A recent joint report by OECD, CEPAL, CIAT and BID (August 2025) confirms: Paraguay ranks second in Latin America with the lowest value-added tax (VAT). While many neighboring countries apply VAT rates between 16% and 21%, Paraguay maintains a standard VAT rate of just 10%. The “Triple 10” System Paraguay is renowned for its “Triple […]
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As of July 1, 2025, Paraguay will implement its scheduled adjustment to the national minimum wage. This change follows the standard procedure, carried out annually in June by the National Minimum Wage Commission (CONASAM), based on inflation data and enacted through presidential decree. New Minimum Wage for 2025 According to Decree No. 4122/2025, the new […]
Asunción, the capital of Paraguay, is currently experiencing a remarkable surge in international attention—especially among digital nomads. According to recent data from Nomads.com (formerly Nomad List), the city’s popularity among remote workers has increased by an impressive 198% year-over-year. This puts Asunción at the very top of the “Fastest Growing Remote Work Hubs 2025”, ahead […]
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Today, we are talking about Paraguay as an alternative in 2024. We are going to focus on people who can particularly benefit from living in Paraguay. You can find a link to this article on youTube here: https://youtu.be/SRv8U7FHiEw?si=Px5U8zNKfaaVguNL Paraguay for retirees The traditionally largest group includes individuals with a fixed and location-independent income, such as […]
An increase in prices over a certain period of time is referred to as inflation. In most countries, the respective central bank is responsible for this increase in prices. The key interest rate is also determined by these same central banks. Both instruments work hand in hand and thereby control the economy. For the euro […]
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 […]
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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