The year 2022 in Paraguay

Bulle und Bär

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 […]

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Inflation and interest rate in Paraguay 2022

woman sitting behind a desk using laptop and looking at items on a receipt

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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State budget and taxes in Paraguay 2022

Zwei Steuerbeamte

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 […]

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Higher minimum wage in Paraguay from July 2022

Handwerker bei der Arbeit

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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Paraguay breaks up with COVID-19

Parguayan woman

The health emergency was lifted On 10 March 2020, the President of Paraguay, Mr Mario Abdo Benitez, had declared the national “Aislamiento Preventivo General” (Health Emergency). This laid the foundation for numerous measures in the course of containing the SARS_CoV_2 virus. These measures were originally set to expire on 12.4.2020, but ultimately lasted for more […]

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Apostille from Germany is now valid in Paraguay!

Since 26.01.2022 the Apostille of Germany is accepted in Paraguay Since Wednesday, 26.01.22 it is officially confirmed by Paraguay! From now on all documents from Germany can be certified with the “Hague Apostille”. This is a big step for the people from Germany, because now it is much easier and faster to get the documents […]

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