Greeks, Stop Paying up to 44% in Taxes
Paraguay charges 0% tax on foreign income through its territorial tax system, while Greece taxes residents at rates of up to 44%. Greeks who obtain Paraguay residency can legally eliminate foreign income taxes and save $35,000 - $140,000+ per year, with a straightforward 90-day process requiring only a $5,000 bank deposit.
The Greece Tax Problem
As a Greece tax resident, you're facing some of the highest tax rates in the world:
High income tax rates
Social security contributions
Economic instability concerns
Complex bureaucracy
The Paraguay Solution for Greeks
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: Greece Exit Considerations
Greece offers some non-dom options but Paraguay provides simpler permanent residency.
Our team includes specialists familiar with Greece tax law who can help you navigate the transition properly.
How It Works for Greeks
- 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 Greece.
- 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 Greeks save with Paraguay residency?
Greeks can save $35,000 to $140,000+ per year. With Greece's income tax up to 44%, social security contributions, and economic instability, Paraguay's stable territorial tax system at 10% on local income only is attractive.
Do Greeks need to give up their citizenship?
No. Greeks can hold Paraguay permanent residency while retaining their Greek passport. Greece allows dual citizenship, and obtaining foreign residency does not affect your Greek nationality.
What is the process for Greeks to get Paraguay residency?
Greek citizens can obtain permanent residency in Paraguay within 4-6 weeks. The process requires an apostilled poinikou mitroou, proof of income, a bank deposit of approximately $5,500, and standard personal documents.
Is there an exit tax when leaving Greece?
Greece does not have a formal exit tax for individuals. However, you must properly deregister from the Greek tax authority (AADE) and settle any outstanding obligations. The process is generally straightforward.
How long do Greeks need to stay in Paraguay?
Paraguay requires no minimum stay for permanent residents. You only need to visit once every 3 years, offering Greeks full flexibility to live wherever they choose while benefiting from Paraguay's territorial tax system.
Complete Your Paraguay Journey
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Everything you need to make an informed decision about Paraguay residency
Ready to Save $35,000 - $140,000+/Year?
Join other greeks who have legally reduced their tax burden with Paraguay residency.
Last reviewed: February 2026