Attention to all wishing to emigrate:

For many it may be important to know that Paraguay does not have bilateral tax agreements with any other country in the world nor does it provide information to other countries regarding persons living here regarding property ownership or their patrimonial situation!!!
There exists another determinant advantage - Paraguay allows the entry without restrictions of foreign currency, be it in cash or through bank transfers that someone wishes to make to their account in Paraguay. You will only need a letter of reference from a bank certifying that you were or continue being a client of said bank. The entry of cash amounts larger than us$ 10,000 must simply be declared when entering the country. Nobody but the local authorities have access to this declaration, it only serves to document the entry of the amount in the case of wanting to take it out of the country again as there are restrictions for taking national capital in cash out. Another of the advantages of this declaration of entering with cash (together with the reference letter from your bank) is that, when opening a bank account in Paraguay, you’ll be able to enter the amount into your new account without any problem.

Considering that I have been giving assistance on emigration subjects for more than 10 years in Paraguay, I believe I am quite capable of providing all types of answers on this matter. I will be glad to be of service for any additional information.

Contact in english

Inmobiliaria Paraguay
GM Mr.Thomas Schwarzmeier
Call Skype
RUC: 5936547-1
Email: contacto@paraguay-inmobiliaria.net
Asuncion - Paraguay