The Expat Money Show - With Mikkel Thorup

397: Paraguay’s Inflection Point: 2 Decades Of Insights – Gerold Pankl

Mar 4, 2026
Gerold Pankl, a long-term foreign investor who has lived and built in Paraguay for nearly 20 years. He describes Paraguay’s infrastructure boom, from bridges and highways to airports and potential rail. He highlights Nueva Asunción’s rapid development and why low costs, favorable taxes, and strategic location are drawing foreigners to secure early upside.
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INSIGHT

Paraguay's Rapid Professionalization

  • Paraguay evolved from an agricultural backwater into a more professional economy driven by digitalization, better processes, and infrastructure upgrades.
  • Gerold credits improved capital-market compliance, English skills, and new roads and utilities as catalysts for industrial and real-estate growth.
INSIGHT

Stability Meets Low Debt And Friendly Taxes

  • Paraguay offers political stability, low debt, and a favorable tax regime that attract investors seeking safe emerging-market exposure.
  • Gerold notes decades without major leftist turnarounds and a tax system among the best in South and Central America.
INSIGHT

Food And Hydropower Create Real Liquidity

  • Paraguay combines agricultural export liquidity with massive hydroelectric power, creating income resilience in crises.
  • Gerold highlights top global rankings for protein crops and Itaipu's huge electricity output plus growing exports.
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