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ParaguayNext

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44 contributions to ParaguayNext
There is some changes comming!
Sorry for being totally absent for a while. I’ve had a lot of work this winter, but I’ll soon start participating in the community again with new webinars and events. Stay tuned =)
Seminar Recording Live!
You can now watch the recording of the seminar "How to get your money out using US LLC" You will find the webinar here: Seminar James Baker CPA
1 like • Nov 15
I look in to it
1 like • Nov 15
@Bern Leighton Go straight to classroom and you will be able to access the video
LLC + PARAGUAY DIGITAL NOMAD
What is the best way in terms of banking cards and account / crypto for a digital nomad. I receive money from french custumers (not business). What is to avoid ? What is secure? Crypto friendly ? Do you know Moon, Freedomania, Revolut Business, wise, Mercury ? Thanks
1 like • Nov 7
I would US LLC, Mecury, Wise, Chase bank for my US Business. I would use a Charles Schwab International for cash withdraws. If you are in Paraguay Meru and UZpay is god option for crypto and payment. I would also setup recidency with Tax recidency here in paraguay.
🧳 Quick Guide: Charles Schwab International Account for Expats in Paraguay
What it is (Charles Schwab International) - A U.S. brokerage account that lets you invest in U.S. markets. - Comes with a Charles Schwab checking account and Visa debit card. - Debit card is famous for worldwide ATM fee rebates and no foreign transaction fees. ✅ Pros for Expats in Paraguay - ATM rebates – Any fee you pay at a Paraguayan ATM is refunded monthly. - No FX fees – Card charges in guaraní have no extra 2–3% surcharge. - $0 U.S. stock/ETF trades – Easy way to keep investing abroad. - No minimums, no monthly fees – Open with any amount. - Strong protections – FDIC insurance for cash, SIPC for investments. ⚠️ Cons to Watch Out For - Eligibility check – Paraguay is currently supported, but availability may change. - Delayed ATM rebates – You pay upfront; refund comes later. - Not a local bank – Can’t pay bills in guaraní; still need a PY bank account. - Foreign exchange costs – Conversion uses Visa rates; no rebates for Dynamic Currency Conversion (DCC). - Card shipping – Replacements may take time in Paraguay. 📑 Requirements - U.S. citizens → Passport + SSN + proof of Paraguayan address. - Non-U.S. citizens in Paraguay → Passport + cédula (or RUC) + proof of address. - Online application takes ~15 minutes. Upload scans and wait for approval. 💡 Pro Tips - Always decline DCC at ATMs (don’t let machine “charge in USD”). - Pair with a local bank for bills and guaraní expenses. - Use Schwab for cash access + investing, Meru/UZPay as optional fintech bridges. - Keep a backup card in case of delays. ✨ Bottom Line For expats in Paraguay, Schwab is the best card for withdrawing cash cheaply and investing in U.S. markets. Pair it with a local bank for daily life in guaraní, and you’ll cover all bases. Full Article here: Complete Guide Charles Schwab International
1 like • Oct 29
@Graham Inman i have not tried it but i will as son as I have my cedula. 😄
1 like • Oct 23
@Graham Inman yes. I have talked to one and I an going to talk to two others I’ve also got recommended.
1-10 of 44
Roger Johansson
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Active 10h ago
Joined Aug 16, 2025
Paraguay