Clear definitions of terms you'll encounter during the process.
Permanent migratory status in Paraguay. Obtained through an 8–12 week process from a complete file submission.
Paraguayan ID card issued after residency is granted. Official document for in-country operations.
Unique Taxpayer Registry. Tax identifier equivalent to a NIF or BTW number.
Corporate income tax. General rate on income generated in Paraguay.
Tax system taxing only income generated within the country. Foreign income pays no IRE.
Paraguay's anti-money-laundering authority. Nexa is a reporting entity, which means strict KYC.
Know Your Customer. Identity and source-of-funds verification required to operate legally.