Prospera vs Paraguay… The Better Plan B Residency?
Paraguay and Prospera (Honduras) offer low-tax Plan B residency for digital nomads. Prospera processes remotely in weeks with a $5k flat annual tax, company setup, banking, and local ties. Paraguay is cheaper but takes months, requires a visit, has limited banking, and monthly RUC filings. Prospera suits nomads needing formal tax residency; Paraguay fits affordable backup residency.
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