Paraguay residency: sooner rather than later

[@lelocle4262]

All true... thanks Julien.

[@ParaguaytranquiloO]

You are welcome. Cheers

[@marieghesquiere6020]

👍

[@lizashley8169]

Hi Tranquilo and thank you for all your informative videos. I have been enjoying them and simultaneously noting important aspects to be aware of. Which actual countries have, or will be instigating new leaving taxes? I have oly found some taxes for the very wealthy? I have been told that iIt is a standard part of tax law, in many countries, for many years, that there is a potential tax on moving out of a country, and taking assets with you, that you have recently made a profit on. It's nothing new or unusual and does not constitute govts. attempting to stop people from leaving their countries for 'safe havens'. Who does this currently affect?

[@ParaguaytranquiloO]

Hi Liz, you are correct. There are regulations in place that may tax your assets as you exit the country. I have in mind a few rules planned (Netherlands, France, Canada, ...) regarding taxation if you live but i need to check them. Overall, one can witness a trend to prevent Western folks from leaving the West. It's done through several actions: getting you scared (problem of safety in country A, B, ...), dragging on administrative processes or changing them (apostilles is a great example), taxation when leaving, making it harder for you to sell your property (France is a great example), ...

[@jhmailcenter1]

Good video! But why Paraguay over Argentina or Chile?

[@ParaguaytranquiloO]

We would need a good hour to discuss this topic and many videos in KZbin try to address this question. I would say that, based on the variables i was considering, Paraguay scored higher than Argentina and Chile. Now, i do think that a Paraguay / Argentina strategy where you spend some months a year in Argentina could actually be a great strategy. One of the folks in my network spend a few months a year in Mendoza to avoid the hottest months. What do you think?