Why do high net worth people choose Paraguayan passports?

Paraguay passport can solve all your immigration needs.

National strength, economic level, children's education, social welfare and other factors are the main considerations for most people to choose immigrant countries. However, some people choose Paraguay passport in another way, which is a rising star in immigration projects in recent years. Although Paraguay does not have the aura of a big country, it attracts many people with immigration needs by virtue of its unique advantages!

Among the popular passport items at present, Paraguay passport attracts many people because of its small investment and short processing cycle. Next, let's look at six types of people who are suitable for Paraguay passports.

First, big asset customers.

For Paraguay, everyone is probably still a stranger. The application for Paraguayan passport by big asset customers is definitely not for past lives. They chose Paraguayan passports because they can avoid taxes reasonably and keep their assets confidential.

Moreover, Paraguay's passport application speed is fast, and you can get a passport in 6 months at the earliest! Greatly save time and cost!

Second, customers who don't want to spend too much money on immigration.

Customers want to apply for overseas status, but they don't want to spend too much money. Paraguay passports are all settled! At present, Paraguay passport is one of the cheaper passport items in the market, with simple application conditions and no residence requirements.

Third, customers with global demand.

If your job or business requires international travel all the year round, or you like to travel around the world, then a Paraguayan passport can make it easier for you to travel around the world. Paraguayan passports are visa-free in more than 135 countries and regions, including Britain, Schengen countries, Singapore, Taiwan Province Province and Hongkong.

Fourth, customers who need to change their tax resident status and avoid taxes reasonably.

Paraguay has no property tax, gift tax and inheritance tax. Paraguay has not yet joined CRS, and its overseas income and capital gains are "zero" tax. Therefore, for high-net-worth customers, having a Paraguayan passport can reasonably alleviate the pressure of excessive tax burden.

Fifth, enterprises need to go public overseas.

With Paraguayan passport and Paraguayan nationality, you can easily open an account abroad, list companies and allocate assets globally.

Sixth, customers who have high requirements for their children's education.

Many parents want to send their children to international schools, but what if they don't have foreign status? Getting a Paraguayan passport is a way out.