92 UGLOBAL IMMIGRATION MAGAZINE
3 REASONS WHY GLOBAL INVESTORS CONSIDER RESIDENCY BY INVESTMENT IN PARAGUAY
BY DRAGANA ANDREYEV
In a world where residency options open and close doors and opportunities , Paraguay remains a well-kept secret , nestled quietly in the middle of South America .
When considering Plan B choices , high-net-worth individuals ( HNWI ) often flock to the familiar shores of Europe or the Caribbean , mainly due to their well-publicized programs and renowned destinations .
However , there ’ s a hidden gem in Latin America that is gaining prominence for those in the know , and it ' s time for it to shine in the spotlight . Here are five reasons why Paraguay should be part of a residency portfolio .
CLEARING OUT MISCONCEPTIONS ABOUT PARAGUAY
When most people think about South America , they might imagine a region fraught with instability and uncertainty . However , Paraguay is an exception to this misconception . This South American gem quietly boasts a conservative , stable democracy with a well-developed economic system and few economic restrictions ( for example , a stable currency and no restrictions on buying and selling foreign currency ).