Spanish, Stop Paying up to 47% in Taxes
Paraguay charges 0% tax on foreign income through its territorial tax system, while Spain taxes residents at rates of up to 47%. Spanish who obtain Paraguay residency can legally eliminate foreign income taxes and save $50,000 - $200,000+ per year, with a straightforward 90-day process requiring only a $5,000 bank deposit.
The Spain Tax Problem
As a Spain tax resident, you're facing some of the highest tax rates in the world:
Beckham Law expiring for new applicants
Wealth tax in most regions
Exit tax on significant holdings
Modelo 720 foreign asset reporting
The Paraguay Solution for Spanish
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: Spain Exit Considerations
Spain has wealth tax and complex exit rules. Paraguay offers a clean tax residency alternative.
Our team includes specialists familiar with Spain tax law who can help you navigate the transition properly.
How It Works for Spanish
- 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 Spain.
- 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 Spanish save with Paraguay residency?
Spanish residents can save $50,000 to $200,000+ per year. With Spain's income tax up to 47%, wealth tax of 0.2-3.5%, Modelo 720 reporting requirements, and exit tax, Paraguay's territorial system eliminates these burdens entirely.
Do Spanish need to give up their citizenship?
No. Spanish citizens can hold Paraguay permanent residency while keeping their Spanish passport. Spain allows dual citizenship with many Latin American countries including Paraguay, making this an especially favorable combination.
What is the process for Spanish to get Paraguay residency?
Spanish citizens can obtain permanent residency in Paraguay within 4-6 weeks. Requirements include an apostilled certificado de antecedentes penales, proof of income, a bank deposit of approximately $5,500, and basic documents.
Is there an exit tax when leaving Spain?
Yes, Spain imposes an exit tax on unrealized gains for individuals holding shares worth over EUR 4 million or owning 25%+ of an entity. The tax is calculated at departure, though EU/EEA deferrals may apply. Careful planning is essential.
How long do Spanish need to stay in Paraguay?
Paraguay requires no minimum stay for permanent residents. A visit once every 3 years is sufficient, and the cultural and linguistic similarities make Paraguay an especially comfortable destination for Spanish speakers.
Complete Your Paraguay Journey
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Everything you need to make an informed decision about Paraguay residency
Ready to Save $50,000 - $200,000+/Year?
Join other spanish who have legally reduced their tax burden with Paraguay residency.
Last reviewed: February 2026