, Paraguay is much wealthier than the statistics imply.

    • @MMMC-z8y
      @MMMC-z8y Місяць тому +1

      Smart move! Keep it that way.

    • @marciafranco1863
      @marciafranco1863 25 днів тому +2

      Sssssh no des información..

    • @MMMC-z8y
      @MMMC-z8y 25 днів тому

      @@marciafranco1863 de acuerdo.

    • @milkybar06
      @milkybar06 20 днів тому

      What is the crime like?

  • @irynasymonenko2565
    @irynasymonenko2565 Місяць тому +12

    to add, the choice in the supermarkets is quite good, comparing to the neighboring countries (Argentina).

  • @jamesrandolph3964
    @jamesrandolph3964 Місяць тому +3

    Thank you Aleksandr! I appreciate the honest and unvarnished assessment.

  • @pathslesstrampled9906
    @pathslesstrampled9906 Місяць тому +4

    Coming down for a visit in Nov 2024! Very excited.

  • @ifh4030
    @ifh4030 Місяць тому +4

    Good interview. Thank you very much to both of you it was helpful.

  • @ciyaalkaxaafadamohamedyare9061
    @ciyaalkaxaafadamohamedyare9061 Місяць тому +4

    Always love your content and education...keep it up bro!!!!!!!!..Abdi :L-)

  • @ParaguaytranquiloO
    @ParaguaytranquiloO Місяць тому +12

    I would see not well connected as an advantage. If Paraguay was well-connected, that would mean more investments, more tourists and a higher cost of life. Being not well-connected prevent the country, to some extent, from losing its stability.

  • @prov31x
    @prov31x 9 місяців тому +2

    Thorough and practical information, thank you… pros and cons were great to hear

  • @steventaylor5283
    @steventaylor5283 27 днів тому +1

    THANKS FROM AUSTRALIA

  • @Abgedreht_im_Paradies
    @Abgedreht_im_Paradies Місяць тому +5

    Great video! Thank you! ☀️
    We ❤️ El Paraiso Verde 🇵🇾☀️🌴❤️ in Paraguay ☀️❤️
    We have been living happily with our family in El Paraiso Verde since 2021, and we are very happy every day in this protected settlement area! ❤️
    Even back then, there were a few nasty agitators who were paid by the competition to speak and write badly about El Paraiso Verde.
    We didn't let this influence us - and we are very happy about that.
    Our daughter plays with different children every day - and always with her favourite Paraguayan friend.
    She is already going to school. She can move freely and safely around the 16 square kilometres of the settlement. We live happily here in this professionally guarded and protected settlement area with our friends and so many warm-hearted settlers of El Paraiso Verde.
    We love to go swimming in the almost always marvellous sunny weather - and we can do that here in one of the many wonderful bathing lakes in pleasantly warm water almost ten months of the year.
    We also go into the jungle several times a week - and it is always an adventure for my daughter to discover the exotic animals up close.
    Our daughter is also very happy here on horseback, and on our tours by motorbike or bicycle through El Paraiso Verde we are amazed by the different animals and wild bird species in the nature reserve.
    We have also had our titles for our properties for a few months now.
    Fortunately, we had bought another plot next door, as there will soon be no more plots available in the immediate vicinity of the jungle.
    We are now having Reljuv build us a house right next to a wide river and with a view of the jungle, very close to a large lake that we can go to by boat or swimming every day.
    As a pleasant wind blows here almost every day, we will soon be windsurfing on the large lake.
    For the few cooler and rare cold days, we look forward to our sauna and our open fire.
    We are happy and grateful that we and our family have become a living part of Dr Erwin and Sylvia Annau's brilliant vision in this magnificent settlement project.
    We enjoy every wonderful day here.
    ☀️❤️🌴

  • @rl7586
    @rl7586 23 дні тому

    If you so happy there, you are in the right place
    Greetings from Australia

  • @citizenturk
    @citizenturk Місяць тому +1

    Great ❤ Thanks for sharing 🇹🇷

  • @soundslight7754
    @soundslight7754 Місяць тому +2

    Great video, coming across very honest and without bias. I know this video was about other topics but please do elaborate on minimum stay per year to keep the residency valid and how long it's for (renew every year, every 3 years etc)? Thanks a lot

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому +1

      Thank you. Once you have permanent residency you are expected to set foot there for 24h every 3 years.

    • @soundslight7754
      @soundslight7754 Місяць тому

      @@TheWanderingInvestor It's clear now, thanks so much

    • @kellyname5733
      @kellyname5733 23 дні тому

      @@TheWanderingInvestor I want the details of 'how' an 'what is needed' to start with...temp residency. Would your guest help me to get residency? Thanks

    • @TheWanderingInvestor
      @TheWanderingInvestor  23 дні тому

      @ Absolutely, here: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-paraguay/

  • @jgm3620
    @jgm3620 Місяць тому +1

    Great country, peaceful and lot of freedom

  • @ManuelMindblossom-w7u
    @ManuelMindblossom-w7u Місяць тому +12

    A few points I would like to share. The government doesn't control you, except when you are on the radar such as through the residency process. then you are dealing with massive corruption. Bolivia is the other territorial tax country in South America. For negatives, the biggest one you missed is weather - it is beyond insanely hot almost all year, without oceans/beaches to cool off.

    • @ParaguaytranquiloO
      @ParaguaytranquiloO Місяць тому +5

      Fully agree on the weather. Not many folks can adapt to it. It's September 2024 and we are already reaching 42/43 degrees celsius in feel like temperature! Factor in the smoke as well. Over past few months we only had several days of blue sky.

    • @ba8898
      @ba8898 Місяць тому +2

      @@ParaguaytranquiloO yep, grey skies for days on end due to smoke. Apparently it's a common occurence, especially in the summer. A massive negative.

    • @MariaAmaliaFerreiraDaCosta
      @MariaAmaliaFerreiraDaCosta Місяць тому +3

      ​@@ba8898NO ES CULPA DEL PARAGUAY, SINO DE LOS PAÍSES VECINOS!!! 🤷🏼‍♀️🤷🏼‍♀️🤷🏼‍♀️

    • @ivanmarc3155
      @ivanmarc3155 Місяць тому +2

      @@ba8898 no that common, Is because of fires in bolivia- brazil region. But yeah weather here is big turn off

    • @kellyname5733
      @kellyname5733 23 дні тому +1

      @@ParaguaytranquiloO Smoke?? What smoke? Where did it come from? Is it true that smoke is from fires?

  • @pvdp2
    @pvdp2 Місяць тому +4

    Paraguay is not perfect but it is one of the most admired Latin American countries aside from Colombia and Panama in terms of economics.

  • @ManuelMindblossom-w7u
    @ManuelMindblossom-w7u Місяць тому +6

    Aleksandr said you can open a local account with the residency card. Sorry, but this is wrong. I just went to EVERY bank in Asuncion a few weeks ago. Everyone requires the cedula as a starter. Many require more than that (for a basic account mind you).

  • @247TravelYT
    @247TravelYT Місяць тому +3

    Make a video on Estonia.

  • @NomadElite
    @NomadElite Місяць тому +6

    Hey man. Great video! Let's shoot some videos together if you're still in Paraguay.

  • @FTAVSLM
    @FTAVSLM Місяць тому

    Hello, In paraguay you can´t have your gun in your car, you can only have it on your house, with the "portación" document you are enabled to carry your gun in concealment, and only with that credential you can have it on your car or in your concealed carry holster.

  • @LorenSuJa
    @LorenSuJa 4 місяці тому +8

    Gun laws in Paraguay are very straight 4ward....the "basic gun" permit allows you to conseal/have your gun in your home and car,etc...for the formal permit you can "wear" your gun on you at all times...this type of permit needs to pass a license...paperwork that the armeria(places that sell guns) take care off ,it entails aswell a few hours course,a cpr course and safety course aswell as a show of your proficiency in the shooting range(which is done at the armeria aswell)

  • @BartHuisman-qg8ft
    @BartHuisman-qg8ft Місяць тому +1

    Hi, is this a re run? of a former interview, we were there a few months ago, really liked the country, but when it comes to speed limits etc, I got three tickets in 20 minutes, going 80km in a 50km zone, on a four lane highway, found out from others, I didn,t get a discount. never got a ticket in my life before, I was told there is only speed check on route two

  • @mastifflover504
    @mastifflover504 Місяць тому +2

    Your little brother and you should do videos together more often. 😂

  • @cl2385
    @cl2385 Місяць тому +2

    Such a nice guy but I got say just looking at you both, Aleksandr looks like he could be your teenage son😉

  • @FPrill
    @FPrill Місяць тому

    Maybe you could go into a little depth regarding bank accounts. No cedula, no bank account. I can see this being difficult for a time while waiting for the cedula. Some years ago I read somewhere that it was possible to open an account in an ahorros y prestamos, without cedula. Still possible?

  • @kellyname5733
    @kellyname5733 23 дні тому

    Great interview!! The way he describes Paraguay is just like Mexico without the Cartels or should I say the way Mexico used to be before the Cartels. Mexico still has a little bit of Anarchy but it is good Anarchy. Paraguay is going to be a country I will get residency.

  • @gaiaarrigoni
    @gaiaarrigoni 2 дні тому

    How is for international schools? We have a little child and we are thinking to move from Sweden in the next few years. Paraguay is one of the countries that we are thinking to visit soon. We lived before in Kenya and Jamaica and we are from Italy. We want to find a nice, calm country with stability in political and social aspects. We wish also to find people that are warm like Mediterranean citizen are. The European countries are done for us.

    • @TheWanderingInvestor
      @TheWanderingInvestor  2 дні тому +1

      @@gaiaarrigoni definitely visit before moving there, it’s a very different vibe.
      There are a few international schools, and in some areas affordable German schools.

    • @gaiaarrigoni
      @gaiaarrigoni 2 дні тому

      ​@@TheWanderingInvestor yes obviously is in ours plan to visit Paraguay in one or two different periods.

  • @kippsguitar6539
    @kippsguitar6539 Місяць тому +1

    Wait until December it's a bloody oven, extremely hot and pretty dangerous, lovely people, I studied Spanish there and nearly melted for 4 months a year

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому +1

      Rather melt than freeze 😅

    • @kippsguitar6539
      @kippsguitar6539 Місяць тому

      @@TheWanderingInvestor rather do neither, Paraguay is way too hot for most humans and very dangerous but each this own, great channel

  • @andreadan-ty7cv
    @andreadan-ty7cv Місяць тому +3

    you forgot about rampant corruption and the fact asuncion is built mostly with narco money....not exactly something you should have skipped

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому

      Narco money is bullish for the economy

    • @andreadan-ty7cv
      @andreadan-ty7cv Місяць тому

      @@TheWanderingInvestor yes but that's not something should happen.....when politicians are on payroll of narcos, i wouldnt call that a normal country....bolivia and paraguay are 100% narco countries, their main cities developed with narco money, not even talking how they kill whoever try stop that, or those same criminals destroy natural resources etc...

  • @mutiny_on_the_bounty
    @mutiny_on_the_bounty Місяць тому +2

    Does Starlink work in Paraguay?

  • @dianadeejarvis7074
    @dianadeejarvis7074 Місяць тому +2

    Did Paraguay require a certain shot during the pandemic? Lockdowns? Also, can a gun purchased in the US be brought to Paraguay (with other belongings)?

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому +4

      @@dianadeejarvis7074 1: No
      2: Briefly but the people got angry
      3. Yes, but very complicated. Better to buy locally

    • @dianadeejarvis7074
      @dianadeejarvis7074 Місяць тому +2

      @@TheWanderingInvestor Many thanks for your answers! Very kind of you to respond.

  • @karissaiglesia
    @karissaiglesia Місяць тому +5

    UA-camrs destroyed Colombia and now every garbageman and deadbeat with a 200 dollar Spirit ticket is here. Now its Paraguays turn!

    • @kwakuali2893
      @kwakuali2893 2 години тому +1

      I agree, but dont don't shit on garbage men.

  • @FPrill
    @FPrill Місяць тому

    Also I have picked up on numerous reports from foreigners, that bank transfers coming into Paraguay are frozen because of the demands of explanations where the money has come from!!
    Comment please.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Місяць тому

      @@FPrill Yes. Just run with the assumption that banking in Paraguay is horrible.
      Bank back home, in the US, Panama, Uruguay or Mauritius. We can also help open accounts remotely.

  • @anthonyplayground1402
    @anthonyplayground1402 25 днів тому

    Paraguay ... full of pros and cons

  • @W1LLi4m_
    @W1LLi4m_ Місяць тому +8

    Legalized self-defence and low taxes are massive pros. But you guys lost me at mosquitoes!

  • @mwaynerowe4782
    @mwaynerowe4782 Місяць тому +5

    I like the rugged individualism and liberty in Paraguay. The heat and mosquitos (Dengue fever) are two downsides. Real estate can be fraught with pitfalls. Crime happens and there are "Motochorros" so never show wealth, not as bad as Medellin but yeah it happens here.

  • @rondamon4408
    @rondamon4408 Місяць тому +1

    3:20 tax on net income??

  • @minglim5485
    @minglim5485 Місяць тому +2

    They leave you alone in Paraguay?? I'm there!

  • @keepingitsimple88
    @keepingitsimple88 Місяць тому

    How do you rent an apartment in Paraguay if you can't use local banks ?

  • @hart-coded
    @hart-coded 25 днів тому

    typical amx focused on guns when theres so many more important items to focus on.

  • @ba8898
    @ba8898 Місяць тому +8

    It's got a wild west feel. There's very little importance given to culture. I don't think there's even a single decent book shop in Asuncion, and it's the capital city. It's like the direct opposite of a place like Buenos Aires in that regard. It has a small wealthy elite living off the backs of a very large downtrodden majority. The poverty that exists in Paraguay is on another level even by Latin American standards.

  • @RkR2001
    @RkR2001 Місяць тому

    6 -12 months for a USD acct is too much.

  • @whatelse1222
    @whatelse1222 20 днів тому +1

    Don’t worry Blackrock will come knocking on your doors pretty soon.

  • @ameperdue6953
    @ameperdue6953 23 дні тому

    Why would anyone want to live somewhere and NOT pay taxes ? Who pays for roads, hospitals, schools ? Stop being so selfish !