St. Kitts And Nevis Citizenship: Real Estate Minimum Reduced
One of the world's oldest and most popular Citizenship-by-Investment Programs, the St. Kitts and Nevis CBI Program, is now more affordable for expats...
3 min read
Mikkel Thorup : March 14 2024
One of the most common concerns among expats is the state of safety back home. Countries like the US, Canada and the UK have long been considered safe, but these days, they seem otherwise.
Many of my clients share their experiences with me, claiming they cannot walk around their home city without double-checking their surroundings, and they need to think twice before entering certain areas.
Last year, I travelled to Paraguay for the first time and discovered an incredible country with an array of enticing investment opportunities, so much so that I have invested in real estate there myself.
One of the many boxes on my checklist for investing in rental properties is to fully understand the area's safety and security. I’ve not only done my research but also investigated the area myself.
In this article, we’ll delve into the overall safety situation in Paraguay and help you explore yet another potential piece of your expat Plan B.
Let’s begin.
Helipad overlooking in Asunción, Paraguay
Paraguay, a landlocked country in the heart of South America, is often underrated when considering expat destinations. This nation offers an interesting combination of cultural richness, economic opportunities and safety, positioning itself as a noteworthy option if you are looking for a new home abroad. Paraguay offers a serene lifestyle complemented by a high degree of security many expats crave.
Now, what does safety mean? It is a multifaceted concept encompassing physical, legal, health and financial aspects, and in this regard, Paraguay’s general perception as a safe country is not unfounded. Going beyond the sensationalist headlines about this and other Latin American countries, we will understand Paraguay's true state of safety and why it is a place worth considering.
Paraguay stands out as one of the most peaceful nations in South America, boasting a global peace score of 1.94, which showcases its minimal involvement in both domestic and international conflicts.
Recording a homicide rate of around eight homicides per 100,000 inhabitants, Paraguay maintains one of the lowest homicide rates in comparison to other countries in Latin America and the Caribbean regions. The most reported type of crime in the country in 2022 was aggravated theft, so be sure to arm yourselves with some common sense safety tips that we’ll discuss a bit later.
Exploring the streets of Asunción, the capital of Paraguay, you can get an extensive sense of community and vigilance. In areas like Villa Morra and Las Lomas, where expats typically congregate, safety measures, including private security and community policing, are the norm. Another city with exceptionally high levels of safety is Encarnación, bordering Argentina.
There’s a stark distinction between petty and major crimes in the country, with the former being more prevalent. Pickpocketing and minor theft occur, especially in crowded areas, but violent robberies are a rarity. As I said in the podcast episode about Paraguay, people here are down-to-earth and kind, and even expats claim that Paraguayans treat them respectfully. All in all, locals are welcoming, and tourists and visitors tend to feel perfectly safe.
Cerro Paraguari
There’s a profound relationship between cultural integration and safety. You will probably look way different from the locals, so sometimes you might stand out a little. However, if you put the effort into learning the local language and culture, you can gather even more safety information from friendly locals instead of falling into common tourist or foreigner traps. In the case of Paraguay, it’s a big help to learn Spanish, and if you want to go the extra mile, try learning some Guarani phrases.
As a Latin American country, Paraguay’s culture is family-oriented and laid-back. Plus, Paraguayans are known for their warmth and welcoming attitude to foreigners. To enjoy the experience in the country to the fullest, engage in neighbourhood gatherings and cultural festivals, and don’t be afraid to speak in Spanish; the locals will appreciate your efforts despite the mistakes you might make.
As in any country, exercising common sense and basic precautions goes a long way to staying safe. Simple actions such as securing personal belongings in public settings and using reputable transportation services (for example, public transport or Uber) will mitigate risks and enhance personal security.
Other recommendations include avoiding using your phone while walking, not wearing flashy clothing or jewelry and drinking bottled water. Also, familiarize yourself with emergency services, including contact numbers and procedures. Talk to the locals to get an idea of what areas are safest to walk around in and which areas to avoid.
Don’t get drunk and walk around at 3 a.m. flashing a Rolex. In other words, use common sense!
Related content: Safety Tips For Expats: The Only Guide You'll Ever Need
View of the city from the side of the Paraguay River, Asuncion
Beyond stunning landscapes, amazing cuisine and a welcoming culture, Paraguay is a place where you can live life with a sense of security and fulfilment. With its blend of cultural richness and economic stability, this country is more than just a destination; it’s a place where you can escape many of the challenges of your home country and unlock the potential of a better future filled with safety in all senses. All things considered, Paraguay can be a safe expat haven.
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Written by Mikkel Thorup
Mikkel Thorup is the world’s most sought-after expat consultant. He focuses on helping high-net-worth private clients to legally mitigate tax liabilities, obtain a second residency and citizenship, and assemble a portfolio of foreign investments including international real estate, timber plantations, agricultural land and other hard-money tangible assets. Mikkel is the Founder and CEO at Expat Money®, a private consulting firm started in 2017. He hosts the popular weekly podcast, the Expat Money Show, and wrote the definitive #1-Best Selling book Expat Secrets - How To Pay Zero Taxes, Live Overseas And Make Giant Piles Of Money, and his second book: Expats Guide On Moving To Mexico.
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