The Switzerland of South America?
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- čas přidán 18. 05. 2024
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Today, we unveil two of South America's best-kept secrets: Uruguay and Paraguay. Often overlooked in favor of their more prominent neighbors, these hidden gems offer a unique blend of breathtaking landscapes, favorable tax regimes, and unparalleled personal freedom.
Whether you're contemplating retirement, seeking business opportunities, or simply craving a change of scenery, Uruguay and Paraguay offer compelling possibilities for the intrepid explorer.
00:00 Start
00:51 Taxes in Uruguay
2:55 Lifestyle and Affordability in Uruguay
3:53 Personal Freedom in Paraguay
5:48 Political and Social Differences
6:25 Are Residence Permits Easy to Get?
8:49 Quality of passports in Uruguay and Paraguay
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Spent time in both and I personally prefer Uruguay for the scenery at Punta Del Este, and the overall safety too. Paraguay has cheaper meat, I stayed by Paseo La Galeria and Shopping Del Sur last year in Asuncion for 2 months, the steakhouses are awesome and cheap. That’s the new city center of Asuncion, it’s okay for staying for a while, but easily gets boring after a few weeks. The parks or rivers in the countryside has poor development.
Main problem being Paraguay is not as developed as Uruguay in the countryside, and the old cities are more run down. Plus there’s less natural scenery in Paraguay as it’s mainly a plain. Personally I’m used to country or suburban life in California Nevada and Colorado. Uruguay shares similar feelings when it comes to the quietness and lifestyle. Especially in the coastal suburbs in Montevideo. And near Trump Hotel in Punta Del Este, it’s sparkling clean, empty streets, modern buildings, fabulous too.
A trip from Montevideo to Punta Del Este shows the infrastructure of Uruguay is generally very good. And for big city lifestyle, Punta Carretas in Montevideo is very good too. Montevideo’s city life is way better than Asuncion, a daily bike ride by the sea is just fabulous in Montevideo. Lively and safe. Although the costs of things are way higher in Uruguay.
An issue I had in Uruguay was the internet speed in Uruguay, however with Starlink it should be great.
Paraguay for affordability. Uruguay for lifestyle.
The Dominican republic has 15 years taxes exempt.
No taxes on profits out side the state ,
You can benefit on using CO money as well no tax ,
It would also be, Uruguay, for me. Not, personally, fond of the otherwise, choice.😊
@@roger55es I haven’t been to Dominican Republic yet, it’s tropical so assumably it’s hot and humid, another reason I prefer Uruguay is it’s less hot, and in cold seasons it’s quite chilly. But still it sounds worthwhile to visit.
@@dakota-rt8kd Paraguay just seems to be a bit too frontier in comparison, I’m sure some might like it 😁.
Thanks for sharing, Tommy!
I'm an American and I've been living in Uruguay for the past two years, and I love it. In a lot of ways (especially healthcare) it's an upgrade from the USA. I feel safer, freer, and the only thing I really miss is cheddar cheese. The Spanish takes a lot of getting used to if you're only familiar with Mexican Spanish, and there is a fair amount of bureaucracy, but it's all manageable and part of the adventure. I have a software business in the US that pays the bills, and Uruguay, as a country with a population that isn't really growing, is very welcoming to new residents. I've heard that looking for work here is hard if you're a foreigner, so you should have your finances in order before coming.
@@jlennertz4018I've been thinking seriously about making cheese, but I also know myself well enough that I see the danger in it, that I'll feel the overwhelming need to do it at scale... I do NOT need to start another business right now!
Uruguay is America too
@@akkin228Hardly.
I think you can find some cheddar cheese online although is not that delicious and unhealthy as the American cheese haha
America del Sur, Mayor Tom@@majortom8047
I'm in Paraguay right now and it's hot like 104 f with humidity. Quality of life suffers in this heat.
Es igual que vivir en invierno en Laponia, solo podes permanecer dentro de tu casa, con la diferencia de necesitar un aire acondicionado en lugar de una estufa para no morir. Estoy en Asunción ahora y no es posible ni siquiera salir a dar una caminata.
Yo tenia pensado aplicar por la residencia pero con lo que contas creo que en vez me voy para Neuquen un hermoso lugar en el sur de Argentina, gracias por la informacion, el calor con humedad es lo peor para la salud
@@gloriabecker5515 I have my Paraguay residency but I'm considering southern Argentina also. Quality of life makes a difference.
I that's why I prefer Ecuador: Eternal Spring! No extreme heat ever 🎉
I’m from Texas.
Uruguayan here, working for the US and also have companies here.
I don't know personally Paraguay only via friends.
Uruguay is beautiful, people are kind (mostly lol)
Not so much crime etc
Lived 15 years in Punta del Este beautiful city, in winter it's a ghost town and a calm place.
Summer is when young people come.
The Majority of the population is in interior (countryside) then Montevideo (capital)
I lived in the states part of my life and I can compare both.
The problems with Uruguay are mostly regulation and import taxes.
There some free zones for exporting also.
But buying a car here will be 2 or 3 times more expensive, our gas is very expensive. IRAE tax
Hiring has it's issues very strong regulations on that
Taxed with brackets IRPF
DGI which is the tax agency is hard to navigate, you have to have a good CPA.
Mainly the next issue will be the government, we had for 20 years that was socialists in nature, added most of the red tape and regulations.
Lacalle Pou is more center, but he will not be relected and we will go back to a socialist government with no regard for budgets and government spending just giving stuff away.
Hope we can continue to be a great country, but we may go back if they go to wild with a big government.
Hope this helps a bit.
Thank you, very interesting.
Argentina it is then.
The bank deposit requirement for Paraguay temporary residency was removed in late 2022. Foreign-earned income is exempt from Paraguay taxes.
Also, if you want to live in a 95% European country, go to Uruguay; if you want to live in a 90% native american country, go to Paraguay.
And therefore the two official languages, Spanish and Guarani. Both countries are small economies and populations. Therefore, not to my liking.
@@TiagoLennertz - then go to China.
@@TiagoLennertzhave you considered Brazil/ morocco?
I have lived in Brazil for many years. I live in Southern Brasil so Paraguay and Uruguay are my neighboring countries. I have visited Morocco as I am originally from California, have always surfed, and Morocco has some of the best right hand point breaks in the world. But I would not return to Morocco for anything other than a short visit. @@My_Secret_ArtSketchbook
Good to know.
Thanks for the insight.
I've been to Paraguay twice and like it there a lot!!!
Where did you like in Paraguay?
I see you
@@rlmint I've mainly been in Asunción.
@@AustonHolleman oh yea!!! Gotta stay in thw loop.
I couldn’t express my gratitude enough for the information provided by NC. I not only learn something new but also useful every time.
These both are the best countries in south america these days! Im from Brazil and planning moving to Uruguay cause Paraguai is to much heat for me
Wow Brazil so how's the weather in Brazil? Appreciate your reply
@@My_Secret_ArtSketchbook So im from Southern Brazil where we have semi- temperate climate , we have cold winters and all defined seasons just similar to Uruguai And Argentina
How would you compare Argentina to Paraguay? And to Uraguay, though I think there's a big difference from Argentina now to Uruguay. My understanding is that Argentina is VERY cheap if you're coming with US or Canadian money.
But the economic challenges drive more crime. That's the story.
However, I know its not that simple in a place that big.
Are the places in Argentina that would be as safe as most of Uruguay?
Like you, I don't do well in very hot places. I suspect southern Argentina is cooler, but do people move there?
Is it cheaper? And safe?
And what can you say about the interior of Uruguay?
How far do you need to go from the city to find cheaper land/homes/etc. ??
Thanks for the info :)
Good job, guys!
I may not be a wealthy person yet, but when I reach my goals I sure plan on taking the steps you discuss on this channel. Thank you for the content and for opening up a different world view in my mind!
Same. I'm considered lower-middle class in Northeast USA. I had been interested in Thailand/Korea/Japan/Taiwan and stumbled onto NC channel about 5 years ago. I credit Andrew with giving me the push to finally act on the Panamá FNV just before the price jumped from $5K to $250K bank deposit. The plethora of info NC provides and the like-minded community can be an impetus for change in your life regardless of your financial station. The main limitation will be in doing more of your own research and preparation.
If you can afford the flights Paraguay is a good, inexpensive start adding a second residency.
Thanks guys!
Great advice!!
Great video!!
Love this video with Andrew & the Ladies. Peace soon. Out.
As a Norwegian who lived in Uruguay, I really liked the country, educated people, and well-developed cities, of course it's far from being the same as Switzerland, but if I were to choose which country to live in after Norway, it would definitely be Uruguay
I lived in Uruguay all my life, the society has been in decline for decades now, there is massive levels of theft specially in Montevideo, its no longer a relatively safe city. Cars and lifestile is generally quite expensive if you work within their economy. The state is huge relatively to the size of the population which puts a huge burden on everyone in terms of the cost of living. There are still some relatively safe spots if you get far enough from the capital and go to the east or far north. A couple of years back we got a chance to move from Uruguay to Australia, we're never coming back. We'll pay the high taxes in Australia and enjoy the superior geography just for tye privilege of not having to watch constantly over your shoulder and in all directions for someone comming after you or your children.
Agree, some gringos are day dreaming.
Sounds like Brasil. Those same things and gangs must be infiltrating their neighboring Country, looking for new turf , easier targets.
I agree somewhat. It's not that bad, especially if you live outside Montevideo
¿En Serio? Los talking heads no mencionan eso. ¡Que tristeza para los uruguayos!
Good point, not many stock pictures for Paraguay.
Uruguay is relatively unknown outside of football.
Many complain about Uruguay government is not fulfilling obligations in regard to permanent residency.
Hi Andrew. Thanks for the helpful details. Love seeing you both addressing topics like these; some more eye contact and friendly interactions with your co-workers/ co-presenters would make this type of content even more enjoyable. Keep up the great work.
Thank you for watching and for your feedback. We have our second CZcams channel "Nomad Capitalist R&D" where you can see more videos filmed with Nomad Capitalist staff: www.youtube.com/@NomadCapitalistRD
Thank you for the great videos! It'd be very helpful to mention what vaccine requirements the countries impose for residency. Our family considered Uruguay but it requires you to take an MMR vaccine in order to be granted residency so that is out of our list now.
A wise decision. You should only have that once. Getting that again would risk a high chance of shingles later. And worse if it's a new mRNA version like they're increasingly doing in the US and some others. Untested, of course.
Just curious, do you know if they require the old-school one everyone took as a kid, or the "new & improved" MMR mrna vaccine? There's a HUGE difference between the two.
@@SoulEternalPeaceWarrior77 Why would they care which one? TBH, I heard it's because of carriers from latin countries - do u know how many bad bugs you can easily catch from ppl in latin america compared to the West or developed asia? OMG! Anyway, you're supposed to NOT ever repeat even the old school MMR vaccine.
I'm surprised Uruguay citizens cannot have US visa free travel by now if Chile citizens have US visa free travel.
Uruguay's government was not assisted into a dictatorship and the assassination of their elected president as Chile was in 1972 by the USA. Nor was Uruguay's economy structured by the Chicago Boys from the University of Chicago so that the USA has deep hooks into the country like Chile has had. I am not surprised in any way that Uruguayans do not have visa free travel into the USA.
The rumor is that there's something in progress where they will have it in the next year or two. They used to have it, but a banking crisis a couple decades back in UY caused a lot of visitors to overstay and it kind of broke the program.
I was in Uruguay in Jan. There a 100% tax rate on cars. A 50k car is 100k
Same in Argentina. But a 10 yr old Corolla (which is all you need in these countries) is about the same money as in the US. But overall we did find Uruguay a bit boring (as Andrew said) and overpriced!
Didn't know that. Another minus to Uruguay.
From Uruguay, I have companies here.
The issue with cars is IRAE. Its a tax for cars and other luxury assets.
Based on also the displacement of the engine.
Custom are hell here in Uruguay, if you bring something taxes importing go from 30 to 120% or more.
DGI is the tax agency is very keen on getting you're money,
A lot of regulation, if you plan to move here get a good CPA that knows Uruguay.
The problem is we had a socialist leannin government for 20 years, had more center government for these past 4 years.
We might go back to a socialist schema, and this will be hell again.
😂😂😂
And you need a whole list of vaccines for the residency, that`s a no-go for me.
You don't need a modern car there. An early 2000s, 90s, 80s would do just fine for most people, and they can be had for cheap ($3k-$4k). You can get a VW bug for 3k in good running condition. Lots of parts for those classics and cheap to maintain. I saw lots of E30 bimmers, E28's etc. There's a bunch of older Peugeot cars (built like tanks which is good). But yeah, if you want something newer you'll pay with your life lol
But overall the country is way too expensive unless you own property (which is much cheaper than in the states) and even then it's still an expensive country. Southern Argentina, in the areas far away from the cities (and crime), is the place to possibly look at with its Philippine prices but modern amenities.
Thx
great presentation ...
Fun to see ur r&d channel hosts come on your main channel. ❤ all your content and susbribed to both channels
Check the weather in Asunción, Paraguay 🇵🇾 it’s like 100 Fahrenheit (40 Celsius) everyday 🥵🥵🥵 Much better in Montevideo, Uruguay 🇺🇾👍😍 it’s like 80 Fahrenheit (26 Celsius) perfect weather plus you got the beach 🏖️!! 👍😎🍹
uruguay is beautiful, the people are extremely nice and polite
I like Paraguay. But I would only want to live there about 6 months a year. It is just too hot.
You can go to Chile in the summer with the mountains and the cold Pacific.
Thanks for pointing out the political and liberty differences. I've also noticed how Uruguay has been sliding more and more to the Left the last several years. These things are important in considering where to live or get more passports.
yep, I lived there for a full year and there are tons of far left people, younger people are very similar to American woke people
Hi, do you have any experience or knowledge about Mauritius? Just recently discovered it and was impressed how well developed it is.
Absolutely! Mauritius is indeed a great destination with its unique blend of cultures, stunning landscapes, and growing economy. We recommend checking out our video where we discuss Africa's hidden gem in more detail: czcams.com/video/kD4wrRWHuzI/video.html
@@nomadcapitalist doesn't Mauritius have some issues with radical Islam and terrorism though? I'd rather stay away, imho.
@@nomadcapitalist it's really annoying how CZcams makes your comments disappear as soon as they're a tiny bit politically incorrect, especially when it comes to Islam. I was saying doesn't Mauritius have some issues with radical Islam and a potential for terrorism? Bali is also seen as a dream destination, and my cousin was almost killed in a big terror attack a while ago there.
A fair high-level overview IMHO. I think their takeaway is that both places are sleepy, one is better run but pricier, and the other is more free - but know that it's also corrupt (which has disadvantages and advantages, for example, in Paraguay you can pay or get a "fixer" to get/solve almost anything for a price, no matter the "rules").
Yeah on my trip up to Cuidad del Este on Route 2, just outside the first toll I got flagged down and met my first corrupt cop. Violation.. headlights must remain on at all times. Tried explaining I'm a tourist, no knowledge of local laws, could you give me a pass for my first offense? Answer: if you don't want to proceed with the legalities you can pay me in Guarani now. Regular fine is 500mil Guarani but I'll give you a break, just 400mil. After I did the quick exchange calculation and realized it's just $50 USD I just handed it over and was on my way!
@@scosal7100 Here in east Asia, no cop or law enforcement would do that (except in the philippines which is a corrupt vassal of the corrupt US), and if you ever suggested or offered a bribe, your rear would be in jail and prison faster than you can say "sorry".
@@scosal7100 So you paid a bribe only slightly less than the fine. Any decent cop will give you warning even in the US. 😆Thats ridiculous, no fair warning for stupid headlights on in daytime?! If it was a $100+ fine you surely would have issue and been in trouble. What if you didnt have the cash on you and the extortion goes higher? 😬
@@Wize817 I was annoyed because I only had 600 mil guarani with me for the trip. After spending the other 200 I Had a hard time exchanging USD on the way back to get more guarani for return tolls.
Hi Jovana!
@nomadcapitalist i got a tough one for ya. A US osteopathic physician wanting to get citizenship in the EU in a short/fast pathway, preferably in an English-speaking country. Not easy!
If you want action, then you take the ferry across the bay to Buenos Aires. If you want to chill ... Montivideo or any seaside community is a great place.
Paraguay is an oven. It is terribly hot there.
35 degrees at 9 in the morning lol
True
Asuncion? Or all over?
@@jmadventures9830🥺😩
Yikes that's why I prefer Ecuador: inexpensive w awesome climate. Eternal Spring 🎉 60-85°F year round
Really though, I feel like the Oxapampa-Pozuzo area, where I live in Peru, comes closer to being the Switzerland of South America. Because of the Austrian-German heritage, it has beautiful houses, european style cheeses and sausages, the best beef in Peru, all hidden in a temperate and fertile mountain valley where it never gets very hot or cold...
Hi mate, keep the great work with your educational videos firstly.
I have watched many of your videos but have never found anything that would apply to my situation so, maybe in future if you could make a video for all those in a similar situation as mine would be great.
I've got a Brazilian passport, Italian and the Australian (Place where I've been living in the past 21 years) passports. Ideally, I and my family would like to spend 6 months a year in south or eastern europe and 6months in Australia in a few years when we stop working. How can a person in a similar situation could benefit of instead of paying big taxes in Australia as a tax resident, but to be a tax resident in europe, not needing to buy or invest in the country because we already have the Italian passport?
Thanks
Would love to hear your opinion about Brazil. You seem to always miss the biggest country in South America. Even if not attractive at all, would like to hear the comparison to the other countries in what comes to a Nomad Capitalist strategy. Thanks!
You can see this short video where Andrew shares his thoughts on living in Brazil: czcams.com/users/shorts7iLUYf_HVtg
Until kick out of Lula Brazil not good place for invest. Now country heading towards some kind of neo Marxist state
Please don't talk about Paraguay we need to keep it a secret!
Andrew and his like don't care to protect a secret or the quality of life in Paraguay. Instead, they just want to sell the shiny penny to the expats and make some money. They will over sell Paraguay, like they do every other hot new expat destination, make their money, lower the quality of living for those that live there and then
move one . . . The 21st century carpet baggers.
It like he doesn't understand why gatekeeping is a thing
lol yes!!
Ecuador combines the best of Uruguay/Paraguay. It has low cost, high geographic diversity, and greater ease of permanent residency.
But right now isn’t nearly as safe
And its not really that cheap ei😊ther
@@jonnyqu8794 It's fine unless you are on the coast near Guayaquil or Esmeraldas. Areas around Quito and Cuenca are tranquilo. Noboa has done a pretty solid job of responsing to the threats. He's got a Harvard MBA and is really turning things around. I will return to EC for 7 months this year and feel perfectly safe. Safer than the Western US with ARs and Red Hats.
which one has the best FOOD????
Paraguay not. 😂
I'll stay with Argentina
Can you opine about the best places to live in Plata Land? Do you have any issues with crime/personal safety. I live in the U.S. so I'm used to moderate levels of crime. Situational awareness is key to avoiding victimhood.
Uraquay is expensive.
Both sound the same 😊
Uruguay:
Your foreign dividents/income taxed - No, thanks!
Several times more expensive than Argentina and Paraguay - No, thanks!
Montevideo is more boring even than Asuncion, never mind Buenos Aires, so - No, thanks!
100% tax on cars - No, thanks!
And vaccine requirement for residency.
Can you talk about safety of countries as well as weather when you speak about a country.
Uruguay has way too many cameras
Does Uruguay have residence programs?
You can watch this video for more insights about that: czcams.com/video/Gr0wNzJExj8/video.html
Can you do a video about Perú!
Hi, we have talked about Peru in this video: czcams.com/video/txXG1mTMwaY/video.html
I’m looking for visa free or visa on arrival for global travel
Does Jovana has her own channel? I would like to know more about her....
Our R&D channel features a number of our colleagues: youtube.com/@NomadCapitalistRD
We're both too old, face it 😭
Can you please Benchmark Argentina? Things are changing so radically fast, that a full analysis isn’t realistic. But the sooner someone starts the process the better the analysis and opinions can be. And in the meantime you could give updates, which should really highlight your EXCELLENT services to a much bigger audience. Yes? Thanks for considering it.
Wow Paraguay is as free as 1950s America and only has a 10% income tax??? That's really amazing because in 1950s America drugs were not illegal yet, small business regulation was almost nothing and even the gambling/ casino sector of the economy was regulated far less than today, you could buy very powerful fireworks in almost every state, even mail order them if you wanted, once again practically no regulation, gun freedoms were even greater than today (although not by much since many states have actually improved their freedom in that area from the 90s and early 200s where it was slipping away and starting to get back to that 1950s level of regulation). Paraguay would actually be freer than 1950s America if it's a 1 for 1 match with how things were done back then since the one down side about 1950s America was taxes were actually super high, around 75% for the highest bracket if I'm not mistaken.
❤
The problem for German people wanting to move to Uruguay is the double taxation agreement allows Germany to grab the tax whenever you sell stocks of German companies...
Paraguay 10 grams of cannabis and under for personal use is decriminalized. Uruguay as a similar legalization scheme to some US states but buying weed is illegal for foreigners. According to wiki
Yeah but who wants Paraguayan brick weed? It’s trash and you need all 10 grams to catch a buzz. Thailand is a much better option if cannabis is what you’re looking for 😉
Uruguay is the most expensive country in SA
Can’t decide between Argentina, Chile, Uruguay or Paraguay 😊
It's indeed a tough decision! We've discussed the pros and cons of these countries in our videos, which might provide valuable insights for you. Here are the links to those videos: czcams.com/video/JN6JhqFusPQ/video.html; czcams.com/video/UYs4DCEsdBI/video.html
@@nomadcapitalist Thank you ❤️
What about Peru??
😊
Jovana, the Serbian girl 😊
Paraguay tiene altisimos niveles de corrupción. Cualquier agente estatal se considera habilitado a exigirte un soborno aun por los trámites mas elementales, como obtener un licencia de conducir.
Y cuál sería el problema ? Eso es excelente !
@@juan-cv6pk ninguno, pagar los sobornos aqui es más barato que pagar impuestos en Suecia. Simplemente es una excelente demostración que el Estado es una banda de forajidos y mejor viviríamos sin ellos.
Jovana is gorgeous.
Especially with those glasses.
I have 2 sons 19yrs and 16yrs. I need a Plan B.
I ve escaped Switzerland, it is a small country boring to the max..
Where did you go?
@@vioreliachim5646 Italy and now in Asia... much better quality of life... avoid Swiss... for bank is ok ... for the rest... up to you
While Uruguay has for years propped up its financial industry to serve foreign customers, it also leads Latin America in Western decadence, as Andrew mentioned.
What? How can you compare Uruguay as the Western decadence leader? One weekend in Rio de Janeiro or Mexico City or Medellin would be the equivalent of several decades of Western decadence in Uruguay.
"Western decadence", like modern plumbing and cleaner water. Dios mio!
Me like decadence of almost any stripe...@@TiagoLennertz
I lived in Uruguay for a year, do not recommend if you aren't white, tons of racism over there. Population's very far leaning as well.
Very far leaning in which direction? ⬅ or ➡?
Uruguay doesn't give you a passport.
People need to pay tax for foreign assets? Now I am glad to be Hongkonger.
The problem in Paraguay is you have Hamas and Hizbollah operating there in the drug trade to raise capital for their own operations in the Arabic world.
Those places have already been. Z i o n i z e d
Nomad Capitalist...you're about two generations too late...as there are few options with such a weak currency.
In the 60s I believe it was Foder's that had a guide entitled...Europe on 5$ a day....Now it's 500
Thx for deleting my comment. Consequences. Btw as a Swiss, absolutely incomperable, not even taxes.
That could be YT or the channel. Lucky you weren't banned instead by some tyrant - both YT and this channel are infamous for that. Content is interesting but censorship is NOT cool.
The only thing in Uruguay that is swiss - the prices.
@@vioreliachim5646Wrong. There is a town called Nueva Helvecia (New Switzerland) that was populated by Swiss immigrants in the late 1800's, and it's still retained a lot of Swiss culture. It's where "queso Colonia" comes from, which is a Swiss-style cheese and practically the national cheese. I was in a chocolate shop there last week, and the owner still wears the full regalia, lederhosen and all.
@@jasontoddchampion Wrong. The cheese got its name from Departamento Colonia. Swiss colonies are all over South America, not only Nueva Helvecia.
@@vioreliachim5646No. It got its name from Colonia Suiza, en Departamento de Colonia, where it was invented. Colonia Suiza later changed its name to Nueva Helvecia.
Chile is better
During the "demic" they were horribly authoritarian
There s no comparison possible between Paraguay a jungle underdeveloped country and Uruguay the best managed country in all of South America ! But none resemble Switzerland as they are flat as the palm of your hand 😂
Well, as one poster said, it's easy to manage the populace when nearly every square foot has cctv coverage. Btw, i checked my palm and it's not very flat - maybe the priest was right...
SA ? Really?
uruguay is a white country. paraguay is an indian country. Needless to say, one is high-trust and one is low-trust. use your pattern recognition to figure it out.
many Brazilians living in these two countries to avoid taxes
You don't have to live there. All you have to do is setup a business entity in either country as they are territorial tax countries and members of Mercosul so you get all of that too. Then you only pay yourself what you can't expense legally through your business. I like both Paraguay and Uruguay but I prefer to live in Southern Brasil. Go flag theory in your strategy, meu amigo.
So true, the same with colombians they all go to many different places in Argentina❤
My best expat friend who lived in Paraguay for 2 years moved to Argentina in December 2023 and says by comparison Paraguay is several levels lower in living conditions. He said Paraguay was a good stepping stone but he will not go back. Funny how Andrew nor his internal expert did not mention that Paraguay is a Mercosul country and how much things open up to a person with a Mercosul cedula with regards to the other Mercosul nations. Maybe he does not know about that.@@JG-MV
I live in Paraguay for 10 years. Midsize Farm, private water, solar, animals, food countryside. Also a house near Asuncion. Do not work. Paraguay is absolutely fine if you have enough currency. Business is nearly impossible. People are very poor and it is visible. Education super low. People are nice but also false due to their low possibility for earning money. Spanish a must. Europeans here are looking for making profits from other Europeans. Keep away from them. My people are native Paraguayos, well educated, and farmers. Swiss, lic.oec. Paraguay
"Mi gente son paraguayos nativos". ¿Y suizos a la vez? Perdóname la baja nivel de educación, mas que significa lic.oec.
@riedodenise1236 Hi, what area is your farm in and how is the heat and internet there? Thanks!
No discuss that the most developed country in south America is Brazil!! Also in many states like Santa Catarina or Rio Grande do Sul.. you live better and safe!!!
I left Brasil as I can't stand the Detran, Stifling cameras, fascist radars and now Xandrau de Moraes turning the place into a Stalin type dictatorship
What about safety 😢
Uruguay has way too many cameras