Biggest freshwater reservoir in the world
Lowest taxes in South America and cheap cost of living
Cheap electricity from the world’s 2nd biggest hydropower plant
We help you obtain your temporary paraguayan residency which lasts for a 2 year period. After 2 years, you can extend your residency for another 10 years. After ten years, you can easily renew your residency. You will also get your personal ID card called “Cedula”. The Cedula is your everyday ID card which you need for proving your identity, getting your drivers licence or purchasing real estate. With your Cedula, you can easily travel between all MERCOSUR countries.
Paraguay, a country in the heart of South America, is often overlooked and forgotten in comparison to its neighboring countries. It has one of the world’s most powerful hydropower plants, it is rich in agriculture and its territory rests on the largest freshwater reservoir in the world. Paraguay is highly independent and self-sustainable.
The Itaipú Dam is a hydroelectric dam on the Paraná River located at the border between Brazil and Paraguay. Its hydroelectric power plant ranks second worldwide in production, currently providing Paraguay with extremely cheap electricity prices of 6 cents per kWh.
The "Guaraní Aquifer" lies beneath Brazil, Argentina and Paraguay. This underground freshwater reservoir could supply all 8 billion humans for 200 years with water. If only drinking water were taken, then each person could receive 9 liters of water per day for over 1000 years.
Agriculture plays an important role in Paraguay: 39 percent of the population works in the agricultural sector, which contributes 24.9 percent to the gross domestic product. The main crops are soybeans, cassava, cotton, sugarcane, meat and cereals.
