Paraguay Real Estate Investing: Obtain your permanent residency in less than 1 month.
Until 2017, investments in Paraguay were destined to livestock, gastronomy and logistics. But in recent times, the Real Estate sector has grown exponentially.
LATAM investors such as Argentina and Uruguay invest in cities such as Asunción and investors from Brazil focus more on areas such as Ciudad del Este. Investors from the rest of the world also landed in Paraguay attracted by the low-income tax, 10% per year, and the VAT for purchase - sale is 1.5%. In addition, another great attraction for investors is the possibility of obtaining a permanent residency as an investor, in less than a month.
In the last five years, the real estate developments required an investment of more than USD 1 billion. The neighborhoods of Asunción with the highest demand are Ycuá Satí at the top, with a 203% increase in project inquiries, and Luque with a 190% increase. The average value of all the properties consulted is at $ 105,000, 28% above the current Paraguayan investor.
One of the main factors why investors are choosing Paraguay, is their economic stability. They have an annual inflation that oscillates between 3 and 4%, and a stable dollar for 10 years. In addition, they have a wide range of financing for foreigners who wish to acquire a property.
Paraguay has an investment return that varies from 5 to 7%. If you look closely at Asunción, its best positioned areas are Lambaré with between 6.2 and 6.9%, Barrio Herrera with 6.3%, Ycuá Satí with 6.16%, Villa Morra with 6.03%, Mburucuyá with 5.77% and Fernando de la Mora with 5.43%.
Paraguay is a land of opportunities. With its stable economy and no inflation, today it can be said that it is one of the best economies in Latin America. In addition, it is important to note that in the last 10 years the Paraguayan GDP grew by 54% and is expected to continue growing at a constant rate in the coming years.
Contact us for your Business Consulting / Real Estate Consulting interview in Paraguay, and the possibility of obtaining a permanent residency.