Paraguay Versus Argentina As An Expat Destination?

steveinbsas

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I recently met a woman from the USA who is considering "retiring" and "investing" in Paraguay.

Is there anyone here who has spent enough time in Paraguay to have any advice for her?

She was born in Argentina but has lived in the USA since she was 14. She already has "high level" connections in Paraguay, but I don't know how much of an advantage that gives her.
 
I recently met a woman from the USA who is considering "retiring" and "investing" in Paraguay.

Is there anyone here who has spent enough time in Paraguay to have any advice for her?

She was born in Argentina but has lived in the USA since she was 14. She already has "high level" connections in Paraguay, but I don't know how much of an advantage that gives her.

"Investing" in what? Paraguay is still a contraband economy but, paradoxically, some corruption is so transparent as to be almost innocent. Some years ago, when a Wall Street Journal reporter asked a Ciudad del Este businessman about the potential impact of Mercosur on Paraguay, the response (which I paraphrase here) was "The way I see it, we're going to have to stop smuggling things and start producing things." I have a pretty good guess as to what that person might be doing now.
 
Watch out, many people were defrauded there and taken to the cleaners, specially you must mistrust all goverment officials, a friend of mine was stolen clean of 50,000 USD there.
 
Watch out, many people were defrauded there and taken to the cleaners, specially you must mistrust all goverment officials, a friend of mine was stolen clean of 50,000 USD there.

Thanks, Henry. Some have been defrauded here, too. There have been at least two women of "retirement" age or near it who have lost a bundle in bad deals in Argentina and wrote about it in this forum.

Last April I had dinner with an Argentine lawyer who was on his way through the area. He called Paraguay the wild west of South America.

I wonder if there is any reason to believe that the new president will change anything...
 
I have been having this debate and ultimately chose Paraguay as second permanent location:

Reasons:
- very low population density.
- hardly any taxes.
- minimal government intrusion in private and business affairs.
- no land ownership restrictions.
- easy access in and out of the country (open border with Brazil, direct MIA, GRU, EZE flights)
- good financial infrastructure.
- easy permanent residence.
- good basic emergency healthcare.
- friendly people.
 
I also found Assuncion to be reasonably safe (compared to Brazil), although Ciudad del Leste is a dump. However, Assuncion is very provincial when compared to Buenos Aires, although the food is much better.
 
I have been having this debate and ultimately chose Paraguay as second permanent location:

Reasons:
- very low population density.
- hardly any taxes.
- minimal government intrusion in private and business affairs.
- no land ownership restrictions.
- easy access in and out of the country (open border with Brazil, direct MIA, GRU, EZE flights)
- good financial infrastructure.
- easy permanent residence.
- good basic emergency healthcare.
- friendly people.

These would be completely different reasons from why I chose Argentina.

Its like comparing apples and onions.

Argentina, especially Buenos Aires, appeals to people whose primary considerations are cultural.
If what you want is a cheap place to live alone without being bothered, Paraguay might work.

Not even on my radar.
The advantages to Argentina, to me, include an educated, hip and worldly population, interesting art, music, literature, fashion, film, dance,architecture, and design communities, an expanding food scene, the cultural and historical uniqueness of a hybrid European/Latin American country, a unique world class city, and personality.

I have been approached by several friends of mine in the USA who are preppers, doomsday fantasy fans, anti-government right wing types- and I always tell them, Argentina is not what you want- its the opposite, in fact.
I understand there are several websites oriented towards that market that are pushing Ecuador these days- my most recent inquiry, from a gun loving Obama hating blacksmith friend of mine, had been told that Ecuador was the new destination.

I think that aside from Paraguay, ALL south american countries are a lot more "socialist" than right wing America-flee-ers can conceive of, and if they actually moved to Ecuador or Peru or Brazil or Bolivia, they would be in for a big surprise- but in most cases, its just a fantasy anyway.
 
I think that aside from Paraguay, ALL south american countries are a lot more "socialist" than right wing America-flee-ers can conceive of, and if they actually moved to Ecuador or Peru or Brazil or Bolivia, they would be in for a big surprise- but in most cases, its just a fantasy anyway.

I'd say that Chile is not "socialist" at all. It might be more market oriented than the US, actually.
 
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