Scandinavians, Stop Paying up to 57% in Taxes
Paraguay charges 0% tax on foreign income through its territorial tax system, while Scandinavia taxes residents at rates of up to 57%. Scandinavians who obtain Paraguay residency can legally eliminate foreign income taxes and save $70,000 - $300,000+ per year, with a straightforward 90-day process requiring only a $5,000 bank deposit.
The Scandinavia Tax Problem
As a Scandinavia tax resident, you're facing some of the highest tax rates in the world:
Highest tax rates in the world
Wealth taxes in Norway
Exit taxes on emigration
Limited deductions available
The Paraguay Solution for Scandinavians
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: Scandinavia Exit Considerations
Nordic countries have strict residency rules. Paraguay offers a genuine residency alternative recognized internationally.
Our team includes specialists familiar with Scandinavia tax law who can help you navigate the transition properly.
How It Works for Scandinavians
- 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 Scandinavia.
- 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 Scandinavians save with Paraguay residency?
Scandinavians can save $70,000 to $300,000+ per year. With Nordic income taxes reaching 57%, wealth tax in Norway, and capital gains up to 42%, Paraguay's 0% foreign income tax represents the most dramatic tax savings available.
Do Scandinavians need to give up their citizenship?
No. Citizens of Sweden, Norway, Denmark, Finland, and Iceland can all hold Paraguay permanent residency while retaining their Nordic passports. All Scandinavian countries allow dual citizenship.
What is the process for Scandinavians to get Paraguay residency?
Scandinavian citizens can obtain permanent residency in Paraguay within 4-6 weeks. The process requires an apostilled police clearance from your home country, proof of income, a bank deposit of approximately $5,500, and standard documents.
Is there an exit tax when leaving Scandinavia?
Exit tax rules vary by country. Norway has exit tax on shares, Sweden has a 10-year extended tax liability on Swedish shares, and Denmark taxes unrealized gains on departure. Each country requires careful planning before emigration.
How long do Scandinavians need to stay in Paraguay?
Paraguay requires no minimum stay for permanent residents. A visit once every 3 years is sufficient, giving Scandinavians complete flexibility to escape the world's highest tax burden without strict residency obligations.
Complete Your Paraguay Journey
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Everything you need to make an informed decision about Paraguay residency
Ready to Save $70,000 - $300,000+/Year?
Join other scandinavians who have legally reduced their tax burden with Paraguay residency.
Last reviewed: February 2026