273: Paraguay Tour Breakdown
The Expat Money Show - With Mikkel Thorup
Introduction
The host recounts his recent trip to Paraguay as part of his goal to visit every country in the world. He shares his experiences of traveling from Uruguay to Asuncion, encountering intense heat, and facing issues with his hotel reservation.
TODAY'S EPISODE ABOUT PARAGUAY
- Learn about my “hub and spoke” model for touring a country for the first time.
- Hear about a little mishap with our room upon arriving in Villa Rica and how I turned that into an excuse to have an incredible meal.
- Listen to me describe our tour of a timber plantation, which included seeing a Guinness World Record-holding marvel!
- I describe my visit to an exclusive German-speaking community (you read that right) in the middle of Paraguay!
- Hear another of my tales of travel mishaps - this one involving my attempts to pay a Paraguayan cabbie.
- Learn how Paraguay has leveraged its hydroelectric power, not just to provide electricity for its own people but also by selling power to neighbouring Brazil. Brilliant!
- I explain how the cheap electricity available in Paraguay has led to a boom in Bitcoin mining in the country - a unique potential area of investment to keep an eye on.
- Listen to me break down several of the exciting real estate investment opportunities I got to check out there. While I can’t advise anyone to act just yet, there are definitely some projects to keep an eye on.
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272: Expat Exploration and Investor Tour Recap 249: How Safe is Latin America? - Ernie Baca 189: The Good, Bad, & Ugly of Latin America - Fergus HodgsonCONCLUSION
That wraps up my recap of my first time in Paraguay. As you can see, when I visit a country like this, I am there as much more than simply a tourist. Rather, I see myself as the first boots on the ground for any of my listeners or clients who might have an interest in pursuing residency or investments in that particular country. I really enjoyed the country and saw a lot of potential investment opportunities there. Be sure to bookmark our website, ExpatMoney.com and sign up for our newsletter to get a ton of content about Paraguay in the coming months.Mentioned in this episode:
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Join Us For Upcoming Live Webinars
Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
Join Me In Panama For Our Next Tour
I have great news. After many meetings and explanations, the Panamanian government has agreed to keep the Investors Visa at a $300k Real Estate investment instead of nearly doubling the amount required, as they said they would. This is a massive win for our community who wants to move to or invest in Panama, but I am not sure how long this will last… If you have been thinking about Panama, then I want to make an invitation to you today. Come join me for a special four-day tour to see if the country I call home is right for you and your family. We have just released the next set of trip dates. You can find out more at ExpatMoney.com/fly. Come visit me and the Expat Money team, get a feel for the country and see if Panama makes sense for investment or as a new home.
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