Paraguay as an Investment destination
Why is Paraguay becoming popular with investors ?
Paraguay Investment options give foreigners excellent choices for the serious or smaller investor. Paraguay has all the conditions in place to attract and retain investors from all over the world, not just South America. It has a stable democratic government and private property rights are respected in the constitution.
With nearly 7 million inhabitants, Paraguay is a small but open economy. Over the past decade, the Paraguayan economy grew at an average of 5% – considerably higher than its neighbors. Electric power, through the binational hydroelectric plants of Itaipú and Yacyretá plus highly productive and modern agriculture and livestock production systems, are the leading economic activities accounting for more than 60% of all Paraguayan exports in 2015.
Sustained economic growth helped poverty reduction and shared prosperity. Income of the bottom 40% increased by 8% annually between 2009 and 2014 and the proportion of Paraguayans living on less than US$4.0 a day (the regional poverty threshold) fell from 32.5% to 18.8%. However, poverty and income inequality remain a major challenge still.
PARAGUAY’S BUSINESS INFRASTRUCTURE
Paraguay does not apply foreign exchange controls and offers corporations and individuals a very attractive tax environment:
10% Corporate Tax
15% Withholding Tax
10% Personal Income Tax
10% Value Added Tax
0% Export Tax
0% Capital Gain Tax
Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.