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Emigrating to Paraguay: Your Stress-Free New Start in South America
Are you dreaming of a life with lower living costs and a friendly community? Paraguay could be your ideal emigration destination. Learn more about the first steps and important aspects you should consider to make your move successful. Do you need personal advice? Get in touch with us here.
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Are you dreaming of a life with lower living costs and a friendly community? Paraguay could be your ideal emigration destination. Learn more about the first steps and important aspects you should consider to make your move successful. Do you need personal advice? Get in touch with us here.
Are you dreaming of a life with lower living costs and a friendly community? Paraguay could be your ideal emigration destination. Learn more about the first steps and important aspects you should consider to make your move successful. Do you need personal advice? Get in touch with us here.
Are you dreaming of a life with lower living costs and a friendly community? Paraguay could be your ideal emigration destination. Learn more about the first steps and important aspects you should consider to make your move successful. Do you need personal advice? Get in touch with us here.
Are you planning to emigrate to Paraguay? This comprehensive guide provides you with all the information you need for a smooth transition – from visa regulations to tax tips and cultural insights.
Planning a new beginning in South America? Emigrating to Paraguay could be the right decision for you. Paraguay attracts with a combination of low living costs, tax benefits, and a growing German-speaking community. This guide provides you with a comprehensive overview of everything you need to know for a successful move – from the initial steps to local integration.
At GoMovin, we understand that an international move is a major challenge. That's why we offer you comprehensive relocation assistance tailored to your individual needs. With our support, your new start in Paraguay will be as stress-free as possible.
Why Paraguay is attractive for emigrants
Paraguay has become a popular destination for emigrants in recent years, especially for Germans. The reasons for this are varied, ranging from financial benefits to cultural aspects.
Low living costs
One of the main reasons people choose Paraguay for emigration is the low living costs. According to Valletucan.com, the monthly costs can start at 600 EUR. This allows for significant savings compared to Germany, especially in rural areas, where costs can be 60-70% lower. These savings are particularly attractive for retirees who wish to live comfortably on their pension.
Tax benefits
Paraguay offers a territorial tax system, meaning only income earned within the country is taxed. Foreign income remains tax-free. The tax rate on local income is capped at a maximum of 10%. Additionally, there is the option of financial anonymity through the Cédula. The high interest rates on long-term deposits, which can reach up to 16% for 6 years, are also attractive. These tax incentives make Paraguay an appealing destination for investors and entrepreneurs.
Simple immigration regulations
Compared to other countries, the immigration regulations in Paraguay are relatively straightforward. German citizens can initially enter for 90 days without a visa, and this stay can be extended once. However, for a longer stay, a visa is required. The immigration processes are comparatively simple, making Paraguay particularly attractive for those seeking political and economic stability.
German community
There is a large German-speaking community in Paraguay, estimated at around 400,000 people. This facilitates integration as there are German contacts in healthcare and legal sectors. The presence of such a large community offers a sense of familiarity and support, which can significantly ease the transition to a new country.
Visa and Documents: How to Ensure a Smooth Entry
Entry and residency regulations are an important aspect when planning your emigration to Paraguay. It's crucial to understand the different visa options and the required documents to ensure a smooth transition.
Visas and Residency Permits
For a longer stay in Paraguay, you will need a residency permit. Here are the key points you should consider:
Visa-free Entry
German citizens can enter Paraguay visa-free for 90 days. This stay can be extended once. This gives you time to look around the country and plan the next steps.
Visa Requirement
For longer stays or employment, a visa is required. This can be applied for either before entering at the Paraguayan embassy or after entry at the Ministry of Foreign Affairs.
Required Documents
To apply for a visa, you will typically need the following documents: a valid passport, a birth certificate, a police clearance certificate, and proof of financial means. If applicable, a marriage or divorce certificate may also be required. It is advisable to have these documents translated and legalized.
Residency Permit
For a long-term stay, you must apply for either a temporary (2 years) or permanent residency permit. Proof of financial means amounting to approximately 3,502 EUR or evidence of a university degree or a work contract is required. The application for a residency permit requires time and patience, so it's advisable to start preparations early.
Customs Regulations
Customs regulations are another crucial aspect to consider when emigrating. Here are some important points:
Travel and Relocation Goods
Certain regulations must be observed when importing travel and relocation goods. It is advisable to inform yourself in advance about the applicable rules to avoid issues upon entry. The information provided by the Federal Office of Administration offers detailed guidance on this.
Vehicles
Importing vehicles is generally possible, but certain age restrictions and taxes must be observed. Vehicles must generally not be older than 10 years and are subject to import tax. The website of the Paraguayan Embassy in Berlin is being updated in this regard, so you should inform yourself in advance.
Live Animals and Plants
Special regulations apply to the import of live animals and plants, which need to be clarified in advance.
Weapons and Medications
The import of weapons and certain medications is strictly regulated and requires special permits.
Foreign Exchange Regulations
Foreign exchange regulations should also be observed to avoid unexpected difficulties.
Living and Working: How to Shape Your Life in Paraguay
After entering the country, the question arises of how you can shape your life in Paraguay. In this regard, the job market situation, living conditions, and healthcare play an important role.
Job Market Situation and Job Hunting
The job market situation in Paraguay is different from that in Germany. It is important to inform yourself in advance about the opportunities and challenges.
Recognition of German Educational Qualifications
The recognition of German educational qualifications can be an important factor in job hunting. It is advisable to learn about the recognition processes in advance.
Employment Regulations
Employment regulations in Paraguay differ from those in Germany. It is crucial to familiarize yourself with local laws and regulations.
Average Salary
The average salary in Paraguay is about 380 USD per month. This is low compared to Germany, but the lower cost of living partially offsets this.
Accommodation
The choice of where to live is an important decision that significantly affects your quality of life in Paraguay.
Settlement Options
You have the choice between the capital Asunción, larger cities, or rural areas. A compromise might be to live outside the city for better access to amenities and healthcare.
Land and House Costs
Land is available from around 5,000 EUR per hectare outside the cities. Building a house is possible from about 40,000 EUR. The low property prices make Paraguay particularly attractive for expatriates.
Healthcare
Healthcare is an important aspect to consider when emigrating.
Public Health System (IPS)
The public health system (IPS) provides basic care but is underfunded. Long waiting times and limited resources are common.
Private Health Insurance
It is recommended to take out private health insurance for better access to private clinics, especially in Asunción.
Social Security and Pension
Social security and pension are also important topics that should be clarified in advance.
German Pension in Paraguay
You can generally receive your German pension in Paraguay. However, an annual proof of life is required.
Social Security (IPS)
The social security (IPS) offers basic health coverage, which is often insufficient.
Optimise taxes: How to benefit from the tax system
The tax system in Paraguay offers several advantages that you can take advantage of as an expatriate. However, it is important to inform yourself in advance about the applicable rules and regulations.
Tax System
Paraguay has a territorial tax system, which means that only income earned in the country is taxed. Foreign income remains tax-free.
Territorial Tax System
This system is particularly attractive for individuals who receive income from abroad, such as retirees or investors.
Tax Rate
The tax rate on local income is a maximum of 10%. Additionally, there is a tax allowance of about 13,000 USD. These low tax rates make Paraguay an attractive destination for expatriates.
Bank Account
Opening a bank account in Paraguay is an important step for managing your finances.
Opening a Paraguayan Bank Account
To open a bank account, you usually need a passport and a registration certificate. In some cases, a translator is also required. Proof of the origin of the funds is often needed for embassy payments.
Financial Stability
Paraguay displays a relatively stable financial situation.
National Debt
The national debt is lower than in the USA and Brazil and is about 40% of GDP. This indicates a solid economy.
Ensuring Safety: Minimising Risks and Protection
Security and health are important aspects to consider when moving to Paraguay. It is vital to be informed about the risks and take appropriate precautions.
Security
Paraguay struggles with a higher crime rate than Germany. It is essential to be aware of the risks and take suitable precautions.
Crime
The crime rate is high, and there is organised crime in border areas. It is advisable to find out about safe residential areas and not to display valuables openly. The crime is a factor you should consider in your decision.
Health Aspects
Health aspects should not be neglected either.
Hygiene
Hygiene standards are different from those in Germany. Hand hygiene and safe water consumption are crucial to prevent illnesses.
Diseases
Mosquito protection is important as diseases such as dengue fever and yellow fever occur. It is advisable to get vaccinated before moving and to be informed about health risks.
Promoting integration: Understanding and adapting to cultural differences
Integration into Paraguayan society is an important step to feel at home in your new environment. It's essential to understand the cultural differences and adapt to them.
Culture Shock
Experiencing culture shock upon arriving in Paraguay is not uncommon. It's important to be prepared for it and to be open to new experiences.
Potential Culture Shock on Arrival
The lifestyle, eating habits, and social norms may differ from those in Germany. It's important to be patient and take time to acclimate.
Friendliness of the Locals
The locals are generally friendly and helpful. This facilitates integration and helps you settle in quickly.
German Settlements
There are several German settlements in Paraguay where you can connect with others.
German Settlements in Paraguay
These settlements offer a familiar environment and ease the transition to a new country. Here you can make contacts and exchange experiences.
Language
The German language is widely spoken in Paraguay, which facilitates communication.
German-speaking Community
The large German-speaking community offers you the opportunity to communicate in your native language and make connections. This is particularly helpful in the first few months after your arrival.
Considering Emigration: An Overview of Pros and Cons
Before making the decision to emigrate to Paraguay, it is important to weigh the pros and cons. Here is an overview that may assist you in making your decision:
Advantages
Paraguay offers a range of advantages that make it an attractive destination for expatriates.
Low Cost of Living
The low cost of living allows for a comfortable life with fewer financial worries.
Tax Benefits
The territorial tax system and low tax rates provide financial incentives.
Easy Immigration Regulations
The straightforward immigration regulations simplify the relocation process.
German Community
The large German-speaking community provides support and facilitates integration.
Disadvantages
There are also some disadvantages to consider.
Infrastructure
The infrastructure is often lacking outside urban areas.
Bureaucracy
The bureaucratic processes can be lengthy and complex.
Crime
The high crime rate poses a safety risk.
Healthcare
The public healthcare system is underfunded and does not always provide optimal care.
Conclusion: Use Paraguay as an opportunity for a fresh start
Paraguay offers you the opportunity for a fresh start with low living costs and tax advantages. However, careful planning and preparation are crucial for a successful move.
Summary
Paraguay is an attractive destination for emigrants seeking a new life in South America. The low cost of living, tax benefits, and large German-speaking community make Paraguay an appealing option.
Recommendations
To ensure a successful relocation to Paraguay, we recommend considering the following points:
Careful planning and preparation: Thoroughly familiarise yourself with the entry requirements, living conditions, and cultural differences.
Expert consultation: Seek advice from experts to plan every aspect of your move optimally.
Adaptability and openness: Be open to new experiences and adapt to the local environment.
We at GoMovin are happy to assist you with your move to Paraguay. With our comprehensive relocation support and cultural training, we make your new start as easy as possible. Contact us today for personal advice!
Are you ready for your new beginning in Paraguay? We are here to help! Contact us today to start your personalised consultation and plan your move stress-free. Get in touch now!
Further useful links
On the Bundesregierung page, you will find up-to-date information about Paraguay, including political and economic aspects.
The World Bank provides data and analyses on Paraguay's economic development.
The International Monetary Fund (IMF) offers insights into Paraguay's economic policy and financial stability.
FAQ
Welche Dokumente benötige ich für die Auswanderung nach Paraguay?
Für die Auswanderung benötigen Sie in der Regel einen gültigen Reisepass, eine Geburtsurkunde, ein polizeiliches Führungszeugnis und einen Finanzierungsnachweis. Gegebenenfalls sind auch eine Ehe- oder Scheidungsurkunde erforderlich. Es ist ratsam, diese Dokumente übersetzen und legalisieren zu lassen.
How do I find suitable accommodation in Paraguay?
You can choose between the capital city Asunción, larger cities, or rural areas. A compromise might be to live outside the city to have better access to amenities and healthcare. Online portals and local real estate agents can assist you in finding a place.
How does the healthcare system work in Paraguay?
The public health system (IPS) provides basic care but is underfunded. It is advisable to take out a private health insurance to gain better access to private clinics, especially in Asunción.
Can I receive my German pension in Paraguay?
Yes, you can generally receive your German pension in Paraguay. However, an annual certificate of life is required.
What tax benefits does Paraguay offer to expatriates?
Paraguay offers a territorial tax system, which means that only income earned within the country is taxed. Foreign income remains tax-free. The tax rate on local income is a maximum of 10%.
What are the living costs like in Paraguay?
The living costs in Paraguay are significantly lower than in Germany. According to Valletucan.com, monthly costs can start as low as 600 EUR. This allows for considerable savings, especially in rural areas.
How safe is Paraguay?
Paraguay struggles with a higher crime rate than Germany. It is important to be informed about the risks and take appropriate precautions. Choosing secure neighbourhoods and avoiding the display of valuables is advisable.
Is there a German-speaking community in Paraguay?
Yes, there is a large German-speaking community in Paraguay, estimated at around 400,000 people. This facilitates integration, as there are German-speaking contacts in healthcare and legal sectors.
