What Does Reddit Say About Paraguay’s Tax Residency Program?

Paraguay’s reputation as a low-tax country makes it a favorite among global entrepreneurs — and Reddit threads are full of first-hand tips and personal stories. Here’s what real users say about becoming a tax resident in Paraguay.

What Users Appreciate

Foreign income is not taxed – One of the most common praises across Reddit is that Paraguay doesn’t tax non-Paraguayan income.

Simple tax ID process – Users say that applying for a RUC (Registro Único del Contribuyente) is fast and uncomplicated.

Minimal paperwork – Compared to other countries, compliance is light and flexible.

What Users Warn About

Getting a tax certificate requires more than just a residency card – You’ll need a local address, RUC registration, and sometimes a business or activity to show substance.

Banking is outdated – Multiple threads mention that opening accounts or doing transactions in Paraguay can be slow and paper-heavy.

Common Advice on Reddit

• Apply for residency first, then register your RUC

• Work with a tax advisor familiar with Paraguayan and international systems

• Keep proof of utility bills or rental agreements for audit purposes

Keen to know more? Download CitizenPY – your personal assistant for everything related to Paraguayan citizenship.



Previous
Previous

Paraguay Tax Residency Requirements: What You Need to Know in 2025

Next
Next

Paraguay Temporary Residency Requirements: What You Should Know Before Applying