Moving to Paraguay in 2024 - Paraguay Tax Residency (David's Experience)

Moving to Paraguay in 2024 (David's Experience)
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Paraguay's tax residency is one of the main reasons why digital nomads see Paraguay as a plan B.
Paraguay is a small landlocked country in South America.
Today David talks about his experience leaving Canada, renouncing Canadian tax residency and establishing Paraguay tax residency.
Whether you want a second residency in Latin America, or eliminate your tax burden, Paraguay is a country worth considering.
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Пікірлер: 29

  • @gregducati999
    @gregducati999

    i have paraguayan residency, if you value low taxes and freedom you cant beat it, if your want efficient services its not the place to go, its for super independent minded people,

  • @kippsguitar6539
    @kippsguitar6539

    Temperature always beautiful? I studied Spanish in Paraguay and I can tell you it's incredibly hot in summer, and I have lived in the tropics most of my life, crazy hot, lovely people, he said yes from Canada but his English isn't native by any means, I don't get that, Quebecois maybe but David Lambert? Makes no sense

  • @Learned333
    @Learned333

    The housing situation is similar in the U.S. The Internal Revenue Service (IRS) gives full time foreign expats the Foreign Earned Income Exclusion of $120,000 per year of personal income or business income exemption. However, if you still own a primary house in the U.S. it must be rented out to someone in order to qualify for the exclusion. And that someone cannot be an immediate family member. So if a U.S. expat is having issues renting their house, they can put their exclusion in jeopardy. You'll have to also check to see if there are any countries that are excluded from receiving the Foreign Earned Income Exclusion per the IRS.

  • @Adnancorner
    @Adnancorner

    do you have a lawyer service for this ? I am not from the western countries but I would like to apply for the residence in Paraguay.

  • @charliefenix8096
    @charliefenix8096

    😂😂😂its really hot here… the humidity is disgusting…with no beaches..

  • @user-wt5jc6nb9b
    @user-wt5jc6nb9b

    sounds great 🇵🇾😂👍👍👍👍⭐⭐⭐⭐

  • @NomadElite
    @NomadElite

    Subscribe to our newsletter to learn more about living in Paraguay.

  • @henry-5676
    @henry-5676

    Sounds good, will visit soon. Greetings from Thailand

  • @randallgoulet1550
    @randallgoulet1550

    Is it easier to go to Paraguay and file for residency there?

  • @alienonu5479
    @alienonu5479

    Perfect !