Czechs, Stop Paying 15-23% in Taxes
Paraguay charges 0% tax on foreign income through its territorial tax system, while Czech Republic taxes residents at rates of 15-23%. Czechs who obtain Paraguay residency can legally eliminate foreign income taxes and save $20,000 - $80,000+ per year, with a straightforward 90-day process requiring only a $5,000 bank deposit.
The Czech Republic Tax Problem
As a Czech Republic tax resident, you're facing some of the highest tax rates in the world:
Social contributions are high
Complex self-employment rules
Rising living costs in Prague
EU reporting requirements
The Paraguay Solution for Czechs
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: Czech Republic Exit Considerations
Czech Republic has moderate taxes but rising. Paraguay offers even lower burden with simpler compliance.
Our team includes specialists familiar with Czech Republic tax law who can help you navigate the transition properly.
How It Works for Czechs
- 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 Czech Republic.
- 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 Czechs save with Paraguay residency?
Czechs can save $20,000 to $80,000+ per year. While Czech headline rates of 15-23% seem moderate, high social contributions for self-employed and complex compliance make Paraguay's simpler 10% system attractive.
Do Czechs need to give up their citizenship?
No. Czechs can hold Paraguay permanent residency while retaining their Czech passport. The Czech Republic allows dual citizenship and does not restrict citizens from obtaining foreign residency.
What is the process for Czechs to get Paraguay residency?
Czech citizens can obtain permanent residency in Paraguay within 4-6 weeks. Requirements include an apostilled vypis z rejstriku trestu, proof of income, a bank deposit of approximately $5,500, and standard documentation.
Is there an exit tax when leaving the Czech Republic?
The Czech Republic does not currently impose a formal exit tax on individuals. However, proper deregistration from Czech tax residency is required, and certain deferred tax obligations may need to be settled upon departure.
How long do Czechs need to stay in Paraguay?
Paraguay requires no minimum stay for permanent residents. A visit once every 3 years is sufficient, making it ideal for Czechs who want tax optimization without geographic restrictions.
Complete Your Paraguay Journey
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Everything you need to make an informed decision about Paraguay residency
Ready to Save $20,000 - $80,000+/Year?
Join other czechs who have legally reduced their tax burden with Paraguay residency.
Last reviewed: February 2026