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The Legal System for Foreign Investors buying property in Paraguay

The Paraguayan Law  N. 117/92 legislates the system of national and/or foreign investments ; it aims to stimulate and secure within a framework of full equality the National and/or Foreign  investments, aiming at the promotion of the economic development of the country. The aforementioned rule establishes that the foreign investor has the same guarantees, rights and obligations that the Paraguayan Law sets for domestic investors. The private investments does not require prior authorization or additional registration…