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5. FX and capital controls: Paraguay
FX and capital flows in Paraguay: the legal guarantee of free exchange and free movement of capital, dividends, interest and royalties with no prior authorization, the Central Bank's role in a floating free exchange market, the dividend and non resident income taxes that apply when money leaves, and the customs declaration for cash above US$10,000, each tied to the official text. Paraguay has no income tax treaty with Argentina; for the Argentine side of FX, trade or tax questions see The Argentine Thread guide.
Investor view. A legally guaranteed free exchange regime with no permits, quotas or registration means profits and capital can leave Paraguay whenever the owner decides, a rare certainty in the region that rewards long term investment.
- FX and capital flows in Paraguay: free exchange, repatriation and the taxes on money going outParaguay has no capital controls: Ley 117/91 guarantees free exchange with no restrictions on bringing capital in or taking capital, dividends, interest, royalties and fees out, and foreign investment
Related: Paraguay country profile · live dashboard · central bank and release calendar · our posts on X · where Argentina is involved, see The Argentine Thread guide