Paraguay and Portugal are two of the most popular second-residency options for digital nomads seeking a formal legal base. Paraguay offers a short, affordable in-person visit, a purely territorial tax system, and no CFC rules. Portugal offers EU residency, Schengen travel, and a 5-year path to European citizenship — at a higher cost and with stricter income requirements.
Best for nomads seeking the most accessible formal residency route with a strong territorial tax shield, a low cost of living, and a short in-person commitment.
Best for nomads prioritising EU residency, Schengen travel rights, and a clear path to a European passport after 5 years of legal residency.
It depends on what you want from your residency. Paraguay is the most accessible formal second residency globally — no income threshold, short in-person visit, and a purely territorial tax system. Portugal offers EU residency, Schengen travel, and an eventual EU passport — far more powerful in terms of global mobility, but with stricter income requirements and a higher cost of living.
Yes — dual residency is legal in most countries. Many nomads hold Paraguay residency as a tax-efficient legal anchor while building up years in Portugal toward EU citizenship. The two serve different purposes: Paraguay for tax domicile, Portugal for lifestyle and EU rights.
Paraguay only taxes income sourced inside Paraguay. All foreign-source income — salaries, consulting fees, dividends, investment returns from outside Paraguay — is fully exempt from Paraguayan personal income tax. There are no CFC rules or wealth taxes on foreign-source income. Always verify your specific situation with a qualified tax professional.
Nomadic Go provides residency document preparation and application support for both Paraguay temporary residency and the Portugal D8 visa. We do not guarantee approval — all decisions rest with the respective authority. Government fees are separate from our service fee.