Colombians, Stop Paying up to 39% in Taxes
Paraguay charges 0% tax on foreign income through its territorial tax system, while Colombia taxes residents at rates of up to 39%. Colombians who obtain Paraguay residency can legally eliminate foreign income taxes and save $30,000 - $120,000+ per year, with a straightforward 90-day process requiring only a $5,000 bank deposit.
The Colombia Tax Problem
As a Colombia tax resident, you're facing some of the highest tax rates in the world:
Worldwide taxation for residents
Wealth tax on global assets
Complex reporting requirements
Exit tax considerations
The Paraguay Solution for Colombians
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: Colombia Exit Considerations
Colombia has wealth tax on residents. Paraguay offers territorial system without wealth taxation.
Our team includes specialists familiar with Colombia tax law who can help you navigate the transition properly.
How It Works for Colombians
- 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 Colombia.
- 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 Colombians save with Paraguay residency?
Colombians can save $30,000 to $120,000+ per year. With Colombia's income tax up to 39%, wealth tax of 0.5-1.5% on global assets, and 35% corporate tax, Paraguay's territorial system without wealth tax provides major savings.
Do Colombians need to give up their citizenship?
No. Colombians can hold Paraguay permanent residency while keeping their Colombian passport. Colombia allows dual citizenship, and both countries share cultural and linguistic similarities that ease the transition.
What is the process for Colombians to get Paraguay residency?
Colombian citizens can obtain permanent residency in Paraguay within 4-6 weeks. Requirements include an apostilled certificado de antecedentes judiciales, proof of income, a bank deposit of approximately $5,500, and standard documents.
Is there an exit tax when leaving Colombia?
Colombia does not impose a formal exit tax, but breaking tax residency requires spending fewer than 183 days in Colombia. The wealth tax applies to residents on global assets, so establishing non-residency is crucial for asset protection.
How long do Colombians need to stay in Paraguay?
Paraguay requires no minimum stay for permanent residents. A visit once every 3 years is sufficient, making it practical for Colombians who want to escape the wealth tax while maintaining connections across Latin America.
Complete Your Paraguay Journey
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Everything you need to make an informed decision about Paraguay residency
Ready to Save $30,000 - $120,000+/Year?
Join other colombians who have legally reduced their tax burden with Paraguay residency.
Last reviewed: February 2026