The car market in Paraguay is an important part of the country’s economy and has experienced significant growth in recent years. One of the main reasons for the growth of the car market in Paraguay is the increasing purchasing power of the population. In recent years, the country has experienced economic growth that has resulted […]
The school system and education in Paraguay differ significantly from the US/EU in some aspects. Some of the most important differences are described below. School system in Paraguay The school system in Paraguay consists of elementary school (educación escolar básica) and secondary schools (educación escolar media). Attendance at elementary school is compulsory for all children […]
Inheritance laws govern the distribution of a person’s assets after their death. These laws differ from country to country, with each nation having its own unique set of rules and regulations. This essay will compare and contrast the inheritance laws of Paraguay and Germany. Codigo Civil Paraguayo Paraguay’s inheritance laws are primarily governed by the […]
If you have plans to invest in real estate in Paraguay, you might want to inform yourself well beforehand. Only those who know the basics about the real estate market in Paraguay can also make a good long-term decision. This applies to the purchase of a property in Paraguay for personal use and applies doubly […]
If one follows the media reports of late about the rise of China or the BRICS countries, then the end of the supremacy of the USD as the world reserve currency seems only a matter of time. In this article, we will take a closer look at whether such a change is realistic or just […]
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The year 2022 has brought many changes in Paraguay As I write this article, the year 2022 has only a few days left. A good time to review the very eventful year 2022. On the one hand with a focus on Paraguay, but also on many events in the world. Anyone who looks at the […]
A new immigration law since October 2022 On Tuesday, Oct18, 2022, the President of Paraguay enacted a new immigration law in Paraguay with immediate effect. This law had been in planning for several years and was being drafted in Parliament from September 2021. In September 2022, the bill was also approved in the Senate […]
Inflation and interest rate in Paraguay 2022 In 2022, the increase in prices is a major issue worldwide. The largest economy in the world (USA) reports a year-on-year increase in prices of around 9.1%. These are the official figures. According to the website: http://www.shadowstats.com, it should even have been 16.8% by July. In the EU, […]
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Taxes in Paraguay – a fair system For some years now, Paraguay has also had a tax on income (IRP). This is calculated on income, not so much on expenses. Whereby as a sole trader with a tax number (RUC number) you can offset your business expenses AND your family’s expenses. Yes, you read that […]
The minimum wage in Paraguay In Paraguay there is an authority (Conasam) which keeps an eye on the development of prices every year. An increase in prices is also called inflation. This price increase is then compensated by this authority by raising the minimum wage. A wage increase subsequently takes place for employees on 1 […]
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