Chileans, Stop Paying up to 40% in Taxes
Paraguay charges 0% tax on foreign income through its territorial tax system, while Chile taxes residents at rates of up to 40%. Chileans who obtain Paraguay residency can legally eliminate foreign income taxes and save $35,000 - $145,000+ per year, with a straightforward 90-day process requiring only a $5,000 bank deposit.
The Chile Tax Problem
As a Chile tax resident, you're facing some of the highest tax rates in the world:
High top marginal rate
Worldwide taxation for residents
Political instability affecting policy
Rising cost of living
The Paraguay Solution for Chileans
Territorial Tax System
Paraguay only taxes income generated within its borders. Foreign-sourced income is generally tax-exempt.
Fast 90-Day Process
Get your permanent residency in as little as 90 days. No years of waiting like other programs.
Minimal Presence Required
Visit just once every 3 years to maintain residency. Live anywhere in the world.
Low Investment Threshold
Only $5,000 USD bank deposit required. One of the most accessible programs worldwide.
Important: Chile Exit Considerations
Chile has worldwide taxation. Paraguay offers territorial taxation and easy residency for Mercosur citizens.
Our team includes specialists familiar with Chile tax law who can help you navigate the transition properly.
How It Works for Chileans
- 1
Initial Consultation
We assess your situation and create a personalized tax optimization plan.
- 2
Document Preparation
We handle apostilles, translations, and all paperwork from Chile.
- 3
Paraguay Visit
Brief 1-2 week visit for biometrics and bank account opening.
- 4
Residency Approved
Receive your permanent residency card. Start saving immediately.
Frequently Asked Questions
How much can Chileans save with Paraguay residency?
Chileans can save $35,000 to $145,000+ per year. With Chile's income tax up to 40%, worldwide taxation, and capital gains at up to 40%, Paraguay's territorial system with 0% foreign income tax provides substantial savings.
Do Chileans need to give up their citizenship?
No. Chileans can hold Paraguay permanent residency while keeping their Chilean passport. Chile allows dual citizenship and as associate Mercosur members, Chileans have facilitated access to Paraguay.
What is the process for Chileans to get Paraguay residency?
Chilean citizens can obtain permanent residency in Paraguay within 4-6 weeks. Requirements include a criminal record certificate, proof of income, a bank deposit of approximately $5,500, and standard documents. Mercosur association facilitates the process.
Is there an exit tax when leaving Chile?
Chile does not impose a formal exit tax on individuals. However, Chile taxes worldwide income for residents, so establishing non-residency is crucial. Paraguay residency helps document your change of tax residence.
How long do Chileans need to stay in Paraguay?
Paraguay requires no minimum stay for permanent residents. A visit once every 3 years is sufficient, and the existing double tax treaty between Paraguay and Chile provides additional protection against double taxation.
Complete Your Paraguay Journey
Explore More Resources
Everything you need to make an informed decision about Paraguay residency
Ready to Save $35,000 - $145,000+/Year?
Join other chileans who have legally reduced their tax burden with Paraguay residency.
Last reviewed: February 2026