Money, banks and financial advice

It’s about money

Paraguay is a very beautiful country. Many people would like to emigrate from Germany (AT/CH) and live in Paraguay. Even more people would like to have a second leg to stand on in Paraguay or at least invest their money with good returns and safe here. An investment in Paraguay still promises good returns in 2021!

All these plans have one thing in common: It’s about money.

Cedula is ready and now?

Once the residence permit is granted and the cedula is made, the next step for many people is to open an account at a bank. Since the beginning of 2020, this step has become a lot more complicated. Only very few banks in Paraguay are still willing to grant accounts for emigrants in 2021. Especially the receipt of remittances from Germany seems to be so much work for the banks that they prefer not to do this in mass.

The stock exchange in Asuncion offers many possibilities

Is the account settled or do you want to buy securities directly from your account in Germany? From an investment of Gs. 100 million (about Euro 15.000,-) it is possible to get up to 12% return in Paraguay. Compared to cooperatives, the risk is lower, since stock exchange companies are constantly audited and also often have a better credit rating. In addition, these securities can also be sold during the term, which is not possible with fixed deposits through banks or cooperatives. In short – the stock market is a very elegant way to move medium to large life savings to Paraguay and secondly to get excellent returns with manageable risk. You can find out more about this on the page: Investing with Paraguay professionals.

We accompany you with pleasure with the money investment in Paraguay

We would like to accompany you personally with your investment in Paraguay. Whether with banks, cooperatives or even through the stock exchange of Asuncion, we will help you. Also the import and the exchange of cash are no problem with our help. You can find more information on the page: Investment with Paraguayprofis

Company formation in Paraguay

If you want to do business in Paraguay, you have the right to do so with a residence permit and cedula. The team of Paraguayprofis also includes a contador (tax consultant), with whom we apply together for a personal tax number RUC for you at the tax office. If you have bigger plans, we can also establish your own corporation (S.A.) together with you. You can find more information about this on the page: Incorporation in Paraguay.

There are still questions

If there are still open points that you would like to clarify with us, then you have the opportunity to benefit from our experience in 10+ years in Paraguay during a personal consultation. We have been able to help many people with their emigration to Paraguay.