Why Nomad Capitalist Recommends Paraguay Citizenship: A Global Strategy Explained

Written By Nikolas Kraljevic

If you’ve ever read Nomad Capitalist, you’ve likely seen Paraguay listed as a top country for second residency and citizenship. But what makes it so appealing to location-independent entrepreneurs?

Key Reasons Paraguay Is Featured

• No worldwide income tax

• Simple and low-cost path to citizenship

• Residency by bank deposit instead of large investment

• Dual citizenship potential

• No minimum stay required

How Paraguay Fits into a Nomad Strategy

• Paraguay is ideal for “flag theory” — planting a legal and tax base in a low-burden country

• Easy for digital nomads to maintain ties while working globally

• After three years of residency, you can obtain citizenship and a second passport

What Nomad Capitalist Emphasizes

• Legal and financial diversification

• Avoiding high-tax jurisdictions

• Maximizing global mobility through multiple residencies and passports

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








Nikolas Kraljevic
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