Higher prices in Paraguay are driven by supply and demand, just as they're driven by these metrics everywhere. Food prices have seen an uptick, starting in shopping malls and supermarkets. The same goes for real estate, everything is up. Those of you who remember the former permanent residency by bank deposit option know that all good things come to an end eventually. Once a country's milestones have been reached, changes are expected, including changes in the requirements needed to obtain temporary residency. Residency visas take longer to process as more applications are being submitted. To answer the question as to whether Paraguay's current residency program is coming to an end - yes, it will. It's written in the stars. There's a narrow time window, so you better grab it before it's too late. When exactly will it happen? I believe that you know that I have more information at hand than you do, and that's why you're following this channel. The mystery will continue!
That's the problem with being an expat. Countries change laws and economic activities decline. Locals change their attitudes toward foreigners and what was once paradise ends in disappointment. My advice is always have a plan to move on.
In general I agree, BUT Paraguayan culture is based on welcoming and accepting others. I don’t believe in a year everyone is going to hate all foreigners. Being welcoming is deeply embedded in Paraguayan culture more so than other Latin American countries… like Argentina who is very exclusionary. Paraguay doesn’t share the same negative history or proximity that places like México or Colombia have either. So I don’t predict this/share the same fear as long as foreigners spread out.
In a nutshell, Paraguay will, at some point, stop offering residency because locals perceive (maybe correctly or incorrectly) that foreigners are the reason for the lower affordability of things in the country. Nothing new here. The question to ask yourself is: how does this price increase happen? Is it really the fault of foreigners or greedy business folks inside the country trying to make as much cash as possible out of incoming foreigners? My advice: be a responsible foreigner. Integrating yourself with locals and seeking to limit your impact. When we overpay for land or buy land to speculate we impact locals and this is unacceptable. Those folks let us in.
As a simple, hardworking family man, there is a lot to like about Paraguay. I have been looking at it for a few years now. It is my Plan B for leaving Canada. Portugal was my plan A but there were too many things with Portugal that I didn't like. We are hoping to visit Paraguay in 2025.
I don't think Paraguay will be like Thailand, Brazil, or Colombia. There are hardly any direct flights there, It takes a while to get to Paraguay, and like you said, there's no beach. Even if Brazil has more strict entry laws for some countries, people would rather go there and Colombia.
@henningbartels4445 I wish I had that flight path, but I leave out of Orlando,Fl. So I have to fly from Orlando to Panama and then Panama to Asunción. They used to have a direct flight from Miami, but not anymore. It's only cargo flights now.
OK I’ve been coming to Paraguay for a year now I’ve been staying in San Lorenzo. The problem with San Lorenzo is not the people it’s not the housing. It is the inner structure of the country no water they get their water cut off constantly and their power I do not understand how the citizens do not complain more or hold their politicians and their utility department. Accountable for the problems
A lot of popular expat locations are either on a beach or they're up in the mountains with a spring like climate. I prefer the mild climate type with scenery after spending years working in some of the hottest areas of the U.S. But every popular expat area worldwide has gotten significantly more expensive due to the demand after being pushed as an ideal place to live. Paraguay seems doable if you're willing to compromise. Has too hot a climate for many, has infrastructure issues, no ocean beaches, no high mountains, a lot of poverty. Locals have figured out that Villa Morra and a few similar neighborhoods have a lot of appeal for foreigners and are charging accordingly. After a lot of enthusiasm initially I'm trying to decide if it's worth it to me. I'm leaning towards camping fulltime in the States but will keep looking at Paraguay. The U.S. isn't getting any cheaper.
I did the whole RV life thing for a year in California, it’s incredibly expensive still. I spent 7 months in Thailand, great place if you don’t mind the heat and jumping through visa hoops. I’m heading to Asunción in July, hoping it’ll offer enough amenities. The residency seems incredibly easy compared to pretty much of all SE Asia. I’m looking forward to exploring this beautiful country. My advice, just leave the US. I’ve never been happier simply not existing in that high stress high cost environment.
I am going to share something that anyone considering to become an expat anywhere in LA. These things are even more strong if you are Canadian or 'Murican. In all countries of Latin American you will be always be the Rich Gringo and you will never be accepted as anything but that. If that bothers you then don't do something you will regret. If on the other hand, you understand this and you are willing to find your own happiness regardless of the locals attitudes then I wish you great luck and happiness. No that you read that part please do 100's of hours of research, take at least 4 trips to countries you wish to move to and open your eyes to reality. If you move to a poorer country and live like a king you will attract attention you don't want. If you can mask this and live closer to life of the locals they will eventually ignore you. Never, Never, Never lend money or discuss money with the locals. Avoid the discussion of your money, their money, anyone's money. No matter what anyone says, you stick to one script "I'm just a retired postal worker living on a pension." Nothing else, never discuss your assets even back home and never money
The price goes up here as soon as a gringo enters the equation. Real estate online like Remax is already overpriced but other properties advertised without a price you need a local to call for you. The gringo bingo is strong here!!
All your points are perfectly valid, and the effects of a potential and inevitable influx of refugees from the Woke countries on the local population, property and rental costs and labor salaries are totally expected. So what's the real answer anywhere?? Whether Paraguay or Albania or Cambodia?? Plan B and even cheap retirement will become impossible to the vast majority of people!
@@NomadElite Everything will go haywire when hundreds of thousands of people under the Woke lunatic governments want to take refuge in a place like Paraguay.
You are correct. If we zoom out, Woke West is being populated with migrants from the South for political reasons and developing countries are being flocked with Westerners fleeing the Woke nonsense + CBDCs, taxes, wars, ... In this context, it's hard to know what to do. However, the trend of destruction in the West seems clear. Following a risk approach, don't stay in the West or be prepared if you stay there. I feel like if you want to move to a developing countries, perceived as safer, do it ASAP before visa and residency are too expensive or impossible. It's an open discussion. Many of us are in unchartered territories.
Just go ahead. You don't know when the gate will close but i would say that you have at least 4 months. I would actually suspect that it is not a price increase / public discontent that will close visas but another pandemic or the start of a global conflict.
You normally have about 3 months notice. You don't change residency rules in a week. For example some countries are changing requirements. But by end of June. So 3 months. It will either continue to the end of the year. Or be 3 months from notice. So you're fine👍
prices goes up due to money printing and debt nothing else investments are good for a country more paid jobs more taxes for public service basic economics
Nobody wants to invest in crypto when it's boring and trading sideways for months or even 1+ year. Everyone gets in on the action when things are up, WAY UP! The same pattern can be seen with residence permits. Not all, but many people will procrastinate until they're late to the party.
Since residency is based on where you live, you become a "tax resident" when you start living here and have a national ID. Once you have that, if you work you have to get a tax ID and start paying taxes. You could immediate start a company and start paying taxes through the company as well. Normally, people are more worried about when, or if, they can stop paying taxes in the old country. That depends on the old country and the tax laws of that country.
I am an Iranian who has been doing crypto and forex trading for several years and due to the international sanctions against the Iranian government, unfortunately we cannot authenticate (KYC) and I need a different ID card and bank account. And I have no desire to immigrate to anywhere . I follow you on RUclips and always use your good content. Now, according to my conditions, please guide me whether I can get ID card easy (TR then PR)
It’s going to be impossible for me to explain value to someone who doesn’t look beyond price point. We offer free bank account opening, complimentary training, free consultations on other aspects, and much more. With us, you buy an experience and the highest value in the industry. The “others”, low value competition, offer merely residency services. You can’t compare apples to oranges. In your case, I recommend you to find a different apple. We’re a high value business and we carefully select the clients we work with. In fact, we reject people all the time for a number of reasons. Best of luck!
Higher prices in Paraguay are driven by supply and demand, just as they're driven by these metrics everywhere. Food prices have seen an uptick, starting in shopping malls and supermarkets. The same goes for real estate, everything is up.
Those of you who remember the former permanent residency by bank deposit option know that all good things come to an end eventually. Once a country's milestones have been reached, changes are expected, including changes in the requirements needed to obtain temporary residency.
Residency visas take longer to process as more applications are being submitted.
To answer the question as to whether Paraguay's current residency program is coming to an end - yes, it will. It's written in the stars. There's a narrow time window, so you better grab it before it's too late. When exactly will it happen? I believe that you know that I have more information at hand than you do, and that's why you're following this channel. The mystery will continue!
I am looking at either Paraguay or Uruguay to emigrate to.
Atleast it's not Canada, 10% pop growth per year, virtually all from India... you can imagine how that's going and where it will lead
Same as Down Under
@@stewartcash555 Goondehs there too?
That's the problem with being an expat. Countries change laws and economic activities decline. Locals change their attitudes toward foreigners and what was once paradise ends in disappointment. My advice is always have a plan to move on.
In general I agree, BUT Paraguayan culture is based on welcoming and accepting others. I don’t believe in a year everyone is going to hate all foreigners. Being welcoming is deeply embedded in Paraguayan culture more so than other Latin American countries… like Argentina who is very exclusionary. Paraguay doesn’t share the same negative history or proximity that places like México or Colombia have either. So I don’t predict this/share the same fear as long as foreigners spread out.
Malaysia is the prime example of the result you described!
Thank you Ryan!
In a nutshell, Paraguay will, at some point, stop offering residency because locals perceive (maybe correctly or incorrectly) that foreigners are the reason for the lower affordability of things in the country. Nothing new here. The question to ask yourself is: how does this price increase happen? Is it really the fault of foreigners or greedy business folks inside the country trying to make as much cash as possible out of incoming foreigners?
My advice: be a responsible foreigner. Integrating yourself with locals and seeking to limit your impact. When we overpay for land or buy land to speculate we impact locals and this is unacceptable. Those folks let us in.
Lots to think about!
Inflation happens by supply and demand, not greed
I would just want a humble house in a peaceful and safe location around an hour drive from a city.
Easy to find, try San Bernardino!
As a simple, hardworking family man, there is a lot to like about Paraguay. I have been looking at it for a few years now. It is my Plan B for leaving Canada. Portugal was my plan A but there were too many things with Portugal that I didn't like. We are hoping to visit Paraguay in 2025.
Sounds like Paraguay might be right up your alley 😊
I don't think Paraguay will be like Thailand, Brazil, or Colombia. There are hardly any direct flights there, It takes a while to get to Paraguay, and like you said, there's no beach. Even if Brazil has more strict entry laws for some countries, people would rather go there and Colombia.
This logistical problem works in the favor of expats who appreciate what Paraguay stands for.
@NomadElite I totally agree and love that it's this way!!!
@@jaws2003There is a direct flight from Madrid (Spain) If you are in Europe......
For every pot there's a lid, right!
@henningbartels4445 I wish I had that flight path, but I leave out of Orlando,Fl. So I have to fly from Orlando to Panama and then Panama to Asunción. They used to have a direct flight from Miami, but not anymore. It's only cargo flights now.
If you believe it will work out, you’ll see opportunities. If you believe it won’t, you’ll see obstacles.
To answer the question of whether I have a girlfriend, the mystery continues! 😅
OK I’ve been coming to Paraguay for a year now I’ve been staying in San Lorenzo. The problem with San Lorenzo is not the people it’s not the housing. It is the inner structure of the country no water they get their water cut off constantly and their power I do not understand how the citizens do not complain more or hold their politicians and their utility department. Accountable for the problems
A lot of popular expat locations are either on a beach or they're up in the mountains with a spring like climate. I prefer the mild climate type with scenery after spending years working in some of the hottest areas of the U.S. But every popular expat area worldwide has gotten significantly more expensive due to the demand after being pushed as an ideal place to live. Paraguay seems doable if you're willing to compromise. Has too hot a climate for many, has infrastructure issues, no ocean beaches, no high mountains, a lot of poverty. Locals have figured out that Villa Morra and a few similar neighborhoods have a lot of appeal for foreigners and are charging accordingly. After a lot of enthusiasm initially I'm trying to decide if it's worth it to me. I'm leaning towards camping fulltime in the States but will keep looking at Paraguay. The U.S. isn't getting any cheaper.
Paraguay is just starting to develop; there are a few more cities are worth looking into!
I did the whole RV life thing for a year in California, it’s incredibly expensive still. I spent 7 months in Thailand, great place if you don’t mind the heat and jumping through visa hoops. I’m heading to Asunción in July, hoping it’ll offer enough amenities. The residency seems incredibly easy compared to pretty much of all SE Asia. I’m looking forward to exploring this beautiful country. My advice, just leave the US. I’ve never been happier simply not existing in that high stress high cost environment.
I have heard that you can get land for under $10k if you move out of major cities. Then you can make a container house and live in less.
True
I am going to share something that anyone considering to become an expat anywhere in LA. These things are even more strong if you are Canadian or 'Murican. In all countries of Latin American you will be always be the Rich Gringo and you will never be accepted as anything but that. If that bothers you then don't do something you will regret. If on the other hand, you understand this and you are willing to find your own happiness regardless of the locals attitudes then I wish you great luck and happiness. No that you read that part please do 100's of hours of research, take at least 4 trips to countries you wish to move to and open your eyes to reality. If you move to a poorer country and live like a king you will attract attention you don't want. If you can mask this and live closer to life of the locals they will eventually ignore you. Never, Never, Never lend money or discuss money with the locals. Avoid the discussion of your money, their money, anyone's money. No matter what anyone says, you stick to one script "I'm just a retired postal worker living on a pension." Nothing else, never discuss your assets even back home and never money
The price goes up here as soon as a gringo enters the equation. Real estate online like Remax is already overpriced but other properties advertised without a price you need a local to call for you. The gringo bingo is strong here!!
All your points are perfectly valid, and the effects of a potential and inevitable influx of refugees from the Woke countries on the local population, property and rental costs and labor salaries are totally expected. So what's the real answer anywhere?? Whether Paraguay or Albania or Cambodia?? Plan B and even cheap retirement will become impossible to the vast majority of people!
Thanks
@@NomadElite Everything will go haywire when hundreds of thousands of people under the Woke lunatic governments want to take refuge in a place like Paraguay.
You are correct. If we zoom out, Woke West is being populated with migrants from the South for political reasons and developing countries are being flocked with Westerners fleeing the Woke nonsense + CBDCs, taxes, wars, ... In this context, it's hard to know what to do. However, the trend of destruction in the West seems clear. Following a risk approach, don't stay in the West or be prepared if you stay there. I feel like if you want to move to a developing countries, perceived as safer, do it ASAP before visa and residency are too expensive or impossible. It's an open discussion. Many of us are in unchartered territories.
I would say it's not the woke who are leaving the west to come to places like Paraguay.
Hi, I'm planning to start residency end of April, do you think there is a risk ? Or the rules will not change by then ?
Just go ahead. You don't know when the gate will close but i would say that you have at least 4 months. I would actually suspect that it is not a price increase / public discontent that will close visas but another pandemic or the start of a global conflict.
You normally have about 3 months notice. You don't change residency rules in a week. For example some countries are changing requirements. But by end of June. So 3 months. It will either continue to the end of the year. Or be 3 months from notice. So you're fine👍
You're good to to, Tim!
Where is best to find land/homes for sale? There is no Zillow or Redfin
The Goverment say something about a possibly tax increase?
Shit, I never got on the plane to get there yet
You have time. At least 3 months from notice. Not yet given officially. Likely this is the last year. 9 months max then.
If you keep on advertising it, the stipulations will become more stringent! Stop right away and keep in under the table.
prices goes up due to money printing and debt nothing else investments are good for a country more paid jobs more taxes for public service basic economics
True
what's next? uruguay? chile?
To answer the question of what's next.. The mystery will continue! 😉
Do they even offer recidencies?
Peru, over looked now but 10 years time
100% agree with this video. Now is the time, in some years it will be much harder
Nobody wants to invest in crypto when it's boring and trading sideways for months or even 1+ year. Everyone gets in on the action when things are up, WAY UP! The same pattern can be seen with residence permits. Not all, but many people will procrastinate until they're late to the party.
Quick question: with temporary residence will you be considered tax resident also?
Since residency is based on where you live, you become a "tax resident" when you start living here and have a national ID. Once you have that, if you work you have to get a tax ID and start paying taxes. You could immediate start a company and start paying taxes through the company as well.
Normally, people are more worried about when, or if, they can stop paying taxes in the old country. That depends on the old country and the tax laws of that country.
I am an Iranian who has been doing crypto and forex trading for several years and due to the international sanctions against the Iranian government, unfortunately we cannot authenticate (KYC) and I need a different ID card and bank account. And I have no desire to immigrate to anywhere . I follow you on RUclips and always use your good content. Now, according to my conditions, please guide me whether I can get ID card easy (TR then PR)
Paraguay is not for North American expats life, but lots of Chinese there for thousands unfinished projects...
Lots of Americans are moving to Paraguay!
You are in Texas that's a plus. Yet you are cost more than similar company's.
It’s going to be impossible for me to explain value to someone who doesn’t look beyond price point. We offer free bank account opening, complimentary training, free consultations on other aspects, and much more. With us, you buy an experience and the highest value in the industry. The “others”, low value competition, offer merely residency services. You can’t compare apples to oranges. In your case, I recommend you to find a different apple. We’re a high value business and we carefully select the clients we work with. In fact, we reject people all the time for a number of reasons. Best of luck!
No offense Paraguay is no Portugal 😂😂😂
True
But unfortunately still foreigners are coming.
Keep blasting about paraguay being cheap and easy 😂@@pedrojulio1960
Thanks , you provided a lots of knowledge , I like paraguay toomuch , from karachi , Pakistan.
Can you get a gun with temporary residency?