Tax residence refers to the status of a natural or legal person who is subject to taxation in the country based on their income, assets and economic activities (in this case, Paraguay).

In Paraguay, there are 2 ways to be considered a tax resident. The first option is to spend 120 days a year within the country, while the second is to have the RUC active and thus you don't need a minimum of days (both need to have a temporary or permanent residence permit).

Temporary residence in Paraguay is a legal status granted to foreigners who wish to reside in the country for a specified period without becoming permanent residents. The temporary residence lasts 2 years and you have to visit the country every 12 months so it doesn't expire. After these 2 years, you can become a permanent resident and you should only visit the country every 36 months so it doesn't expire.

To apply for temporary residence, you must submit an application for temporary residence to the General Directorate of Migration (DGM) along with the required documentation. With our Elite team, you will have priority access to this body and your request will be processed in record time.

The requirements for temporary residence include a valid passport, a criminal background check, a birth certificate and other documents depending on your specific case.

The cost of living is relatively low compared to other regions in Europe and the USA. Expenses vary depending on your lifestyle and location, but in general, housing, transportation and food costs are much lower.

With residence no, with passport YES.

Paraguay's official currency is the Paraguayan Guarani (PYG). You can also withdraw EUR/USD at the ATM, but they are not very popular on a daily basis.

Paraguay is considered relatively safe for foreign nomads, but it's essential to take some safety precautions, such as avoiding certain areas at night and being cautious with personal belongings.

Paraguay has a public health system that provides basic medical services to residents. However, expatriates tend to prefer private healthcare because of its higher quality and efficiency.

Yes, you can drive in Paraguay with your foreign driver's license for up to 90 days. Afterwards, you'll need to obtain a Paraguayan driver's license.

Finding accommodation in Paraguay is relatively easy, especially in urban areas. You can choose from a wide variety of options, such as apartments, houses or private condos.

Yes, you can open a bank account in Paraguay by presenting the necessary documents, such as a residence card, passport and proof of address.

The income tax rate in Paraguay is 10% for residents, while non-residents are subject to a 15% withholding on income of Paraguayan origin.

Paraguay offers a territorial taxation system, which means that foreign residents only pay taxes on income derived from Paraguayan sources.

The sales tax rate in Paraguay, known as Value Added Tax (VAT), is 10% on most goods and services. Some basic necessities have a reduced rate of 5%.

Residents must file their taxes annually with the Paraguayan Tax Administration (SET) through an online system. VAT returns are made monthly. Non-residents with income from a Paraguayan source must also declare and pay their taxes.

Usually, the rest of the countries are not as persecutory as Spain. In the case of Spaniards, both the days of residence in Spain (less than 183d), the available housing, the center of economic interests and the family situation are taken into account. If you have residency problems, you can use the double taxation agreement made official in 2024 to your advantage with the tiebreaker rules.

It's impossible to be 100% sure that you won't have an inspection, and anyone who tells you otherwise is lying to you. However, if you follow our strategies to the letter, you can avoid such inspection as much as possible. And if the requirement comes, you'll have the confidence and peace of mind to win it.

Yes. Having one of the 2 legal forms to be considered a tax resident (120 days or ACTIVE RUC), the relevant administration will give you a certificate of tax residence valid for 1 year, which you can use to complete MODEL 030 (if you are Spanish and want to disassociate yourself).

It depends. However, for me it is. You are not required to be in the country and you have safer and more secure structures, plus you can be a tourist in Dubai for 3 months and then re-enter another 3 months. However, if your idea is to live full-time in Emirates, we can help you first hand to settle in the Emirati landscape.

Paraguay's education system consists of public and private schools, offering preschool, primary and secondary education. There are also international schools for expatriate families.

The official languages of Paraguay are Spanish and Guaraní. Spanish is the main language for business and government, while Guaraní is spoken by a huge part of the population.

Paraguay has a subtropical climate with hot, humid summers and mild winters. The country experiences heavy rainfall during the summer months. The best months are April-May and September-October.

Yes, foreigners can buy property in Paraguay without restrictions. However, it's crucial to work with a trusted lawyer and real estate agent to ensure an Elite process.

To obtain permanent residence, you must first have temporary residence for at least 2 years and meet the necessary requirements, such as having a clean criminal record and demonstrating financial solvency.

Yes, Paraguay offers a retirement visa for foreigners who can demonstrate stable monthly income from pensions, investments or other sources.

The minimum wage in Paraguay is subject to change, but in 2024 it is approximately 2,798,309 PYG per month (about 370 USD). Depending on the amenities you want to have, it may be interesting to hire the services of a chauffeur, assistant, cook, cleaner or caregiver.

To obtain Paraguayan nationality, you must have permanent residence for at least 3 years, demonstrate good moral behavior and have basic knowledge of Spanish language and Paraguayan history. It is also necessary to renounce the previous nationality (sometimes). Equally for Spaniards, dual nationality is accepted and there is no such problem.

You must have created links with the country during the 3 years of permanent residence (a requirement for applying for nationality by naturalization). You have to visit Paraguay and carry out certain procedures in person to also obtain your passport (during the application).

The Yellow Fever vaccine is mandatory 15 days before arrival if you come from very specific countries. Other vaccines may be recommended, especially if you plan to visit rural areas. Other possible vaccines, which are not mandatory, are Hepatitis A, Typhoid Fever and some routine vaccines such as MMR and Tetanus.

Tax residence refers to the status of a natural or legal person who is subject to taxation in the country based on their income, assets and economic activities (in this case, Dubai, United Arab Emirates).

In Dubai, there are 2 ways to be considered a tax resident: you must spend 90 days within the Emirates, or you must have your center of vital interests there (1-year rent). In addition, you need to visit the country once every 180 days so that your VISA does not expire. And if you require an international residence certificate, you must spend 183 days inside the Emirates.

A VISA in the Emirates is a legal status granted to foreigners who wish to reside in the country for a certain period without becoming permanent residents. The VISA lasts 2 years and you have to visit the country every 6 months so it doesn't expire. After these 2 years, you can renew that permit and have another 2 years available, or many take the step to obtain the GOLDEN VISA, which allows them to stay in the Emirates for 5 years (and 5 more renewable years). As of July 2024, the latter has a price of AED 2M (approx $500k).

99% of the time, you will create a Freezone or Mainland, which will grant you the possibility to issue a certain number of Visas. You will process the E-VISA remotely and from outside the Emirates, so you don't have to pay for the Change of Status. Then, you'll get your medical checkup, biometrics and Emirates ID. You need to have private Emirati insurance to get it.

I don't recommend the Freelance VISA modalities if your idea is to tax in UAE (only if you want to live there longer than the 3 months allowed).

The cost of living is relatively high compared to other regions of Spain and LATAM. Expenses vary depending on your lifestyle and location, but in general, housing and food costs are higher. But it's still lower than big cities like Paris, Miami or New York.

The official currency of UAE is the Dirham (AED). However, you can also withdraw USD at the ATM.

Dubai is considered by many to be the safest city in the world.

Yes, you can drive in Dubai with your foreign driver's license for up to 90 days. After that, you'll need to obtain an Emirati driver's license.

Finding accommodation in Dubai or the Emirates is relatively easy. You can choose from a wide variety of options, such as apartments, houses or private villas. Depending on the zone you choose, the cost can be x2, x3 or even x10.

Yes, you can open a bank account in Dubai by presenting the necessary documents, such as the Emirates ID (sometimes the Ejari).

The income tax rate in the Emirates is 0% for residents. The 9% that exists is at the corporate level.

No. In the last modification of the corporate tax, they explained that any entity that is directly or indirectly owned by more than 50% (and does not pay at least 9% in source), this 9% will be included to regulate it. In addition, if the company's management is doing it from Emirates, it pays like an Emirati Freezone. I only see the point of a US LLC when you want to have a double layer of security, or different business channels without having to create several Freezones (using only your UAE holding company for VISA and protection).

The sales tax rate in the Emirates, known as Value Added Tax (VAT), is 5% on most goods and services.

Residents must file their taxes annually with the Federal Tax Authority (FTA). VAT returns are made quarterly (even if they are pure zeros). If you work with us, we will refer you to the leading agency in Dubai;)

Usually, the rest of the countries are not as persecutory as Spain. In the case of Spaniards, both the days of residence in Spain (less than 183d), the available housing, the center of economic interests and the family situation are taken into account. If you have residency problems, we will use the double taxation agreement to your advantage with the tiebreaker rules so they don't creak up on you. But it's important, since I like to do things right, to have a residence certificate available.

It's impossible to be 100% sure that you won't have an inspection, and anyone who tells you otherwise is lying to you. However, if you follow our strategies to the letter, you can avoid such inspection as much as possible. And if the requirement comes, you'll have everything to win.

Yes, the problem is misinformation on the Internet. With only 90 days, Emirates gives you a local certificate for domestic purposes, while if you need an international one, you will be given a certificate of tax residence - valid for 1 year - after spending 183 days in the Emirates, which you can use to complete MODEL 030 (if you are Spanish and want to disconnect).

It depends. However, I prefer Paraguay. If your business applies, you pay fair taxes without being forced to live long in the country and with safer and more protected structures, plus you can be a tourist in Dubai for 3 months and then re-enter another 3 months. However, if your idea is to live full-time in Emirates, we can help you first hand to settle in the Emirati landscape.

The official language of Dubai is Arabic. Arabic is the main language for business and government, while English is what is used on a daily basis to communicate.

Dubai has a desert climate with extremely hot summers and mild winters. During the summer months, temperatures can reach up to 50°C. In winter, temperatures are more pleasant, ranging from 14°C to 24°C. The best months to visit are from November to March.

Yes, foreigners can buy property in Dubai without restrictions. However, it's crucial to work with a trusted lawyer and real estate agent to ensure an Elite process.

No. The vaccine for Yellow Fever is mandatory if you come from a country where it is endemic, in which case you will need proof of vaccination against it. Other recommended vaccines include Hepatitis A, Typhoid Fever, Rabies and Tetanus.