Nomad Watch

Business

Controlled Foreign Company (CFC) Rules
No
Studio Purchase Price (City Center)
Approx. $1,100 per m² ($44,000 for 40 m²)
Studio Purchase Price (Outside City)
Approx. $850 per m² ($34,000 for 40 m²)
1-Bedroom Purchase Price (City Center)
Approx. $1,000 per m² ($60,000 for 60 m²)
1-Bedroom Purchase Price (Outside City)
Approx. $750 per m² ($45,000 for 60 m²)
2-Bedroom Purchase Price (City Center)
Approx. $950 per m² ($76,000 for 80 m²)
2-Bedroom Purchase Price (Outside City)
Approx. $700 per m² ($56,000 for 80 m²)
Corporate Tax
10% (IRE)
Dividend Withholding Tax
8% for residents, 15% for non-residents
Tax System
Territorial tax system (Only income earned in Paraguay is taxed)
Highest Income Tax Bracket
10% (IRP)
VAT
10% standard rate, 5% for some essentials
Property Tax
Very low, approx. 1% of the fiscal valuation per year
Property Transaction Tax
Approx. 0.3% to 0.5% (Registration and Notary fees)
Attractive Tax System for Digital Nomads
Yes, 0% tax on foreign-sourced income if structured correctly

Essentials

Best Area to Stay for Tourists
Near the University City (UNA) area for amenities and safety
Best Area to Stay for Digital Nomads
Barrio San Vicente or near Pinedo Shopping for better infrastructure
City
San Lorenzo, Central Department, Paraguay
Population
Approximately 260,000 residents
Internet Speed
Average 40-60 Mbps on fiber optics (Personal, Tigo)
Currency & Banking
Paraguayan Guaraní (PYG); 1 USD ≈ 7,350 PYG
Tap Water
Not recommended for drinking; use bottled water (Seltz, 5L for 12,000 PYG)
Power
220V, 50Hz, 🔌 Type C / Type L sockets
SIM Card
Tigo or Personal; approx. 50,000 PYG for 10GB data
Banking for Expats
Banco Itaú and Banco Atlas; Revolut is not locally supported
Accommodation
Apartment rentals via Infocasas or Airbnb
Cashless Friendly
Moderate; major supermarkets and malls accept cards, small vendors require cash
Short Term Rentals
Airbnb prices range from $25 - $50 USD per night
Budget Accommodation
Hotel San Lorenzo (approx. 180,000 PYG per night)

Working and Networking

Best Coworking Space
Loffice (located in nearby Asunción, 20 mins away) or local library inside UNA
Best Cafe for Work
Juan Valdez Café in Pinedo Shopping (High speed Wi-Fi)
Networking Events
Gramo (Occasional talks) or events at the UNA Polytechnic Faculty
Social Events for Expats
Expats in Paraguay Facebook Group meetups at Pinedo Shopping food court

Transportation

Best Taxi/Ride App
Bolt (most popular) or Uber; a trip to Asunción is approx. 35,000 PYG
Bike/Scooter Rental
Not widely available; private purchase at Chacomer is common
Best Beach Nearby
San Bernardino (Lake Ypacaraí), approx. 45 mins away
Top Regional Airline
Paranair (Flights to Buenos Aires/Montevideo from ASU)
Top International Airline
LATAM, Copa Airlines, Air Europa (via Silvio Pettirossi Airport)
Highway Access
Ruta PY02 (Main highway connecting Asunción and Ciudad del Este)
Main Train/Transit Hub
Terminal de Ómnibus de Asunción (nearby hub for regional travel)
Public Transport Passes
Jaha or Más card (Required for buses, 3,600 PYG per ride)
Regional Travel
Nuestra Señora de la Asunción (NSA) bus lines to Encarnación

Health and Wellness

Best Hospital
Hospital de Clínicas (Public/Teaching) or Sanatorio San Lorenzo (Private)
Yoga & Wellness Centers
Ananda Yoga (Barrio San Pedro)
Gyms & Fitness Centers
Premier Fitness Club (Pinedo Shopping), approx. 250,000 PYG/month
Laundry Services
LavaYa (Self-service and drop-off, approx. 40,000 PYG per load)

Food and Drink

Best Food Delivery App
PedidosYa and Monchis
Best Local Dish to Try
Sopa Paraguaya and Mbejú
Vegan/Vegetarian Options
Be Okay (Pinedo Shopping area)
Best Dessert Spots
Heladería Doña Angela (Pinedo Shopping)
Affordable Shopping Spots
Mercado de San Lorenzo (Local market for fresh produce)
E-commerce/Online Store
Tienda Naranja or Shopping China (online deliveries)
Grocery Delivery
Supermercado Stock or Superseis online
Bar/Nightlife Area
Paseo La Galería area (nearby) or local bars on Avenida Mariscal Estigarribia
Local Brewery
Sacramento Brewing Co. (bottled products widely available in Stock)
Wine Bars
Wine and Spirits (Pinedo Shopping)
Street Food Stalls
Lomitería 'El Gordito' (Lomitos starting at 15,000 PYG)
Popular International Cuisine
TGI Fridays (Pinedo Shopping) for American-style dining

Culture and Attractions

Must-See Landmarks
Catedral de San Lorenzo (Neo-Gothic style)
Museums & Art Venues
Museo Guido Boggiani (Anthropological artifacts)
Historical Sites
The Neo-Gothic Church in the city center
Religious Sites
Parroquia San Lorenzo
Annual Events
Fiesta Patronal de San Lorenzo (August 10th)
Cultural Districts
The University City (UNA Campus) area
Theater Venues
Teatro Municipal de San Lorenzo
Local Markets
Mercado Municipal #1 (San Lorenzo)
Music Scene
Live Polka and Guarania at local festivals
Street Art
Murals near the UNA Polytechnic Faculty
Cooking Classes
IGA (Instituto Gastronómico de las Américas) San Lorenzo branch
Art Galleries
Centro Cultural Tren Blanco
Historic Buildings
San Lorenzo Train Station (Historical ruins)
Local Heritage
The 'City of Ethics' nickname and ceramic traditions

Nature and Outdoor Activities

Nearby Nature Escapes
Ypacaraí Lake (20km away)
National Parks Nearby
Ybycuí National Park (approx. 2 hours drive)
Cycling/Walking Paths
UNA Campus Ciclovía (Popular for jogging and biking)
Scenic Viewpoints
Cerro Lambaré (nearby in Asunción) for city views
Birdwatching Locations
The wetlands surrounding the Paraguay River (15km away)
Bonfire-Friendly Spots
Camping areas in Pirayú (30 mins away)

Other Services and Amenities

Parcel Delivery Service
Aex Post or DHL San Lorenzo
Tech Repair Services
Excelsis (for Apple/PC) or local shops in Shopping San Lorenzo
Table Tennis Spots
Federación Paraguaya de Tenis de Mesa (nearby Asunción)
Language Classes
Centro Cultural Paraguayo Americano (CCPA) San Lorenzo
Libraries & Study Spots
Biblioteca Central de la UNA
Community Centers
Centro Cultural de la Ciudad
Gaming Lounges
Local internet cafes near the university
Casino & Gaming Halls
Casino San Bernardino (nearby regional location)

Continue exploring San Lorenzo